Medical Office Park For
3233 Lakeside Village Prescott, AZ 86301
For Sale
Contact for pricing
Medical office park in Prescott, build-to-suit options available.
Property Size4,750 SF
Price / SF$450
Days on Market1187
Property Features for 3233 Lakeside Village
General Information
- Standard status
- Active
- Size
- 4,750 SF
- Property subtype
- Office
Building Details
- Year Built
- 2023
Listing Agency:
Arizona Commercial Real Estate
(928) 642-3032
Listed By:
Matthew Fish · License #BR626105000
Source:
Crexi
Added: Apr 25, 2023
Changed: Jul 6
Last Checked: Jul 23 at 11:20AM
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.
The Reserve at Willow Hills Commerce Center is centrally located off Willow Lake Road, conveniently situated between Prescott, Prescott Valley, and Chino Valley. Buildings A, B, and C will be approximately 4,750 square feet. Buildings D and E are 7,500 square foot, two-story units. Each building will be a build-to-suit concept, tailored to the buyer's medical practice needs. The pricing includes the land, shell, costumed layouts, tenant improvements, engineering designs, landscaping, and signage. The site has City of Prescott utilities, natural gas, and three-phase power installed, with medical-spaced parking, great visibility, and signage from Willow Lake Road. Additional options for purchasing and leasing may be available for this commercial space.
Key Highlights
- Centrally located medical office park between Prescott, Prescott Valley, and Chino Valley.
- Build‑to‑suit concept tailored to buyer's medical practice needs.
- Price includes land, shell, customized layouts, tenant improvements, engineering designs, landscaping, and signage.
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 | $137.9k | $29.04 |
| − Vacancy | −$9.0k | −$1.89 |
| EGI | $129.0k | $27.15 |
| − OpEx | −$51.6k | −$10.86 |
| NOI | $77.4k | $16.29 |
4,750 SF · lease $29.04/SF/yr · vacancy 6.50% · expense 40.00%
Alternative Uses
Best Use
Healthcare Medical
$1.11M
$967.3K – $1.29M
NOI $77,384 @ 7.0% cap · market cap 3.62%
Second Best
Office B
$986.9K
$863.6K – $1.15M
NOI $69,085 @ 7.0% cap · market cap 3.23%
Theoretical Best
Warehouse
$1.59M
$1.39M – $1.86M
NOI $111,387 @ 7.0% cap · market cap 5.21%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
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
FAQs
What type of property is this?
Medical Office Space - Medical office park in Prescott, build-to-suit options available.
Where is this medical office space located?
The property is located at 3233 Lakeside Village Prescott, AZ.
What is the asking price?
The asking price for this property is $2,137,500.
What are key features of this property?
This property features: Centrally located medical office park between Prescott, Prescott Valley, and Chino Valley.; **Build‑to‑suit concept tailored to buyer's medical practice needs.**; **Price includes land, shell, customized layouts, tenant improvements, engineering designs, landscaping, and signage.**
