919 12Th Pl Prescott, AZ 86305
- Office Properties & Spaces
- 2,000 SF
Current Use by Public Records
- Horizon Dental Group Prescott / Dentist / Cosmetic Dentist
- AZ Crown Center Prescott / Dentist
- Thomas Masters / Sports Medicine Physician / Pain Management Physician
- Sein George MD / Internist
- Todd Cox, DPM / Podiatrist
Property Details for 919 12Th Pl
- Property size
- 2,000 SF
- Property type
- Office Properties & Spaces
- Property subtype
- Medical offices
Description
This exceptional 2,000-square-foot medical office condo in Prescott, Arizona, presents a compelling investment opportunity. Priced at $615,000, it boasts a 6.5% capitalization rate. Currently leased to Nimbus Health under a new three-year lease with two three-year options, each including a 4.0% annual rent increase, this NNN (Net, Net, Net) property ensures minimal landlord responsibilities. The property is ideally situated just off Willow Creek Road, approximately two blocks north of Dignity Health YRMC Hospital's west campus, within the Twelfth Place Medical Center. The well-appointed space features five private exam rooms (two with sinks), a waiting and reception area, a nursing station, two provider offices, a kitchenette/breakroom, two restrooms, and a large storage room accessible from a rear entrance. Ample on-site parking is available, including shared parking and covered parking on the building's west side. The property benefits from a central Prescott location and prominent monument signage along 12th Place. The property's APN is 115-11-012, 115-11-020. This turnkey investment offers a strong return and a stable tenant in a high-demand medical market.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Prescott
- County
- Yavapai
- State
- Arizona
- Longitude
- -112.484
- Latitude
- 34.5643
