Three-Building Office
3207 3205 3203 and 3201 Lakeside Village Prescott, AZ 86301
New
3207 3205 3203 and 3201 Lakeside Village, Prescott, AZ, 86301
$5,437,518
For Sale
$5,437,518
Three architecturally cohesive office buildings built 2007, 2014, and 2018, offered as a fully leased NNN portfolio.
Property Size22,395 SF
Price / SF$242.80
Days on Market2
Property Features for 3207 3205 3203 and 3201 Lakeside Village
General Information
- Standard status
- Active
- Size
- 22,395 SF
- Property subtype
- Office - General Office
Building Details
- Year Built
- 2014
Listing Agency
Arizona Commercial Real Estate
(480) 309-1089
Listed by
Matthew Fish · License #BR626105000
Source
Commercialcafe
Added: Jul 17 Checked: Jul 18 at 2:17 am
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 Real Estate
Investment Insights
Based on property information with market context.
This for-sale office portfolio consists of three architecturally cohesive buildings totaling 22,395 square feet, constructed in 2007, 2014, and 2018. The campus setting is designed with attractive landscaping and abundant parking, and it is offered as a fully leased investment on NNN leases with annual rental escalations.
The portfolio is anchored by HOAMCO, a community association management firm, with Prescott serving as its corporate headquarters and its executive leadership and key operational staff occupying the majority of the campus. The property includes addresses at 3207, 3205, 3203 and 3201 Lakeside Village, Prescott, Arizona.
According to the remarks, Lakeside Village Drive has become a premier business corridor, and there is continued development momentum in the immediate area, including multiple new commercial buildings currently under construction adjacent to the property.
The portfolio is anchored by HOAMCO, a community association management firm, with Prescott serving as its corporate headquarters and its executive leadership and key operational staff occupying the majority of the campus. The property includes addresses at 3207, 3205, 3203 and 3201 Lakeside Village, Prescott, Arizona.
According to the remarks, Lakeside Village Drive has become a premier business corridor, and there is continued development momentum in the immediate area, including multiple new commercial buildings currently under construction adjacent to the property.
Key Highlights
- Three‑building office portfolio totaling 22,395 SF across three architecturally cohesive buildings
- Buildings constructed in 2007, 2014, and 2018
- Fully leased investment with NNN leases and annual rental escalations
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
Office buildings
Similar For Sale Nearby
FAQs
What type of property is this?
Office building - Three architecturally cohesive office buildings built 2007, 2014, and 2018, offered as a fully leased NNN portfolio.
Where is this office building located?
The property is located at 3207 3205 3203 and 3201 Lakeside Village 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 three architecturally cohesive buildings; Buildings constructed in 2007, 2014, and 2018; Fully leased investment with NNN leases and annual rental escalations
