Prescott Junction
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
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