Building Details

Year Built 1973

Listing Agency: Commercial Properties Northern AZ j*@prescottproperties.biz Show Phone

Listed By: James Purvis · License #BR004434000

Source: Thebergaminigroup

Added: Jul 20 Changed: Aug 29 Last Checked: Aug 25 at 5:37AM

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Investment Insights

Based on property information with market context.

Vacant medical office space at 225 Grove Avenue in Prescott, Arizona. The property carries BG zoning and was built in 1973.

Showings are available by arrangement, with a contractor lockbox located at the property for access.

Key Highlights

• Vacant medical office space
• BG zoning
• Built in 1973

Property Analytics

Property Profile

Current Use

Let's Get Healthy ... Weight Loss Service The Heart Shop Alternative Medicine Practice Vincent Ruzzo Counselor Healthy Skin 4 ... Spa & Massage Center

Suggested Use

Top Pick Parking Lot & Garage Grocery & Convenience Store (Bike/Boat/Book/etc) Store Butcher Locksmith Barber Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)

Lease Type

$2.70 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

2,842

Businesses Nearby

Balanced

Demand for This Use

Explore this area Business Placement

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

$22.16 /SF/Yr

Avg Asking Price

$10.87–$40 /SF/Yr

Price Range

1,367 SF

Avg Space Size

This space is priced 19% below the average of $22.16 /SF/Yr.

Vacancy Rate% for Office in West region

11% 2019

14.1% 2020

15.5% 2021

17.2% 2022

19.9% 2023

21% 2024

20.8% 2025

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this medical office space located? What is the lease rate? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Medical Office Space - Vacant medical office space with BG zoning and on-site showing access through a contractor lockbox.

Where is this medical office space located?

The property is located at 225 Grove Ave Prescott, AZ.

What is the lease rate?

The lease rate is $18 SF/Yr.

What are key features of this property?

This property features: Vacant medical office space; BG zoning; Built in 1973