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.
- Age: 31-40 Years Old
- Amenities: Ceiling Fan
- Amenities: Disabled Access
- Amenities: Security System
- Building Units: 1
- Cooling System: Central Air
- Exterior Type: Frame
- Exterior Type: Stucco
- Floor Covering: Vinyl
- Floor Covering: Tile
- Floor Covering: Carpet
- Floors: 1
- Heating System: Natural Gas
- Legal Description: DAMERON PARK ADDITON BLK 4 PTN LOTS 2 4 6 THE NW COR LOT 2 BEING THE NW COR LOT 2 SEC 33-14-2W
- MLSID: 1084634
- Parking Spaces: 17
- Roof Type: Asphalt