412 WHIPPLE ST PRESCOTT, AZ 86301

Prescott, AZ

Office for Sale - $3,585,600 - 5,976 Sq. Ft.


Agent Info

Sarah Fortin

Property Info

CIMLS#1175122
Location
  412 WHIPPLE ST PRESCOTT, AZ 86301
  Prescott AZ 86301
UpdatedAugust 1st, 2025
TypeOffice
Price$3,585,600
Building5,976 Sq. Ft.

Property Description

Prime NNN Medical Investment | 6% CAP | Surgery Center

Presenting a rare opportunity to acquire a fully built-out outpatient Surgery Center in a high-demand medical corridor—offered at a 6% CAP rate with a secure 10-year NNN lease in place.

This ±5,976 SF Medical Office / Surgery Center is strategically located with direct frontage on Whipple St., offering monument signage and excellent visibility. Recently remodeled, the property features six exam rooms, ADA-compliant restrooms and ramps, and a backup generator, making it fully equipped for outpatient procedures.

Positioned on parcel 116-19-043A, zoned Residential Office (RO), the property sits on a well-maintained lot with 33 dedicated parking spaces (4.56/1,000 SF), including 6 handicap-accessible spots—exceeding typical medical parking ratios.

Property Highlights:

Price: $3,585,600

Building Size: ±5,976 SF

Zoning: RO – Residential Office

Parking: 33 Spaces (6 ADA, 4.56 per 1,000 SF)

Parcel: 116-19-043A

Lease Type: NNN | 10-Year Term | 6% CAP Rate

Fully operational surgery center with modern improvements

ADA accessible throughout

Backup generator included

Monument signage and Whipple St. visibility

Close to major medical hubs including Yavapai Regional Medical Center, Dignity Health, and Rocky Mountain Medical

This asset offers passive, long-term income backed by a high-quality tenant in a recession-resistant sector. Ideal for investors seeking a stable return and strong real estate fundamentals.

Investment Highlights

Stable 6% CAP Rate

Secure long-term cash flow with a strong return on investment from day one.

NNN Lease – Minimal Landlord Responsibility

Tenant covers taxes, insurance, and maintenance, providing truly passive income.

10-Year Lease Term

Long-term lease in place, reducing turnover risk and ensuring financial stability.

Recession-Resistant Medical Sector

Outpatient surgery centers are essential healthcare providers with consistent demand.

Turnkey Surgical Facility

Fully built-out with 6 exam rooms, ADA-compliant access, backup generator, and modern finishes—ready for continued operation.

High Parking Ratio (4.56/1,000 SF)

33 total spaces, including 6 ADA-compliant spots—exceeding standard medical requirements.

Recently Renovated

Property has been upgraded, reducing near-term capital expenditure for ownership.

Prime Location Near Major Medical Centers

Within close proximity to Yavapai Regional Medical Center, Dignity Health, and Rocky Mountain Medical—ideal for referrals and patient access.

High Visibility & Signage Opportunity

Frontage on Whipple Street with monument signage available, increasing exposure and accessibility.

Strong Real Estate Fundamentals

Zoned Residential Office (RO) with excellent access, visibility, and long-term utility in a growing healthcare hub.


Financials