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 | |
Updated | August 1st, 2025 |
Type | Office |
Price | $3,585,600 |
Building | 5,976 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.