Three-Building Office
3205 Lakeside Prescott, AZ 86301
For Sale
$5,437,519
Three architecturally cohesive office buildings totaling 22,395 SF, fully leased under NNN with annual rental escalations.
Property Size22,395 SF
Price / SF$242.80
Days on Market21
Property Features for 3205 Lakeside
General Information
Standard status
Active
Size
22,395 SF
Property subtype
Commercial
Building Details
Year Built
2007
Listing Agency:
Arizona Commercial
(480) 309-1089
Listed By:
Matthew Fish · License #BR626105000
(480) 309-1089
Source:
Sunhaven-realestate
Added: Jul 10
Changed: Jul 29
Last Checked: Jul 29 at 11:05PM
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.
This three-building office portfolio totals 22,395 square feet across architecturally cohesive buildings constructed in 2007, 2014, and 2018. The campus is designed for a professional corporate setting and includes abundant parking and landscaped site elements.
The portfolio is anchored by HOAMCO, with its executive leadership and key operational staff occupying the majority of the campus. The Prescott headquarters location is described as the organization’s operational core. The investment is offered as a fully leased arrangement with NNN leases and annual rental escalations.
Located along Lakeside Village Drive in Prescott’s professional office corridor, the portfolio is positioned in an area described as experiencing continued commercial development momentum, including multiple new commercial buildings currently under construction adjacent to the property.
The portfolio is anchored by HOAMCO, with its executive leadership and key operational staff occupying the majority of the campus. The Prescott headquarters location is described as the organization’s operational core. The investment is offered as a fully leased arrangement with NNN leases and annual rental escalations.
Located along Lakeside Village Drive in Prescott’s professional office corridor, the portfolio is positioned in an area described as experiencing continued commercial development momentum, including multiple new commercial buildings currently under construction adjacent to the property.
Key Highlights
- 22,395 SF office portfolio across three buildings
- Buildings constructed in 2007, 2014, and 2018
- Fully leased with NNN leases and annual rental escalations
Financial Insights For Office B
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 | $521.4k | $23.28 |
| − Vacancy | −$87.1k | −$3.89 |
| EGI | $434.3k | $19.39 |
| − OpEx | −$108.6k | −$4.85 |
| NOI | $325.7k | $14.54 |
22,395 SF · lease $23.28/SF/yr · vacancy 16.70% · expense 25.00%
Alternative Uses
Best Use
Office B
$4.65M
$4.07M – $5.43M
NOI $325,717 @ 7.0% cap · market cap 5.99%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$7.50M
$6.56M – $8.75M
NOI $525,158 @ 7.0% cap · market cap 9.66%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Office building - Three architecturally cohesive office buildings totaling 22,395 SF, fully leased under NNN with annual rental escalations.
Where is this office building located?
The property is located at 3205 Lakeside Prescott, AZ.
What is the asking price?
The asking price for this property is $5,437,519.
What are key features of this property?
This property features: 22,395 SF office portfolio across three buildings; Buildings constructed in 2007, 2014, and 2018; Fully leased with NNN leases and annual rental escalations
