412 Whipple St. Prescott, AZ 86301
Prime NNN Medical Investment | 7% CAP | Surgery Center
Marketing description
10-YEAR CORPORATE-GUARANTEED CASH FLOW AT A 7% CAP RATE
Presenting a rare opportunity to acquire a fully built-out outpatient Surgery Center in a high-demand medical corridor—offered at a 7% CAP rate with a secure 10-year NNN lease in place. This ±5,976 SF Medical Office / Surgery Center is strategically located with direct frontage on Whipple St., offering monument signage and excellent visibility. Recently remodeled, the property features six exam rooms, ADA-compliant restrooms and ramps, and a backup generator, making it fully equipped for outpatient procedures.
Positioned on parcel 116-19-043A, zoned Residential Office (RO), the property sits on a well-maintained lot with 33 dedicated parking spaces (4.56/1,000 SF), including 6 handicap-accessible spots—exceeding typical medical parking ratios.
Property Highlights:
- Price: $3,415,000
- Building Size: ±5,976 SF
- Zoning: RO – Residential Office
- Parking: 33 Spaces (6 ADA, 4.56 per 1,000 SF)
- Parcel: 116-19-043A
- Lease Type: NNN | 10-Year Term | 7% CAP Rate
- Fully operational surgery center with modern improvements
- ADA accessible throughout
- Backup generator included
- Monument signage and Whipple St. visibility
- Close to major medical hubs including Yavapai Regional Medical Center, Dignity Health, and Rocky Mountain Medical
This asset offers passive, long-term income backed by a high-quality tenant in a recession-resistant sector. Ideal for investors seeking a stable return and strong real estate fundamentals.
📞 Call 480-323-6072 today to learn more!
Investment highlights
Stable 7% CAP Rate
- Secure long-term cash flow with a strong return on investment from day one.
NNN Lease – Minimal Landlord Responsibility
- Tenant covers taxes, insurance, and maintenance, providing truly passive income.
10-Year Lease Term
- Long-term lease in place, reducing turnover risk and ensuring financial stability.
Recession-Resistant Medical Sector
- Outpatient surgery centers are essential healthcare providers with consistent demand.
Turnkey Surgical Facility
- Fully built-out with 6 exam rooms, ADA-compliant access, backup generator, and modern finishes—ready for continued operation.
High Parking Ratio (4.56/1,000 SF)
- 33 total spaces, including 6 ADA-compliant spots—exceeding standard medical requirements.
Recently Renovated
- Property has been upgraded, reducing near-term capital expenditure for ownership.
Prime Location Near Major Medical Centers
- Within close proximity to Yavapai Regional Medical Center, Dignity Health, and Rocky Mountain Medical—ideal for referrals and patient access.
High Visibility & Signage Opportunity
- Frontage on Whipple Street with monument signage available, increasing exposure and accessibility.
Strong Real Estate Fundamentals
- Zoned Residential Office (RO) with excellent access, visibility, and long-term utility in a growing healthcare hub.
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