919 12th Pl - Medical CONDO FOR SALE


Prescott, AZ 86305
$615,000 USD
928-443-0766
919 12th Pl, Prescott, AZ for Sale
$615,000 USD
Medical CONDO - FOR SALE
1/28
null | 6.5% Cap Rate

919 12th Pl
Prescott, AZ 86305


HIGHLIGHTS

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

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$615,000 USD

PRICE/SF

$308 USD /SF

CAP RATE

6.5%

# OF UNITS

1

CONDO SIZE

-

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

24,492 SF

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1984

SPRINKLERS

-

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.06 AC

LAND SF

2,500 SF

ZONING

BG

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Raymond ZogobBHGRE BloomTree RealtyMore Info
928-443-0766

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Raymond ZogobBHGRE BloomTree RealtyMore Info
928-443-0766

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.