Skip To Content

3120 Clearwater Drive

Prescott, AZ 86305
  • $1,400,000
  • STATUS: Active
  • ON SITE: 89 Days
  • ID#: 1063042
UPDATED: 88 min ago
$1,400,000
  • 0
    BEDS
  • 0.7
    ACRES
  • 1
    BATHS
  • 0
    1/2 BATHS
  • 4,469
    SQFT
  • $313
    $/SQFT
Type:
Commercial
Built:
2003
County:
Area:

School Ratings & Info

Description

Rare Opportunity to purchase this Credit Single Tenant, Medical Office, NNN Leased Investment located within the Crossings commercial subdivision in Prescott AZ. Offered at $1,400,000, the Going-in CAP Rate is 6.77% with a five-year average of 7.14%. This 4,493-sf, single story, medical office building has been leased by Dignity Health/YRMC since 2012. The current lease expires on 3-31-26; however, Dignity Health has one 5-year lease option remaining at 3.0% annual increases with a 12-month written notice by Tenant. Originally built in 2003, the building is in excellent condition and features 12 exam rooms, 2 nurse stations, business office bullpen, manager office, large waiting room, reception desk, a kitchen/break room, 3 storage rooms, 4 restrooms and a private outside patio area (see

Monthly Payment Calculator



© 2024 Prescott Area Association of Realtors, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Shelly Watne Group. Data last updated: 2024-06-24T10:50:40.147.
www.shellywatne.com/homes/148925228
Print Image

3120 Clearwater Drive Prescott, AZ 86305

  • Price: $1,400,000
  • Status: Active
  • On Site: 89 Days
  • Updated: 88 min ago
  • ID#: 1063042
0
Beds
1
Baths
0
½ Baths
0.7
Acres
4,469
SQFT
$313
$/SQFT
2003
Built
County:
Yavapai
Area:
Prescott
Property Description
Rare Opportunity to purchase this Credit Single Tenant, Medical Office, NNN Leased Investment located within the Crossings commercial subdivision in Prescott AZ. Offered at $1,400,000, the Going-in CAP Rate is 6.77% with a five-year average of 7.14%. This 4,493-sf, single story, medical office building has been leased by Dignity Health/YRMC since 2012. The current lease expires on 3-31-26; however, Dignity Health has one 5-year lease option remaining at 3.0% annual increases with a 12-month written notice by Tenant. Originally built in 2003, the building is in excellent condition and features 12 exam rooms, 2 nurse stations, business office bullpen, manager office, large waiting room, reception desk, a kitchen/break room, 3 storage rooms, 4 restrooms and a private outside patio area (see
Exterior Features

Construction Materials Wood FrameStucco Exterior Features Drip SystemHandicap AccessLandscapedPaved Parking Parking Features On-SiteStreet Parking Parking Total 40 Roof Tile

Interior Features

Cooling Gas Pack Flooring TileVinyl Heating Natural Gas Interior Features BathroomFire/Smoke DetectorSecurity/Alarm

Property Features

Additional Parcels YN No Building Type Medical/DentalOffice - Building Common Area Maintenance 0.00 Home Warranty YN No Property Sub Type Health Care Institutions Reo Short Sale Not Applicable Tax Annual Amount 9260 Tax Year 2023 Terms Conditions CashSubmit Utilities Electricity On-SiteMaster MetersNatural Gas On-SiteTelephone On-SiteWater - CityWWT - City Sewer Zoning BG PAD

Listing information © 2024 Prescott Area Association of Realtors, Inc.
Listing provided by Raymond G. Zogob of Better Homes And Gardens Real Estate Bloomtree Realty: (928) 443-8800.


© 2024 Prescott Area Association of Realtors, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Shelly Watne Group. Data last updated: 2024-06-24T10:50:40.147.
 
https://bt-photos.global.ssl.fastly.net/prescott/orig_boomver_1_1063042-2.jpg https://bt-photos.global.ssl.fastly.net/prescott/orig_boomver_1_1063042-2.jpg https://bt-photos.global.ssl.fastly.net/prescott/orig_boomver_1_1063042-2.jpg
Logo
The Shelly Watne Group
11672 E Manzanita Trail
Dewey AZ, 86327