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919 12th Pl
Prescott, AZ 86305

$615,000 USD

Medical Condo For Sale  •  2,000 SF

Property Details

  • Property Type Medical
  • Total Building Size 24,492 SF
  • Lot Size 0.06 AC
  • Building Class B
  • Year Built 1984
  • Tenancy Multiple
  • Zoning BG
0 Transit Score
54 Walk Score

1 Unit Available

Name Condo Use Size Price Details
1st Floor - Unit 12 Medical Office 2,000 SF $615,000 USD
  • Unit Size: 2,000 SF
  • Condo Use: Medical Office
  • Price: $615,000 USD
  • Sale Type: Investment
  • Price/SF: $307.50 USD
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.

Description

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.

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

Amenities

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

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 12
Type: Surface
Included in Rent: Yes
Raymond Zogob 928-443-0766 BHGRE BloomTree Realty
Raymond Zogob 928-443-0766 BHGRE BloomTree Realty