301 Whipple StreetPrescott, AZ 86301
Portfolio of two well located multi-tenant properties. Originally built for the current Seller, they are well constructed, well maintained. A mix of retail and office with a total of 5 tenants in 10,462 SF. Tenants are a fitness center, insurance, construction, interior design and photography studio. Both properties are in main traffic corridors with high visibility. Low rents with some short-term leases allow you to build income. Price per square foot is well below replacement cost. 301 Whipple Street, built in 2007, has three long-term tenants in a total of 5,626 SF. 1702 Willow Creek, built in 2003, includes an interior design studio and photography studio in 4,836 SF. Current 5.95% cap rate with low rents. Quality buildings with opportunity for income growth.
2 months ago | Listing updated with changes from the MLS® | |
2 months ago | Price changed to $2,050,000 | |
3 months ago | Listing first seen on site |
Listing courtesy of Invest Southwest
Listings on this page identified as belonging to another listing firm are based upon data obtained from the PAAR MLS, which data is copyrighted by the Prescott Area Association of REALTORS® but is not warranted. Data last updated: 2024-10-30 12:00 AM UTC
Did you know? You can invite friends and family to your search. They can join your search, rate and discuss listings with you.