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Property profile & analytics
FOR SALE
Medical Office Space

919 12Th Pl Prescott, AZ 86305

2,000 SF
Property ID
US07-0034003
Property summary
AI-generated overview

Single Tenant NNN Medical Office Investment Opportunity. Offered at $575,000, the Going-in CAP Rate is 7.17%. This 2,000 sf medical office condo has recently been leased to Nimbus Health with a new 3 year lease in place with two 3-year lease options at 4.0% annual increases. The property is located just off Willow Creek Road approximately two blocks north of Dignity Health YRMC Hospital west campus within the Twelfth Place Medical Center. The office space consists of 5 private exam rooms (2 with sinks), waiting & reception area, nursing station, 2 provider offices, kitchenette / breakroom, two restrooms and large storage room located below the unit off the rear entrance. There is ample on-site parking which is shared in-common with the other professional offices in the complex plus covered parking on the west side of the building. The property offers a great central location within the Prescott market and monument signage along 12th Place.

Property profile
Verified
Property type Medical Office Space
Total area 2,000 SF
UPID US07-0034003
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
  • Horizon Dental Group Prescott Dental Office
  • AZ Crown Center Prescott Dental Office
  • Thomas Masters Physician
  • Sein George MD Physician
  • Todd Cox, DPM Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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