2001 Excellence WayPrescott, AZ 86301

  • Healthcare properties
  • 4,714 SF
For Sale
$2,400,000 View listing

Property Details for 2001 Excellence Way

Year built
2009
Lot size
3.43 AC
Property size (Sq ft)
4,714 SF
Property type
Healthcare properties
Property subtype
Other office properties

Description

This exceptional two-story, 4,714 square foot Class A medical office building in Prescott, Arizona, presents a compelling investment opportunity. Located at 2001 Excellence Way, within the Centerpointe West Medical Center, this property boasts a prime location between Prescott, Prescott Valley, and Chino Valley, offering excellent visibility and signage. Built in 2009 and meticulously maintained, the building features two units, each with a longstanding tenant under a modified lease with 5.1 years remaining on a 10-year term (commencing January 1, 2020, and expiring January 1, 2030). The property enjoys 100% occupancy, generating a strong net operating income (NOI) of $89,176 and a 3.72% cap rate. The asking price is $2,400,000 ($509.12/sq ft and $1,200,000/unit). Ample parking is provided with 40 spaces. Situated on a 3.43-acre lot zoned IL - Industrial Light, this property offers significant expansion potential, allowing for the development of additional medical, retail, or office buildings. The property's attractive landscaping and central location make it an ideal investment for long-term growth and profitability. The Yavapai County APN is 102-06-210C.

2001 Excellence Way, Prescott, Arizona

Location Insight

City
Prescott
County
Yavapai
State
Arizona
Latitude
34.6298
Longitude
-112.423

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