Downtown Retail
For Lease
$18.50 SF/Yr
121 N Cortez Street, Prescott, AZ 86301
Commercial Lease, Prescott, AZ
Space Size2,500 SF
Lot Size0.31 Acres
Days on Market47
Property Features for 121 N Cortez Street
General Information
Property type
Commercial Lease
Property subtype
Retail
Zoning
DTB
Parking features
On Street
Subdivision
Prescott
Lot features
Sprinklers In Front
Standard status
Active
Lot size
0.31 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
PRESCOTT: ALL OF LOT 8 & LOT 14 ALSO LOT 10 LESS THE S 32.83' AL SO LOT 12 LESS THE N 14.31' ALL IN BLK 9 2038/270
Tax Annual Amount
9495
Legal Description
PRESCOTT: ALL OF LOT 8 & LOT 14 ALSO LOT 10 LESS THE S 32.83' AL SO LOT 12 LESS THE N 14.31' ALL IN BLK 9 2038/270
Utilities
Utilities
Natural Gas Available
Heating system
Natural Gas
Cooling system
Gas (Cooling)
Water source
Public
Building Details
Year built
2024
Floors in Building
1
Number of units
1
Flooring type
Laminate, Concrete
Building materials
Block, Frame, Stucco
Listing Agency:
Arizona Commercial
(928) 515-1223
Listed By:
Abigail Chartier · License #SA710066000
(928) 642-3032
Added: Jul 16
Changed: Aug 30
Last Checked: Aug 31 at 1:06AM
MLS# 1083535
Copyright © 2026 Prescott Area Association of Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This retail space at 121 N. Cortez Street offers approximately 2,500 SF within a 2024-built property. Block, frame, and stucco construction is paired with concrete and laminate flooring, natural gas heating, gas cooling, and public water service. Natural gas is available to the property, and parking is provided on street.
The space is located in Historic Downtown Prescott, near Courthouse Plaza and surrounded by shops, restaurants, and year-round attractions. DTB zoning and the storefront configuration support retail, showroom, and service-oriented business uses identified for the premises.
The space is located in Historic Downtown Prescott, near Courthouse Plaza and surrounded by shops, restaurants, and year-round attractions. DTB zoning and the storefront configuration support retail, showroom, and service-oriented business uses identified for the premises.
Key Highlights
- Approximately 2,500 SF of retail space
- 2024 construction with block, frame, and stucco materials
- Concrete and laminate flooring
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$2.78 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
2,983
Businesses Nearby
22k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 73%
Dining 23%
Hotels & Casinos 4%
Shell
Shops & Services
6,127 visits/mo
0.5 miles
Chase Bank
Shops & Services
5,350 visits/mo
0.2 miles
Rosati's Chicago Pizza
Dining
3,658 visits/mo
0.1 miles
The UPS Store
Shops & Services
3,349 visits/mo
0.2 miles
Parlor Doughnuts
Dining
1,412 visits/mo
0.1 miles
Demographics for 86301, AZ
25,115
Population
13,863
Households
1.8
Avg Household Size
57
Median Age
37%
College-Educated
96%
High-School Grad
33.4 sq mi
ZIP Area
752
Density / Sq Mi
$71,962
Median Household Income
$33,989
Median Earnings
$1,580
Median Rent
$495,100
Median Home Value
Market
Lease Benchmarks for Prescott, AZ
$19.41 /SF/Yr
Avg Asking Price
$12–$32 /SF/Yr
Price Range
1,672 SF
Avg Space Size
This space is priced 5% below the average of $19.41 /SF/Yr.
Vacancy Rate% for Retail in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Flexible storefront with concrete and laminate flooring, natural gas heating, and on-street parking.
Where is this retail space located?
The property is located at 121 N Cortez Street Prescott, AZ.
What is the lease rate?
The lease rate is $18.50 SF/Yr.
What are key features of this property?
This property features: Approximately 2,500 SF of retail space; 2024 construction with block, frame, and stucco materials; Concrete and laminate flooring
