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Flexible-Layout Retail Space
For Lease
$32 SF/Yr

201 S Cortez Street, Prescott, AZ 86303

Planned storefront offering one larger suite or two smaller configurations within a contemporary downtown development.

Space SizeContact for details
Property Size3,043 SF
Days on Market244

Property Features for 201 S Cortez Street

General Information

Standard status Active
Size 3,043 SF
Property subtype Retail

Space & Availability

Divisible Yes
Space Use Retail

Taxes and HOA fees

Annual Taxes $30,000

Building Details

Building Size 3,043 SF
Year Built 2027
Listing Agency: Arizona Commercial
Listed By: Matthew Fish · License #BR626105000
Source: Adobegr
Added: Dec 30, 2025 Changed: Aug 29 Last Checked: Aug 29 at 5:11PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Arizona Commercial

Investment Insights

Based on property information with market context.

Planned retail space is part of an approved hotel development at 201 S. Cortez Street in downtown Prescott. The property is designed to accommodate either one larger suite or two smaller suites, with storefronts integrated into a project intended to complement the area’s historic character.

The development is positioned at the hard corner of Courthouse Square and incorporates contemporary upgrades, current infrastructure, and adaptable floor plans. Space planning materials are available, and the suite can be built to suit the selected configuration. The project is scheduled for completion in 2027 and is located within Prescott’s established dining and shopping district.

Key Highlights

  • Retail space at 201 S. Cortez Street in downtown Prescott
  • Approved hotel development scheduled for completion in 2027
  • Configuration options include one large suite or two smaller suites

Property Analytics

Current Use

Prescott Geographic Info ... City Government Office Carvana Prescott Car Dealership Murphy's Restaurant Restaurant City of Prescott City Hall Prescott Risk Management City Government Office

Suggested Use

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

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
$4.80 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,896
Businesses Nearby
16k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 63% Dining 32% Hotels & Casinos 5%
Chase Bank Shops & Services
5,350 visits/mo 0.2 miles
Rosati's Chicago Pizza Dining
3,658 visits/mo 0.3 miles
The UPS Store Shops & Services
3,349 visits/mo 0.2 miles
Parlor Doughnuts Dining
1,412 visits/mo 0.2 miles
Automax Prescott Shops & Services
1,215 visits/mo 0.2 miles

Demographics for 86303, AZ

18,201
Population
12,255
Households
1.5
Avg Household Size
61
Median Age
41%
College-Educated
96%
High-School Grad
107.2 sq mi
ZIP Area
170
Density / Sq Mi
$68,656
Median Household Income
$44,428
Median Earnings
$1,309
Median Rent
$502,400
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 65% above the average of $19.41 /SF/Yr.

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Planned storefront offering one larger suite or two smaller configurations within a contemporary downtown development.
Where is this retail space located?
The property is located at 201 S Cortez Street Prescott, AZ.
What is the lease rate?
The lease rate is $32 SF/Yr.
What are key features of this property?
This property features: Retail space at 201 S. Cortez Street in downtown Prescott; Approved hotel development scheduled for completion in 2027; Configuration options include one large suite or two smaller suites
More about this property
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