Three-Building Office Portfolio with
For Sale
$5,437,518
Pending
3205 Lakeside Vlg, Prescott, AZ 86301
Fully leased three-building office campus with NNN leases and annual rental escalations, built in 2007, 2014, and 2018.
Property Size22,395 SF
Days on Market106
Property Features for 3205 Lakeside Vlg
General Information
Standard status
Pending
Size
22,395 SF
Occupancy
100%
Taxes and HOA fees
Annual Taxes
$41,665
Listing Agency:
Arizona Commercial
Listed By:
Matthew Fish · License #BR626105000
(480) 309-1089
Source:
Exprealty
Added: Jul 10
Changed: Oct 19
Last Checked: Oct 20 at 11:10PM
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
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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
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$325,717
Cap Rate
5.99%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$6,514,340
$6.5M
Cap Rate 7%
$4,653,100
$4.7M
Cap Rate 9%
$3,619,078
$3.6M
Market Conditions
NOI Build-Up for 22,395 SF
Gross rent
$521.4K $23.28/SF
− Vacancy
−$87.1K −$3.89/SF
EGI
$434.3K $19.39/SF
− OpEx
−$108.6K −$4.85/SF
NOI
$325.7K $14.54/SF
Area
Yavapai County, AZ
Vacancy
16.70%
Lease Rate
$23.28 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$6,514,340
Cap Rate 7%
$4,653,100
Cap Rate 9%
$3,619,078
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.
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Open Analytics
Current Use
Lease Details
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
353
Businesses Nearby
Explore this area
Business Placement
Demographics for 86301, AZ
25,115
Population
13,863
Households
1.8
Avg Household Size
57
Median Age
37%
College-Educated
96%
High-School Grad
33.4 sq mi
ZIP Area
752
Density / Sq Mi
$71,962
Median Household Income
$33,989
Median Earnings
$1,580
Median Rent
$495,100
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
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
