919 12th Place, Unit #12, Prescott, AZ 86305

$575,000
Property Type: Commercial/Indstrial Square Footage: 2,000 Lot Size (sq. ft.): 1,307 Status: Active
Current Price: $575,000 List Date: 9/19/2024 Last Modified: 7/28/2025

Description

Single Tenant NNN Medical Office Investment Opportunity. Offered at $575,000, the Going-in CAP Rate is 7.17%. 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 CLICK More

Supplements: Single Tenant NNN Medical Office Investment Opportunity. Offered at $575,000, the Going-in CAP Rate is 7.17%. 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.

More Information MLS# 1060752

Contract/Address/Legal

List Price/SqFt: 288 Neighborhood: N/A Comm Type: Health Care REO/Short Sale: Not Applicable Zoning: BG Legal: LOT 12 PONDEROSA PROFESSIONAL PLAZA BOOK 23 PAGE 61

General Property Description

Aprx Acres: 0.03 Lot Size: 1140 Buildings: 1 Source of Measuremnt: County Assessor Parking Spaces: 12 Management: Owner Vac Rate %: 100 CAM $: 0 GRM: 0 CC & R: Yes CC & R Type: Subdivision CC & R Frequency: Quarterly Property Use: Vacant/Owner Users Construction Status: Existing Space Available: Yes Total Liveable SqFt: 2000 Year Built: 1990 Cap %: 7.17 Baths - Full: 1

Tax Info

Taxes: 1716 Tax Year: 2023

Remarks & Misc

Directions: Traveling North on Willow Creek Road, turn left/west onto 12th Place. Then turn left into Ponderosa Professional Plaza and look for Unit #12 which is located straight ahead as you enter the complex. The property is located approximately two blocks north of YRMC hospital West Campus just off Willow Creek Road. Remarks: Single Tenant NNN Medical Office Investment Opportunity. Offered at $575,000, the Going-in CAP Rate is 7.17%. 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 CLICK More

Building Type

Commercial Condo: 1 Medical/Dental: 1 Office - Building: 1

Construction

Frame - Wood: 1 Stucco: 1

Cooling

Ceiling Fan(s): 1 Gas Pack: 1

External Amenities

Handicap Access: 1 Paved Parking: 1

Flooring

Laminate: 1 Other: 1 See Remarks: 1

Heating

Natural Gas: 1

Records Available

Other - See Remarks: 1

Road Responsibility

City: 1 Paved: 1

Roof

Asphalt Shingle: 1

Bathrooms

ADA: 1 Interior: 1 Unisex: 1

Business Location

Business Park: 1 Office/Professional: 1

Terms & Conditions

1031 Exchange: 1 Conventional: 1 Lease/Purchase: 1

Commercial Amenities

Ceiling Ht. Under 12: 1

Utilities Installed

220: 1 Electricity: 1 Master Meter: 1 Natural Gas: 1 Security System: 1 Telephone: 1 Underground: 1 Water - City: 1 WWT - City Sewer: 1

Internal Amenities

Bathroom: 1 Fire/Smoke Detector: 1 Security/Alarm: 1

Parking

On-Site: 1 Storage: 1

ContractAddressLegal

Original List Price: 525000 Listing Date: 2023-11-28 Status: Active Listing Price: 575000 Street #: 919 Street Name: 12th Place, Unit #12 City/Township: Prescott State: AZ Zip Code: 86305 County: Yavapai Tax Parcel: 115-11-012 & 020

Property Features

Bathrooms: ADA; Interior; Unisex Building Type: Commercial Condo; Medical/Dental; Office - Building Business Location: Business Park; Office/Professional Commercial Amenities: Ceiling Ht. Under 12 Construction: Frame - Wood; Stucco Cooling: Ceiling Fan(s); Gas Pack External Amenities: Handicap Access; Paved Parking Flooring: Laminate; Other; See Remarks Heating: Natural Gas; Natural Gas Internal Amenities: Bathroom; Fire/Smoke Detector; Security/Alarm Parking: On-Site; Storage Records Available: Other - See Remarks Road Responsibility: Paved Roof: Asphalt Shingle Utilities Installed: 220; Electricity; Master Meter; Natural Gas; Security System; Telephone; Underground; Water - City; WWT - City Sewer
Listing Office: Better Homes And Gardens Real Estate Bloomtree Realty
Last Updated: July - 28 - 2025
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