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24446843
24446844

412 Whipple St. Prescott, AZ 86301, Prescott, AZ 86301

TX
AZ BR637767000
Bellagio Executive Plaza
Listed by Bellagio Executive Plaza
$3,585,600
373 days on market
Updated 3 days ago

412 Whipple St. Prescott, AZ 86301

Details
Property Type Office
Sub Type Medical Office
Square Footage 5,976
Cap Rate 6.00%
NOI $215,136

Prime NNN Medical Investment | 6% CAP | Surgery Center

Marketing description

Prime NNN Medical Investment | 6% CAP | Surgery Center

Presenting a rare opportunity to acquire a fully built-out outpatient Surgery Center in a high-demand medical corridor—offered at a 6% 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: $3,585,600

  • 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 | 6% 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

  1. Stable 6% CAP Rate
    Secure long-term cash flow with a strong return on investment from day one.

  2. NNN Lease – Minimal Landlord Responsibility
    Tenant covers taxes, insurance, and maintenance, providing truly passive income.

  3. 10-Year Lease Term
    Long-term lease in place, reducing turnover risk and ensuring financial stability.

  4. Recession-Resistant Medical Sector
    Outpatient surgery centers are essential healthcare providers with consistent demand.

  5. Turnkey Surgical Facility
    Fully built-out with 6 exam rooms, ADA-compliant access, backup generator, and modern finishes—ready for continued operation.

  6. High Parking Ratio (4.56/1,000 SF)
    33 total spaces, including 6 ADA-compliant spots—exceeding standard medical requirements.

  7. Recently Renovated
    Property has been upgraded, reducing near-term capital expenditure for ownership.

  8. 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.

  9. High Visibility & Signage Opportunity
    Frontage on Whipple Street with monument signage available, increasing exposure and accessibility.

  10. Strong Real Estate Fundamentals
    Zoned Residential Office (RO) with excellent access, visibility, and long-term utility in a growing healthcare hub.

Listing Contacts

TX
AZ BR637767000
Bellagio Executive Plaza
Listed by Bellagio Executive Plaza

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$215,136.00
$17,928.00/mo

Valuation Metrics

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DSCR
6%
Cap Rate
6%
ROI

Map

Zoning

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SF-9 ResidentialSingle FamilySingle Family 9
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Last updated Jun 22, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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Additional Information

Name
Tinna Xie
License
BR637767000
Brokerage
Bellagio Real Estate
Brokerage Phone
480-323-6072
Title
Real Estate Agent
Brokerage Address
6908 East Thomas Road
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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