For Sale
$615,000

919 12Th PlPrescott, AZ 86305

High-yield medical office investment.

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional 2,000-square-foot medical office condo in Prescott, Arizona, presents a compelling investment opportunity. Priced at $615,000, it boasts a 6.5% capitalization rate. Currently leased to Nimbus Health under a new three-year lease with two three-year options, each including a 4.0% annual rent increase, this NNN (Net, Net, Net) property ensures minimal landlord responsibilities. The property is ideally situated just off Willow Creek Road, approximately two blocks north of Dignity Health YRMC Hospital's west campus, within the Twelfth Place Medical Center. The well-appointed space features five private exam rooms (two with sinks), a waiting and reception area, a nursing station, two provider offices, a kitchenette/breakroom, two restrooms, and a large storage room accessible from a rear entrance. Ample on-site parking is available, including shared parking and covered parking on the building's west side. The property benefits from a central Prescott location and prominent monument signage along 12th Place. The property's APN is 115-11-012, 115-11-020. This turnkey investment offers a strong return and a stable tenant in a high-demand medical market.

Highlights

  • Medical Office Space Available for Lease
  • Five Private Exam Rooms
  • Excellent proximity to YRMC West Campus
  • Abundant On-Site Parking

Property Details for 919 12Th Pl

Property type
Office properties, Medical offices
Square Feet
2,000 SF

Location Insight

City
Prescott
County
Yavapai
State
Arizona
Latitude
34.5642715
Longitude
-112.4838392
919 12Th Pl, Prescott, Arizona

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919 12Th Pl
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