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18695300
18695301

1297 E Gurley St, Prescott, AZ 86303

SS
AZ BR102761000
Invest Southwest Commercial Real Estate
MK
AZ SA566847000
Invest Southwest Commercial Real Estate
Listed by Invest Southwest Commercial Real Estate
$1,979,000
728 days on market
Updated 16 days ago

Prescott Junction

Details
APN 114-06=001
Property Type Retail
Sub Type Convenience Store
Square Footage 5,392
Units 2
Cap Rate 1.99%
NOI $39,338
Occupancy 50%
Tenancy Single
Lease Type NN
Lease Term 5
Lease Expiration 08/28/2025
Remaining Term 1
Rent Bumps Yes
Lease Options 2 5-year
Year Built 1979
Buildings 2
Stories 1
Acreage 1.380
Zoning BG
Investment Type Redevelopment

Entrance to Prescott

Marketing description

For the first time on the market in nearly a century, this prime location at the entrance to Prescott is now available. Located at the interchange of State Route 89 and State Route 69 together with the Junction of Gurley Street and Sheldon Street, the major roads to and from Downtown Prescott come together here.

This is a tremendous location for a wide variety of the commercial and/or residential uses allowed in Business General zoning, including retail or multifamily.

The property consists of ±1.38 acres with 2 retail buildings. Koko Grill offers an income opportunity, lease to 8/28/25, two 5-year options with 3% annual escalations. The vacant 1,385 SF building, formerly Enterprise Rental Car, can be repurposed or redeveloped in conjunction with the excess land on this over-sized parcel.

Investment highlights

  • Entrance to Prescott

  • State Route 89/69 Junction

  • Heavy daily traffic

  • Corner location

  • 1.38 acres for development

Listing Contacts

SS
AZ BR102761000
Invest Southwest Commercial Real Estate
MK
AZ SA566847000
Invest Southwest Commercial Real Estate
Listed by Invest Southwest Commercial Real Estate

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$39,338.00
$3,278.17/mo

Valuation Metrics

0
DSCR
1.99%
Cap Rate
1.99%
ROI

Map

Zoning

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BG CommercialGeneral CommercialBusiness General
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View all 194 uses
View all 194 uses
Last updated Jun 22, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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