

919 12th Place Unit #12
Medical, SIngle Tenant, NNN Investment Opportunity
Marketing description
Single Tenant NNN Medical Office Investment Opportunity. Offered at $575,000, the Going-in CAP Rate is 7.17%. This 2,000 sf medical office condo has recently been leased to Nimbus Health with a new 3 year lease in place with two 3-year lease options at 4.0% annual increases. The property is located just off Willow Creek Road approximately two blocks north of Dignity Health YRMC Hospital west campus within the Twelfth Place Medical Center. The office space consists of 5 private exam rooms (2 with sinks), waiting & reception area, nursing station, 2 provider offices, kitchenette / breakroom, two restrooms and large storage room located below the unit off the rear entrance. There is ample on-site parking which is shared in-common with the other professional offices in the complex plus covered parking on the west side of the building. The property offers a great central location within the Prescott market and monument signage along 12th Place.
Investment highlights
- Medical Office Space For Lease
- Five Private Exam Rooms
- Very close proximity to YRMC hospital’s west campus
- Ample On-Site Parking
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