What is the asking price for Fully Leased Retail Center Investment?

The lease rate for space here is Contact for pricing.

What type of property tenancy can you find at Fully Leased Retail Center Investment?

This property is listed as Multi-Tenant.

What is the total size of Fully Leased Retail Center Investment?

The property has a total square footage of 12,000 SF.

How many parking spaces are available at Fully Leased Retail Center Investment?

Parking information for the property isn't currently listed. However, other nearby parking options include Garage on Granite, located 0.52 miles away , and Granite Street Parking Garage, which is 0.52 miles away.

371 Garden Street, Prescott, AZ 86305

For Sale $2,750,000
Property Type Retail - Freestanding
Property Size 12,000 SF
Property Tenancy Multi-Tenant
Year Renovated 1999
Date Updated Sep 4, 2026

Description

The property has direct frontage and access off Miller Valley Road, a primary connector route through Prescott, with real traffic exposure and an established mix of retail and professional tenants nearby.This fully leased, five-tenant NNN investment is priced at a 6.5692% actual cap rate on current, in-place NOI of $180,653 — not pro forma. The ±20,000 SF building sits on 0.93 acres and is 100% occupied across five leases, largest suite at 6,000 SF, giving the rent roll diversification rather than reliance on a single tenant. On-site parking totals 49 spaces, a ratio of roughly 2.45 spaces per 1,000 SF. Rent roll, lease abstracts, and the current-year operating statement are available upon request with a signed NDA.