Three-Building Office Portfolio with
3205 Lakeside Vlg Prescott, AZ 86301
3205 Lakeside Vlg, Prescott, AZ, 86301
$5,437,518
For Sale
$5,437,518
Fully leased three-building office campus with NNN leases and annual rental escalations, built in 2007, 2014, and 2018.
Property Size22,395 SF
Price / SF$242.80
Days on Market13
Property Features for 3205 Lakeside Vlg
General Information
- Standard status
- Active
- Size
- 22,395 SF
Listing agency
Arizona Commercial
(480) 309-1089
Listed by
Matthew Fish · License #BR626105000
(480) 309-1089
Source
Exprealty
Added: Jul 10 Updated: Jul 22 at 5:37PM Checked: Jul 22 at 5:37PM
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 and features architecturally cohesive buildings constructed in 2007, 2014, and 2018. The campus is designed for a professional workplace presentation and includes attractive landscaping and abundant parking. The offering is fully leased with NNN leases that include annual rental escalations.
The portfolio is located in Prescott along Lakeside Village Drive, described as a premier professional office corridor. The immediate area is experiencing continued development momentum, including multiple new commercial buildings currently under construction adjacent to the property.
The investment is anchored by HOAMCO, with the company serving as its corporate headquarters in Prescott. HOAMCO occupies the majority of the campus, and the tenancy is tied to long-term operational commitment to the location.
The portfolio is located in Prescott along Lakeside Village Drive, described as a premier professional office corridor. The immediate area is experiencing continued development momentum, including multiple new commercial buildings currently under construction adjacent to the property.
The investment is anchored by HOAMCO, with the company serving as its corporate headquarters in Prescott. HOAMCO occupies the majority of the campus, and the tenancy is tied to long-term operational commitment to the location.
Key Highlights
- Three‑building office portfolio totaling 22,395 SF across buildings constructed in 2007, 2014, and 2018
- Fully leased investment with NNN leases and annual rental escalations
- Anchored by HOAMCO, with executive leadership and key operational staff occupying the majority of the campus
Local 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 local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Hoamco - HOA Management ...
Property Management Company
hidden valley association
Association / Organization
Home Country Club ...
Golf Course
FireWise
Fire Station
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FAQs
What type of property is this?
Office building - Fully leased three-building office campus with NNN leases and annual rental escalations, built in 2007, 2014, and 2018.
Where is this office building located?
The property is located at 3205 Lakeside Vlg Prescott, AZ.
What is the asking price?
The asking price for this property is $5,437,518.
What are key features of this property?
This property features: Three‑building office portfolio totaling 22,395 SF across buildings constructed in 2007, 2014, and 2018; Fully leased investment with NNN leases and annual rental escalations; Anchored by HOAMCO, with executive leadership and key operational staff occupying the majority of the campus
