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919 12th Pl

2,000 SF Office/Medical Condo Unit Offered at $871,744 CAD in Prescott, AZ 86305

Investment Highlights

  • Single Tenant NNN Investment Opportunity
  • National Medical Tenant
  • Very close proximity to YRMC hospital’s west campus
  • Medical Office Condo For Sale
  • New 3 Year Lease in Place with Options

Property Facts

Price $871,744 CAD
Unit Size 2,000 SF
No. Units 1
Total Building Size 24,492 SF
Property Type Office (Condo)
Property Subtype Medical
Sale Type Investment
Building Class B
Floors 1
Typical Floor Size 2,000 SF
Year Built 1984
Lot Size 0.06 AC
Parking Ratio 0.49/1,000 SF

1 Unit Available

Unit 12

Unit Size 2,000 SF
Price $871,744 CAD
Price Per SF $435.87 CAD
Condo Use Office/Medical
Sale Type Investment
Cap Rate 6.50%
NOI $56,663.36 CAD
APN/Parcel ID 115-11-012, 115-11-020
Sale Notes

Single Tenant NNN Medical Office Investment Opportunity. Offered at $615,000, the Going-in CAP Rate is 6.5%. 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.

Amenities

  • 24 Hour Access
  • Security System
  • Signage
  • Wheelchair Accessible
  • Air Conditioning

zoning

Zoning Code BG (Business General)
BG (Business General)
  • Listing ID: 30672613

  • Date on Market: 2024-01-16

  • Last Updated:

  • Address: 919 12th Pl, Prescott, AZ 86305

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