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Medical Office Condo With Exam Rooms
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919 12th Place Unit #12, Prescott, AZ 86305

Single-tenant suite includes clinical rooms, provider offices, reception, and support areas within a professional medical complex.

Property Size2,000 SF
Days on Market143

Property Features for 919 12th Place Unit #12

General Information

Standard status Active
Size 2,000 SF
Property subtype Special Purpose

Financials

Asking Price $575,000
Cap Rate 7.17%

Building Details

Tenancy Single
Abandoned No
Listing Agency: Better Homes and Gardens BloomTree Realty
Listed By: Raymond Zogob · License #AZ SA553424000
Source: Crexi
Added: Apr 13 Changed: Aug 31 Last Checked: Aug 30 at 5:43PM

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

Investment Insights

Based on property information with market context.

This 2,000-square-foot medical office condominium is leased to Nimbus Health under a new three-year NNN lease, with two additional three-year options and 4.0% annual increases. The suite provides five private exam rooms, including two equipped with sinks, along with a waiting and reception area, nursing station, two provider offices, kitchenette and breakroom, two restrooms, and a large storage room below the unit near the rear entrance. The going-in CAP rate is 7.17%.

The property is part of Twelfth Place Medical Center, just off Willow Creek Road and approximately two blocks north of Dignity Health YRMC Hospital’s west campus. Shared on-site parking serves the professional offices within the complex.

Key Highlights

  • 2,000‑square‑foot medical office condominium
  • Five private exam rooms, including two with sinks
  • New three‑year NNN lease to Nimbus Health

Property Analytics

Current Use

Horizon Dental Group ... Dental Office AZ Crown Center ... Dental Office Thomas Masters Physician Sein George MD Physician Todd Cox, DPM Physician

Suggested Use

Top Pick Real Estate Agency Building Supply Auto Parts Store Big Box & Wholesale Store Parking Lot & Garage Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,460
Businesses Nearby
Well-served
Demand for This Use

Demographics for 86305, AZ

19,555
Population
10,920
Households
1.8
Avg Household Size
62
Median Age
47%
College-Educated
97%
High-School Grad
588.5 sq mi
ZIP Area
33
Density / Sq Mi
$78,802
Median Household Income
$37,630
Median Earnings
$1,132
Median Rent
$627,100
Median Home Value

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
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Frequently Asked Questions

What type of property is this?
Medical Office Space - Single-tenant suite includes clinical rooms, provider offices, reception, and support areas within a professional medical complex.
Where is this medical office space located?
The property is located at 919 12th Place Unit #12 Prescott, AZ.
What are key features of this property?
This property features: 2,000‑square‑foot medical office condominium; Five private exam rooms, including two with sinks; New three‑year NNN lease to Nimbus Health
(619) 997-3329 Call to check price and availability
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