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2517 N Great Western Dr
Prescott Valley, AZ 86314
Retail Property For Sale

Executive Summary

Property Description
Full occupancy puts this asset at a 7% cap rate — a strong return in a market that keeps delivering. High visibility, easy highway access, and a surrounding mix of established service businesses make this a low-risk, high-reward play in one of northern Arizona's most dynamic corridors. Prescott Valley isn't just growing — it's accelerating. The town is forecasted to add over 12,200 residents by 2040 and is projected to remain the largest municipality in Yavapai County. County retail sales reached a record $3.11 billion in 2025, and the restaurant and hospitality industries have posted record highs every year from 2021 through 2025. For investors, that kind of sustained momentum means one thing: reliable demand for commercial space.
Location Description
This four-unit office/retail property sits just off State Route 69, anchored by a single tenant occupying 75% of the building, with one 1,575 sq ft suite ready to lease. Full occupancy puts this asset at a 7% cap rate — a strong return in a market that keeps delivering. High visibility, easy highway access, and a surrounding mix of established service businesses make this a low-risk, high-reward play in one of northern Arizona's most dynamic corridors. Prescott Valley isn't just growing — it's accelerating. The town is forecasted to add over 12,200 residents by 2040 and is projected to remain the largest municipality in Yavapai County. County retail sales reached a record $3.11 billion in 2025, and the restaurant and hospitality industries have posted record highs every year from 2021 through 2025. For investors, that kind of sustained momentum means one thing: reliable demand for commercial space.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
6,345 SF
Building Class
B
Year Built
2000
Price
$1,365,000
Price Per SF
$215.13
Cap Rate
7%
NOI
$95,550
Percent Leased
75%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.25
Lot Size
0.58 AC
Zoning
C-2/PAD - Commercial
Parking
18 Spaces (2.83 Spaces per 1,000 SF Leased)

Property Taxes

Property Taxes

Parcel Number
103-09-244B
Land Assessment
$265,264
Improvements Assessment
$668,872
Total Assessment
$934,136
  • Listing ID: 40680526

  • Date on Market: 5/27/2026

  • Last Updated:

  • Address: 2517 N Great Western Dr, Prescott Valley, AZ 86314

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