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3600 Ranch Dr
11,687 SF Retail Building Prescott, AZ 86303 $2,100,000 USD ($180 USD/SF) 10.31% Cap Rate
Investment Highlights
- Hwy 69 frontage, minutes away from 5 major shopping malls and downtown Prescott.
- Plans available for medical buildout.
- Open floorplan, was used as a gym since new in 2000. Mezzanine can be used for office space
Executive Summary
High traffic location! Currently configured for 47 parking spaces but can be redesigned for 62. Was formerly used as gym. Open floor plan makes it easier for renovation to possible medical? Has mezzanine that can be easily converted into office space. Medical buildout plans available upon request.
Also available for lease
Close to 5 major shopping malls that include Dillards, JC Penny, TJ Max, Sprouts, plus Costco, Walmart, Trader Joe’s, Home Depot.
Prescott’s 5,100’ elevation consistently draws people from Phoenix to escape the 100 degree heat and in the winter time Prescott is Arizona’s Christmas city.
Low unemployment rate and solid job growth continue to be the draw to the Prescott area and puts it in the top 5 places for businesses according to MONEY MAGAZINE.
Also available for lease
Close to 5 major shopping malls that include Dillards, JC Penny, TJ Max, Sprouts, plus Costco, Walmart, Trader Joe’s, Home Depot.
Prescott’s 5,100’ elevation consistently draws people from Phoenix to escape the 100 degree heat and in the winter time Prescott is Arizona’s Christmas city.
Low unemployment rate and solid job growth continue to be the draw to the Prescott area and puts it in the top 5 places for businesses according to MONEY MAGAZINE.
Financial Summary (Pro forma - 2024) Click Here to Access |
Annual (USD) | Annual Per SF (USD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Pro forma - 2024) Click Here to Access
| Gross Rental Income (USD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (USD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss (USD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income (USD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (USD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses (USD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses (USD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (USD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
11,687 SF
Building Class
B
Year Built
2000
Price
$2,100,000 USD
Price Per SF
$180 USD
Cap Rate
10.31%
NOI
$216,510 USD
Tenancy
Single
Building Height
2 Stories
Building FAR
0.25
Lot Size
1.08 AC
Zoning
BG - Business Regional
Parking
53 Spaces (4.53 Spaces per 1,000 SF Leased)
Frontage
224 FT on Ranch Drive
Amenities
- Air Conditioning
Space Availability
- Space
- Size
- Space Use
- Position
- Available
- 1st Floor
- 11,687 SF
- Retail
- Outparcel
- Now
| Space | Size | Space Use | Position | Available |
| 1st Floor | 11,687 SF | Retail | Outparcel | Now |
1st Floor
| Size |
| 11,687 SF |
| Space Use |
| Retail |
| Position |
| Outparcel |
| Available |
| Now |
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 103-49-003 | Total Assessment | $2,259,956 USD |
| Land Assessment | $427,399 USD | Annual Taxes | ($1) USD ($0.00 USD/SF) |
| Improvements Assessment | $1,832,557 USD | Tax Year | 2024 |
PROPERTY TAXES
Parcel Number
103-49-003
Land Assessment
$427,399 USD
Improvements Assessment
$1,832,557 USD
Total Assessment
$2,259,956 USD
Annual Taxes
($1) USD ($0.00 USD/SF)
Tax Year
2024
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3600 Ranch Dr
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3600 Ranch Dr
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