223 White Spar Road, Prescott, AZ 86303
$780,000
Property Type:
Commercial/Indstrial
Baths:
3
Square Footage:
3,601
Lot Size (sq. ft.):
8,276
Status:
Active
Current Price:
$780,000
List Date:
10/07/2025
Last Modified:
10/07/2025
Description
This quality commercial office building is located along the high traffic corridor of White Spar Rd with excellent visibility. Suite A, ±2413 sf, has a long term tenant who recently signed a new ten year NNN lease with increases. Two lower suites are available for a total of ±1188 sf, perfect for an owner user or income. Based on 2026 proforma rents this investment will return a 7.08% cap rate fully leased. Property recently had exterior paint as well as paint and flooring of Suites B & C. Property has 11 onsite spaces which were recently restriped. Nice investment opportunity near downtown Prescott.
More Information MLS# 1077021
ContractAddressLegal
Original List Price: 780000
Listing Date: 2025-10-03
Status: Active
Listing Price: 780000
Street #: 223
Street Name: White Spar
St Suffix: Road
City/Township: Prescott
State: AZ
Zip Code: 86303
Subdivision: None
County: Yavapai
Tax Parcel: 109-15-011c
General Property Description
Lot Size: 8,276
Aprx Acres: 0.19
Buildings: 1
Total Liveable SqFt: 3601
Source of Measuremnt: County Assessor
Stories: 2
Parking Spaces: 11
Year Built: 1992
Management: Owner
Vac Rate %: 33
NOI $: 55250
Cap %: 7.08
CAM $: 5.87
Baths - Full: 3
Property Use: Investment Prop
Construction Status: Existing
Max Contgs/Bldg Sz: 1188
Space Available: Yes
Date Available: 2025-10-03
Total Bathrooms: 3
Suite #: A,B,C
CC & R: No
Tax Info
Taxes: 4853
Tax Year: 2025
Property Features
Bathrooms: ADA; Exterior; Interior
Building Type: 2-4 Units; Office - Building
Business Location: Freestanding Bldg; Office/Professional
Commercial Amenities: Ceiling Ht. Under 12
Construction: Frame - Wood; Stucco
Cooling: Central Air; Heat Pump
External Amenities: Landscaped; Paved Parking
Flooring: Carpet; Tile; Wood
Heating: Electric; Heat Pump
Internal Amenities: Bathroom; Fire/Smoke Detector; Security/Alarm
Parking: On-Site; Street Parking
Records Available: Other - See Remarks
Road Responsibility: City Maintained Road; Paved
Roof: Asphalt Shingle
Utilities Installed: 220; Electricity; Master Meter; Security System; Telephone; Underground; Water - City; WWT - City Sewer
Listing Office: Invest Southwest
Last Updated: October - 07 - 2025
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