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Medical Single Tenant NNN Investment Opp 999 Division St 4,922 SF Office Building Prescott, AZ 86301 $1,695,000 ($344.37/SF)
Investment Highlights
- Owner-User Medical Office Building Available for Purchase
- High-Quality Interior Finishes with Efficient and Functional Layout
- Convenient On-Site Parking for Medical Staff and Patients
- Fully Built-Out, Turnkey Medical Office Improvements
- • Existing Tenant Lease in Place Through December 31, 2026
Executive Summary
Rare opportunity to acquire an owner-user medical office building located adjacent to the west campus of Dignity Health hospital in Prescott, Arizona. The property is offered at $1,695,000 ($344.37/sf) and consists of approximately 4,922 sf. The building is currently leased to Arizona Neurosurgery & Spine through 12-31-26, providing near-term income with future owner-user occupancy potential. Originally constructed in 1988, the property underwent a substantial renovation in 2015 and is in excellent condition with quality medical office improvements throughout. The functional floor plan includes approximately 4,000 sf on the main level featuring five exam rooms with sinks, three provider offices that can be converted into additional exam rooms, one large surgical procedure room, three surgical prep rooms, a separate patient entrance and lobby for surgical procedures, two nursing stations, a manager’s office, a spacious reception and waiting area, laundry room with stacked washer and dryer, two storage rooms, two restrooms, and a private outdoor patio area. The second floor consists of approximately 920 sf and provides additional administrative office space with a large open bullpen area, kitchen/breakroom with sink and built-in countertops, and a separate restroom (see attached floor plan). The property also includes 24 on-site parking spaces, providing convenient access for both staff and patients.
Property Facts
Sale Type
Investment or Owner User
Sale Condition
1031 Exchange
Property Type
Office
Property Subtype
Medical
Building Size
4,922 SF
Building Class
B
Year Built/Renovated
1988/2015
Price
$1,695,000
Price Per SF
$344.37
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
2,461 SF
Building FAR
0.36
Lot Size
0.31 AC
Opportunity Zone
Yes
Zoning
BG - Business General
Parking
12 Spaces (2.43 Spaces per 1,000 SF Leased)
Amenities
- Wheelchair Accessible
- Air Conditioning
1 1
Moderately walkable
60/100
Moderately drivable
70/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $597,383 | |
| Land Assessment | $151,054 | Total Assessment | $748,437 |
Property Taxes
Parcel Numbers
Land Assessment
$151,054
Improvements Assessment
$597,383
Total Assessment
$748,437
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Medical Single Tenant NNN Investment Opp | 999 Division St
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