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Medical Office Suite with Exam Rooms
For Lease
$1,980/Mo NNN

172 E Merritt St. Suite D, Prescott, AZ 86301

Commercial Lease, Prescott, AZ

Space Size1,170 SF
Lot Size0.75 Acres
Days on Market52

Property Features for 172 E Merritt St. Suite D

General Information

Property type Commercial Lease
Property subtype Office
Zoning IT
Parking 25
Security features Security
Interior features Fire/Smoke Detector, Security/Alarm
Exterior features Handicap Access
Accessibility Accessible Approach with Ramp
Lot features Landscaped
Directions North on Montezuma to Whipple, right on Merritt to building & monument sign on the left.
Standard status Active
Lot size 0.75 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description MERRITT COMMERCE CENTER A REPLAT OF LOTS 5 7 9 & 11 OF BLOCK 5 DA MERON PARK ADDITION SEC 33-14-2W CONT .75AC
Tax Annual Amount 4749
Legal Description MERRITT COMMERCE CENTER A REPLAT OF LOTS 5 7 9 & 11 OF BLOCK 5 DA MERON PARK ADDITION SEC 33-14-2W CONT .75AC

Utilities

Utilities Phone Available
Heating system Natural Gas
Cooling system Gas (Cooling)
Water source Public

Amenities

monument signage
on-site parking

Building Details

Year built 1997
Floors in Building 1
Number of units 8
Flooring type Vinyl
Building materials Frame, Stucco
Roof type Asphalt
Listing Agency: Better Homes And Gardens Real Estate Bloomtree Realty
Listed By: Raymond G. Zogob · License #SA553424000
Added: Jul 9 Changed: Aug 20 Last Checked: Aug 29 at 7:06PM
MLS# 1083557

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.

Suite D is a medical office space within a multi-tenant professional building at 172 E Merritt St. in Prescott. The approximately 1,170-square-foot layout includes three private exam rooms or offices, a reception and waiting area, a kitchen or break area, and an ADA-compliant restroom. Vinyl flooring, fire and smoke detection, security equipment, natural-gas heating, and gas cooling are installed. The suite has an accessible approach with ramp and handicap access.

The property is positioned between Yavapai Regional Medical Center and Prescott’s Courthouse Square, with monument signage available along Merritt. On-site parking serves tenants and visitors. The building includes medical and counseling professionals and is zoned IT. The suite is offered on a modified-gross basis, with water, sewer, trash, and CAM charges included and no additional triple-net fees.

Key Highlights

  • Approximately +/-1,170 sf in Suite D
  • Three private exam rooms or office spaces
  • Reception and waiting area with kitchen or break area

Property Analytics

Current Use

Experience Hope Counseling ... Marriage Or Relationship Counselor Sanos Wellness Medical Clinic Dr. Aaron Haag Dental Office Dr. David Frausto Dental Office Dr. Salvatore Jordano Alternative Medicine Practice

Suggested Use

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

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

Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

765
Businesses Nearby
Under-served
Demand for This Use

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 8% 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
Rey
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Similar Off Market Nearby

  • Healey Douglas R DVM 803 E Sheldon St, Prescott, AZ 86301, United States

Frequently Asked Questions

What type of property is this?
Medical Office Space - Modified-gross professional space includes private treatment rooms, reception areas, break space, and an accessible restroom.
Where is this medical office space located?
The property is located at 172 E Merritt St. Suite D Prescott, AZ.
What is the lease rate?
The lease rate is $1,980/Mo.
What are key features of this property?
This property features: Approximately +/-1,170 sf in Suite D; Three private exam rooms or office spaces; Reception and waiting area with kitchen or break area
More about this property
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