112 Whipple Street, Prescott, AZ 86301

$650,000

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List Price
$650,000
Year Built
1994
Acres
0.30
MLS#
1084634
Subdivision
Dameron Park Add
Lot Size
12,182

Property Description

Excellent investment opportunity to acquire a +/-2,719 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.

Additional Information

Total Garage
17
Construction
Frame, Stucco
Cooling
Central Air
Exterior Features
Handicap Access
Flooring
Carpet, Tile, Vinyl
Heating
Natural Gas
Interior Features
Ceiling Fan(s), Security/Alarm
REO/Short Sale
Not Applicable
Roof
Asphalt
Stories
1
Taxes
$3,885
Tax Year
2025
Zoning
MF-H

Mortgage Calculator

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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Arizona Commercial.

Listing data provided & © by (PAAR) Prescott Area Association of REALTORS®