Commercial Office Building Investment
223 White Spar Road, Prescott, AZ 86303
- Added:
- Oct 3, 2025
- Days on Market:
- 224
- Last Refresh:
- May 14 at 5:06 pm
Property Features for 223 White Spar Road
General Information
- Property type
- Residential
- Property subtype
- Office
- Zoning
- BG
- Bathrooms
- 3
- Rooms
- Bathroom 3, Bathroom 1, Bathroom 2
- Parking
- 11
- Parking features
- On Street
- Security features
- Security, Security System
- Interior features
- Fire/Smoke Detector, Security/Alarm
- Standard status
- Active
- Lot size
- 0.19 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- TRAPPMAN ADDN ERLY PTN OF LOTS 22 & 23 & W2 OF ABANDONED ALLEY LY ING ALONG E SIDE OF LOTS 22 & 23 BLK 1
- Tax Annual Amount
- 4853
Utilities
- Utilities
- Phone Available
- Heating system
- Electric (Heating), Heat Pump (Heating)
- Cooling system
- Heat Pump, Central Air
- Water source
- Public
Building Details
- Year built
- 1992
- Floors in Building
- 2
- Number of units
- 3
- Flooring type
- Tile, Wood, Carpet
- Building materials
- Frame, Stucco
- Roof type
- Asphalt
Listing agent Sandra F Shaffer License #BR102761000 (928) 899-3111
Listing office Invest Southwest 1808 Oaklawn Dr., Prescott, AZ (928) 899-3111
Listing date Oct 3, 2025
MLS# 1077021
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.
HighLights
- High‑traffic location on White Spar Rd with excellent visibility.
- Long‑term tenant in Suite A with a new ten‑year NNN lease and rent increases.
- Potential 7.08% cap rate based on 2026 proforma rents when fully leased.
- Two lower suites available (+/-1188 sf) suitable for owner‑user or income generation.
- Recent exterior paint and interior updates (paint and flooring) in Suites B & C.
- Eleven on‑site parking spaces, recently restriped.
Overview
This commercial office building is situated along the high-traffic corridor of White Spar Road, offering excellent visibility. Suite A, comprising approximately 2413 square feet, is currently occupied by a long-term tenant who recently signed a new ten-year NNN lease with built-in rent increases. Two lower suites, totaling approximately 1188 square feet, are available, presenting an opportunity for either an owner-user or additional income generation. Based on 2026 proforma rents, the investment is projected to yield a 7.08% cap rate when fully leased. Recent improvements to the property include exterior paint, as well as paint and flooring upgrades in Suites B & C. The property features 11 on-site parking spaces, which have been recently restriped. This property is zoned BG. It is located near downtown Prescott.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Journey Real Estate
Property Management Company
TravelCrafters Inc
Travel Agency
Another Journey
Association / Organization
SkinFit Prescott
Spa & Massage Center
Suncrest Real Estate ...
Real Estate Agency
Location Insight
- Map
- Local Demand
- City
- Prescott
- County
- Yavapai
- State
- Arizona
- Longitude
- -112.471176
- Latitude
- 34.530943
Nearby Similar for Sale
FAQs
What type of property is this?
Office building - High-visibility office building with long-term tenant and income potential.
Where is this office building located?
The property is located at 223 White Spar Road Prescott, AZ.
What is the asking price?
The asking price for this property is $780,000.
What are key features of this property?
This property features: High‑traffic location on White Spar Rd with excellent visibility.; Long‑term tenant in Suite A with a new ten‑year NNN lease and rent increases.; Potential 7.08% cap rate based on 2026 proforma rents when fully leased.
