Build-to-Suit Downtown Retail
For Lease
$32 SF/Yr
201 S Cortez Street, Prescott, AZ 86303
COMMERCIAL - Prescott, AZ
Space SizeContact for details
Lot Size0.60 Acres
Days on Market217
Property Features for 201 S Cortez Street
General Information
Property type
Commercial Lease
Property subtype
Retail
Property condition
Under Construction
Zoning
DTB
Security features
Security, Security Lighting
Interior features
Ceiling Fan(s), Elevator(s), Fire/Smoke Detector, Security/Alarm
Exterior features
Drip System, Handicap Access
Accessibility
Accessible Elevator Installed, Accessible Approach with Ramp
Subdivision
Prescott Original Township
Lot features
Sprinklers In Front, Landscaped
Directions
Traveling West on Gurley Street, turn South on Cortez Street. Property is on the SE corner of Goodwin and Cortez Street.
Standard status
Active
Lot size
0.60 Acres
Taxes and HOA fees
Tax Year
2027
Tax Description
PRESCOTT LOTS 2 4 6 BLK 21 & THE N2 LOT 8 BLK 21
Tax Annual Amount
30000
Legal Description
PRESCOTT LOTS 2 4 6 BLK 21 & THE N2 LOT 8 BLK 21
Utilities
Utilities
Phone Available
Heating system
Electric (Heating), Natural Gas
Cooling system
Central Air
Water source
Public
Building Details
Year built
2027
Floors in Building
4
Number of units
2
Building materials
Build to Suit, Floor Plans, Permits Drawn, Work in Progress
Roof type
Membrane, Rolled Hot Mop
Listing Agency:
Arizona Commercial
(928) 515-1223
Listed By:
Matthew Fish · License #BR626105000
(480) 309-1089
Added: Dec 30, 2025
Changed: Aug 4
Last Checked: Aug 4 at 6:06AM
MLS# 1078458
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 under-construction retail opportunity is offered as a build-to-suit development with floor plans, permits drawn, and work in progress. The approved project at 201 S. Cortez includes one large retail suite or two smaller suites designed for flexible retail concepts, with plans available for space planning. Building improvements and onsite features include central air, natural gas and electric heating, and accessibility elements such as an accessible approach with ramp and an accessible elevator installed. Interior features include ceiling fans, fire/smoke detectors, and a security/alarm system. Exterior amenities include a drip system and handicap access.
The property is located at 201 S. Cortez Street in Downtown Prescott, on the hard corner of Courthouse Square. The retail space is positioned for visibility with nearby downtown dining and shopping activity.
At 0.6 acres, the project is scheduled for a 2027 year built and includes phone availability and public water. Roofing is listed as rolled hot mop and membrane.
The property is located at 201 S. Cortez Street in Downtown Prescott, on the hard corner of Courthouse Square. The retail space is positioned for visibility with nearby downtown dining and shopping activity.
At 0.6 acres, the project is scheduled for a 2027 year built and includes phone availability and public water. Roofing is listed as rolled hot mop and membrane.
Key Highlights
- 0.6‑acre Downtown Prescott retail site under construction
- DTB zoning with build‑to‑suit retail suite options (one large or two smaller)
- Floor plans, permits drawn, and work in progress
Property Analytics
Property Profile
Current Use
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
Explore this area
Business Placement
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
$19.53 /SF/Yr
Avg Asking Price
$12–$32 /SF/Yr
Price Range
3,770 SF
Avg Space Size
This space is priced 64% above the average of $19.53 /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 - Under-construction retail space on a hard corner with DTB zoning, build-to-suit options, and accessible entry and elevator.
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: 0.6‑acre Downtown Prescott retail site under construction; DTB zoning with build‑to‑suit retail suite options (one large or two smaller); Floor plans, permits drawn, and work in progress
