999 Division St Prescott, AZ 86301

This exceptional investment opportunity presents a single-tenant, net-leased medical office building in Prescott, Arizona. Priced at $1,820,000, this property boasts a compelling 6.5% cap rate with annual CPI increases. The 4,922-square-foot building, constructed in 1988 and recently renovated, is situated adjacent to Dignity Health hospital's west campus, ensuring high visibility and convenient access. Currently leased to Arizona Neurosurgery & Spine, the lease commenced January 1, 2022, and expires December 31, 2026. The main level (approximately 4,000 square feet) comprises five exam rooms with sinks, three provider offices (convertible to exam rooms), a large surgical room, three surgical prep rooms, a separate surgical lobby and entrance, two nursing stations, a manager's office, a spacious waiting room with reception, a laundry room, two storage rooms, two restrooms, and a private patio. The second floor (approximately 920 square feet) offers additional office space in an open bullpen layout, a kitchen/breakroom, and a restroom. The property includes 24 on-site parking spaces. The tenant currently occupies only the first floor; the second floor is available for lease or owner use. This property offers a strong return on investment with potential for future growth. The APN is 116-19-003B & 003D. Located at 999 Division St, Prescott, AZ 86301.