Medical Office Business
3130-3140 Stillwater Drive Prescott, AZ 86305
For Sale
$2,500,000
Two Class A office buildings offer well-improved medical and professional space with ample on-site parking.
Property Size8,392 SF
Lot Size0.76 Acres
Price / SF$297.90
Days on Market557
Property Features for 3130-3140 Stillwater Drive
General Information
- Standard status
- Active
- Size
- 8,392 SF
- Lot size
- 0.76 Acres
- Property subtype
- Office
Building Details
- Year Built
- 2008
Listing Agency:
(928) 899-3111
Listed By:
Invest Southwest
(928) 899-3111
Source:
Xome
Added: Jan 13, 2025
Changed: Jul 23
Last Checked: Jul 24 at 5:48AM
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 Invest Southwest
Investment Insights
Based on property information with market context.
This medical and professional office property within the Crossings at Willow Creek Business Park includes two Class A buildings totaling approximately 8,274 square feet. The buildings are described as well designed and highly improved, with landscaped grounds and a total of approximately 43 parking spaces.
The property is presented as 100% occupied and configured to support medical and professional tenant needs, with plentiful on-site parking for patients and visitors. It is positioned within the business park setting at 3130–3140 Stillwater Drive in Prescott, Arizona.
As an offering, the buildings and site improvements are intended to deliver an orderly, turn-key office environment for medical or professional users, while also supporting investment ownership given the stated occupancy.
The property is presented as 100% occupied and configured to support medical and professional tenant needs, with plentiful on-site parking for patients and visitors. It is positioned within the business park setting at 3130–3140 Stillwater Drive in Prescott, Arizona.
As an offering, the buildings and site improvements are intended to deliver an orderly, turn-key office environment for medical or professional users, while also supporting investment ownership given the stated occupancy.
Key Highlights
- Two Class A office buildings totaling +/- 8,274 SF on +/- 0.76 acres
- 43 paved parking spaces with ample on‑site parking for medical and professional uses
- 100% occupied property with designed, improved space for tenants and their clientele
Financial Insights For Healthcare Medical
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $243.7k | $29.04 |
| − Vacancy | −$15.8k | −$1.89 |
| EGI | $227.9k | $27.15 |
| − OpEx | −$91.1k | −$10.86 |
| NOI | $136.7k | $16.29 |
8,392 SF · lease $29.04/SF/yr · vacancy 6.50% · expense 40.00%
Alternative Uses
Best Use
Healthcare Medical
$1.95M
$1.71M – $2.28M
NOI $136,718 @ 7.0% cap · market cap 5.47%
Second Best
Office B
$1.74M
$1.53M – $2.03M
NOI $122,055 @ 7.0% cap · market cap 4.88%
Theoretical Best
Warehouse
$2.81M
$2.46M – $3.28M
NOI $196,791 @ 7.0% cap · market cap 7.87%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Medical Office Space
Similar Off Market Nearby
- Bioveteria — 3607 Crossings Dr, Prescott, AZ 86305, United States
- Granite Mountain Vet Hospital — 3073 Willow Creek Rd, Prescott, AZ 86301
- Szekely Don DVM — 3073 Willow Creek Rd, Prescott, AZ 86301, United States
FAQs
What type of property is this?
Medical Office Space - Two Class A office buildings offer well-improved medical and professional space with ample on-site parking.
Where is this medical office space located?
The property is located at 3130-3140 Stillwater Drive Prescott, AZ.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: Two Class A office buildings totaling +/- 8,274 SF on +/- 0.76 acres; 43 paved parking spaces with ample on‑site parking for medical and professional uses; 100% occupied property with designed, improved space for tenants and their clientele
