Sec Willow Crk Rd And Pioneer Pkwy Prescott, AZ 86305

Property Details for 0 Sec Willow Crk Rd And Pioneer Pkwy

Property size

43,560 SF

Property type

Retail properties

Property subtype

Restaurants

Description

This exceptional retail property, located at the southeast corner of Willow Creek Road and Pioneer Parkway in Prescott, Arizona (zip code 86305), offers a unique investment opportunity. The property encompasses a substantial 43,560 to 871,200 square feet and currently houses a gas station, pharmacy/drug store, and restaurant. Its prime location benefits from significant residential growth, including over 800 new homes under development in Saddlewood/Westwood/Granite Dells Estates/Walden Farms, and the planned addition of over 10,000 homes in Deep Well Ranch and Stringfield Ranch. The property's proximity to Embry-Riddle Aeronautical University (less than a quarter mile away), with over 2,900 full-time students, and Prescott Regional Airport (PRC), servicing over 10,337 passengers annually (less than a quarter mile away), ensures high visibility and consistent traffic. Further enhancing its appeal is the location near the Yavapai Regional Hospital (5 miles south) and the new Banner Hospital (half a mile south), a 156-bed facility with an emergency room, MD Anderson Cancer Center, resort, conference center, and residential components. The area is experiencing significant commercial expansion, including plans for light industrial/tech commerce development around the airport, which is currently undergoing a $15 million passenger terminal renovation slated to open in March 2021. The greater Prescott area (zip codes 86305, 86301, and 86303) boasts over 60,000 residents, with over 27,400 residing within the immediate trade area of north Prescott/Chino Valley. This presents a compelling investment opportunity in a rapidly growing and dynamic market.

Location Insight

City

Prescott

County

Yavapai

State

Arizona

Longitude

-112.44

Latitude

34.6278