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This quality commercial office building is located along the high traffic corridor of White Spar Rd with excellent visibility. Suite A, +/-2413 sf, has a long term tenant who recently signed a new ten year NNN lease with increases. Two lower suites are available for a total of +/-1188 sf, perfect for an owner user or income. Based on 2026 proforma rents this investment will return a 7.08% cap rate fully leased. Property recently had exterior paint as well as paint and flooring of Suites B & C. Property has 11 onsite spaces which were recently restriped. Nice investment opportunity near downtown Prescott.
Features
Age: 31-40 Years Old
Amenities: Security System
Architecture Style: Other
Building Units: 3
Cooling System: Heat Pump
Cooling System: Central Air
Exterior Type: Stucco
Exterior Type: Frame
Floor Covering: Wood
Floor Covering: Tile
Floor Covering: Carpet
Heating System: Electric (Heating)
Heating System: Heat Pump (Heating)
Legal Description: TRAPPMAN ADDN ERLY PTN OF LOTS 22 & 23 & W2 OF ABANDONED ALLEY LY ING ALONG E SIDE OF LOTS 22 & 23 BLK 1