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112 Whipple St
Prescott, AZ 86301
Office Property For Sale
Executive Summary
Excellent investment opportunity to acquire a ±2,758 SF commercial property in Prescott, offered at $650,000. Located along high-traffic Whipple Street, the property is currently occupied by an established salon tenant under a NNN lease through 2034. The tenant is responsible for all property expenses, maintenance, and operating costs, providing the owner with minimal landlord responsibilities. The property generated $39,367 in NOI in 2025, reflecting a 6.05% CAP rate. With a long-term NNN lease in place and an established tenant, this property offers stable, income-producing potential in a high-visibility Prescott location.
Property Facts
Sale Type
Investment NNN
Property Type
Office
Property Subtype
Medical
Building Size
2,758 SF
Building Class
B
Year Built
1994
Price
$896,311 CAD
Price Per SF
$324.99 CAD
Cap Rate
6.06%
NOI
$54,285 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
2,758 SF
Building FAR
0.21
Lot Size
0.30 AC
Opportunity Zone
Yes
Zoning
MF-H
Property Taxes
| Parcel Number | 113-01-003C | Improvements Assessment | $899,878 CAD |
| Land Assessment | $206,382 CAD | Total Assessment | $1,106,260 CAD |
Property Taxes
Parcel Number
113-01-003C
Land Assessment
$206,382 CAD
Improvements Assessment
$899,878 CAD
Total Assessment
$1,106,260 CAD
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