999 Division Street, Prescott, AZ 86301
$1,695,000
Property Type:
Commercial/Indstrial
Square Footage:
4,922
Lot Size (sq. ft.):
12,197
Status:
Active
Current Price:
$1,695,000
List Date:
7/31/2025
Last Modified:
7/31/2025
Description
Rare Opportunity to purchase this Single Tenant, Medical Office Building, Net Leased Investment located adjacent to the Dignity Health hospital's west campus in Prescott AZ. Offered at $1,695,000, with a Going-in CAP Rate of 7.0% and annual CPI increases. This 4,922-sf medical office building is currently leased to Arizona Neurosurgery & Spine. The lease began on 1-1-22 and expires on 12-31-26. Originally built in 1988, the building has been recently renovated and is in excellent condition. The floor plan features +/-4,000 sf on the main level which includes 5 exam rooms with sinks, 3 provider offices which can be converted into additional exam rooms, 1 large surgical room, 3 surgical prep rooms, a separate lobby and entrance for surgical procedures, 2 nursing stations, a manager office,
More Information MLS# 1075310
Contract/Address/Legal
List Price/SqFt: 344
Neighborhood: N/A
Comm Type: Health Care
REO/Short Sale: Not Applicable
Zoning: BG
Zoning Description: Business General
Business Type: Medical & Surgical
Assessor's Book #: 116
Assessor's Map #: 19
Assessor's Parcel #: 3
Assessor Parcel Ltr: b
Legal: A RECT PCL IN THE SW4 THE SE COR LYING APPROX 1080'E & 1190'N FRO M THE SW COR SEC 28-14-2W CONT .28 AC
General Property Description
Aprx Acres: 0.28
Lot Size: 12,197
Buildings: 1
Source of Measuremnt: County Assessor
Stories: 2
Parking Spaces: 24
Management: Owner
Vac Rate %: 0
CAM $: 0
GRM: 0
CC & R Fees: 9844
Total Liveable SqFt: 4922
Year Built: 1992
NOI $: 118495
Cap %: 7
Baths - Full: 1
Tax Info
Taxes: 5000
Tax Year: 2024
Remarks & Misc
Directions: From Downtown Prescott, head north on Willow Creek Road. Turn Right just past the hospital onto Ainsworth Dr. Ainsworth turns into Division St. to the end of the street and the building will be on the left.
Remarks: Rare Opportunity to purchase this Single Tenant, Medical Office Building, Net Leased Investment located adjacent to the Dignity Health hospital's west campus in Prescott AZ. Offered at $1,695,000, with a Going-in CAP Rate of 7.0% and annual CPI increases. This 4,922-sf medical office building is currently leased to Arizona Neurosurgery & Spine. The lease began on 1-1-22 and expires on 12-31-26. Originally built in 1988, the building has been recently renovated and is in excellent condition. The floor plan features +/-4,000 sf on the main level which includes 5 exam rooms with sinks, 3 provider offices which can be converted into additional exam rooms, 1 large surgical room, 3 surgical prep rooms, a separate lobby and entrance for surgical procedures, 2 nursing stations, a manager office,
Building Type
Medical/Dental: 1
Construction
Frame - Wood: 1
Stucco: 1
Cooling
Gas Pack: 1
Room A/C: 1
External Amenities
Fence: 1
Handicap Access: 1
Landscaped: 1
Paved Parking: 1
Flooring
Carpet: 1
Laminate: 1
Heating
Natural Gas: 1
Records Available
Other - See Remarks: 1
Road Responsibility
City: 1
City Maintained Road: 1
Paved: 1
Roof
Rolled/Hot Mop: 1
Tile: 1
Bathrooms
ADA: 1
Interior: 1
Separate M and W: 1
Unisex: 1
Business Location
Freestanding Bldg: 1
Office/Professional: 1
Terms & Conditions
Conventional: 1
Commercial Amenities
Ceiling Ht. Under 12: 1
Utilities Installed
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
Security/Alarm: 1
Other - See Remarks: 1
Parking
On-Site: 1
ContractAddressLegal
Original List Price: 16950000
Listing Date: 2025-07-30
Status: Active
Listing Price: 1695000
Street #: 999
Street Name: Division
St Suffix: Street
City/Township: Prescott
State: AZ
Zip Code: 86301
County: Yavapai
Tax Parcel: 116-19-003b
Property Features
Bathrooms: ADA; Interior; Separate M and W; Unisex
Building Type: Medical/Dental
Business Location: Freestanding Bldg; Office/Professional
Commercial Amenities: Ceiling Ht. Under 12
Construction: Frame - Wood; Stucco
Cooling: Gas Pack; Room A/C
External Amenities: Fence; Handicap Access; Landscaped; Paved Parking
Flooring: Carpet; Laminate
Heating: Natural Gas; Natural Gas
Internal Amenities: Bathroom; Security/Alarm; Other - See Remarks
Parking: On-Site
Records Available: Other - See Remarks
Road Responsibility: City Maintained Road; Paved
Roof: Rolled/Hot Mop; Tile
Utilities Installed: 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 - 31 - 2025
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