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Property profile & analytics
OFF-MARKET
Lifestyle centers

3250 Gateway Blvd Prescott, AZ 86303

1,548,993 SF 35.56 ac lot Built 2001
Property ID
Property summary
AI-generated overview

Pine Ridge Marketplace offers 1,548,993 square feet of retail space across three buildings on a 35.56-acre lot in Prescott, Arizona. Built in 2001 and renovated in 2023, this multifaceted shopping center combines an indoor mall (approximately 133,000 square feet with 67 suites, including a food court) and an outdoor lifestyle center (approximately 192,000 square feet with 29 suites). The property boasts 3,000 parking spaces and is strategically located at the intersection of State Route 69 and Gateway Blvd, in Yavapai County (zip code 86303). Zoned BR, the center features a mix of national, regional, and independent tenants, including Dillard's, Michaels, Mattress Firm, JCPenney, Famous Footwear, Chico's, Bath & Body Works, Espire Sports, and Spencer's. This one-story property is the only shopping mall within a 100-mile radius offering both indoor and outdoor shopping experiences, serving as a community hub for Prescott, Prescott Valley, Chino Valley, and Dewey-Humboldt. The center benefits from its location within a thriving retail corridor, surrounded by Class A retail, restaurants, and service businesses, including Costco, Walmart, Lowe's, Trader Joe's, Best Buy, and several national restaurant chains, as well as upscale residential communities and a retirement community. The property's 25 suites range in size from 620 to 30,078 square feet.

Property profile
Verified
Property type Lifestyle centers
Year built 2001
Total area 1,548,993 SF
Lot 35.56 ac (1,548,994 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Florian (Bike/Boat/Book/etc) Store Florist
  • Claire's Tattoo & Piercing Shop
  • The Garden Event Center Hotel & Motel Resort
  • Micro AZ Computer & Electronic Repair
  • Williams Eye Care Group Physician
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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