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Realty ONE Group Mountain Desert
112 Whipple Street, Prescott, AZ 86301
- $650,000
- List Price
- $650,000
- Status
- ACTIVE UNDER CONTRACT
- MLS#
- 1084634
- City
- Prescott
- Lot Size
- 12,182
- Subdivision
- Dameron Park Add
- Year Built
- 1994
- Type
- Office
Property Description
Excellent investment opportunity to acquire a +/-2,758 SF commercial property in Prescott, offered at $650,000. Located along high-traffic Whipple Street, the property is currently occupied by an established salon tenant under a NNN lease through 2034. The tenant is responsible for a portion of the property expenses, maintenance, and operating costs, providing the owner with minimal landlord responsibilities. The property generated $39,367 in NOI in 2025, reflecting a 6.05% CAP rate. With a long-term NNN lease in place and an established tenant, this property offers stable, income-producing potential in a high-visibility Prescott location.
Additional Information
- Acres
- 0.30
- Construction
- Frame, Stucco
- Cooling
- Central Air
- Exterior Features
- Handicap Access
- Flooring
- Carpet, Tile, Vinyl
- Heating
- Natural Gas
- Lot Size
- 12,182
- Parking Features
- Paved, On Site
- Lot Features
- Landscaped
- Stories
- 1
- Subdivision
- Dameron Park Add
- Taxes
- $3,885
- Tax Year
- 2025
- Utilities
- Electricity Available, Natural Gas Available, Phone Available, WWT - City Sewer
- Water
- Public, Private
- Zoning
- MF-H
Courtesy of Arizona Commercial.
Listing data provided & © by (PAAR) Prescott Area Association of REALTORS®