999 Division St Prescott, AZ 86301
Single-tenant medical office building near Dignity Health hospital.
Type:Office
Property size:
4,922 SFPrice / SF:
$344/SF- Added:
- Jun 25, 2024
- Days on Market:
- 675
- Last Refresh:
- Mar 17 at 1:26 pm
Property Features for 999 Division St
General Information
- Standard status
- Active
- Size
- 4,922 SF
- Property subtype
- Office
Building Details
- Year Built
- 1988
Listing agent Raymond Zogob License #AZ SA553424000
Listing office Better Homes and Gardens BloomTree Realty
Listing date Jun 25, 2024
Source Crexi
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 Better Homes and Gardens BloomTree Realty
Overview
Medical Office Building Investment
This single-tenant medical office building is a net-leased investment opportunity located adjacent to the Dignity Health hospital’s west campus in Prescott, Arizona. The 4,922-square-foot building is currently leased to Arizona Neurosurgery & Spine. The lease commenced on January 1, 2022, and expires on December 31, 2026. Originally constructed in 1988, the building has been recently renovated and is in excellent condition. The main level features approximately 4,000 square feet and includes 5 exam rooms with sinks, 3 provider offices (convertible into additional exam rooms), 1 large surgical room, 3 surgical prep rooms, a separate lobby and entrance for surgical procedures, 2 nursing stations, a manager's office, a large waiting room and reception desk, a stacked washer/dryer room, 2 storage rooms, 2 restrooms, and a private outside patio area. The second floor, approximately 920 square feet, offers additional office space in a large open bullpen area, a kitchen breakroom with a sink and built-in countertops, and a separate restroom. There are 24 on-site parking spaces. The tenant currently leases only the first-floor space, while the second-floor space is available for lease or use by the future building owner. The property is offered with a going-in CAP Rate of 7.1% and annual CPI increases.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Prescott Family Practice
Medical Clinic
AZ Neurosurgery and Spine ...
Physician
GF Medical
Medical Clinic
Thresiamma Anthony
Physician
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Location Insight
- Map
- Local Demand
- City
- Prescott
- County
- Yavapai
- State
- Arizona
- Longitude
- -112.4788063
- Latitude
- 34.5595686
Nearby Similar for Sale
FAQs
What type of property is this?
Medical Office Space - Single-tenant medical office building near Dignity Health hospital.
Where is this medical office space located?
The property is located at 999 Division St Prescott, AZ.
What is the asking price?
The asking price for this property is $1,695,000.
What are key features of this property?
This property features: Net Leased Investment with a strong 7.1% CAP Rate and annual CPI increases.; Single Tenant Medical Office Building, conveniently adjacent to Dignity Health hospital.; Leased to Arizona Neurosurgery & Spine until 12‑31‑26.
