2517 N Great Western Dr – Retail

Positioned just off State Route 69, this four-unit office/retail property presents an attractive investment opportunity in one of Prescott Valley’s established commercial corridors. This fully occupied property offers an approximately 7% cap rate, providing investors with an appealing combination of current income and long-term potential. The property benefits from high visibility, convenient highway access, and a strong surrounding mix of established service-oriented businesses. Its multi-tenant configuration provides flexibility and diversification, while the location offers excellent exposure to the continued growth of the Prescott Valley market. Prescott Valley continues to experience significant population and commercial growth and is projected to remain the largest municipality in Yavapai County. Regional economic activity has also remained strong, with Yavapai County retail sales reaching a reported $3.11 billion in 2025 and continued growth across the restaurant and hospitality sectors. For investors seeking an income-producing commercial property in a growing Northern Arizona market, this well-located office/retail asset offers an excellent opportunity to establish a presence in the Prescott Valley business community.

Location

This four-unit office/retail property sits just off State Route 69, anchored by a single tenant occupying 75% of the building, with one 1,575 sq ft suite ready to lease. Full occupancy puts this asset at a 7% cap rate — a strong return in a market that keeps delivering. High visibility, easy highway access, and a surrounding mix of established service businesses make this a low-risk, high-reward play in one of northern Arizona's most dynamic corridors. Prescott Valley isn't just growing — it's accelerating. The town is forecasted to add over 12,200 residents by 2040 and is projected to remain the largest municipality in Yavapai County. County retail sales reached a record $3.11 billion in 2025, and the restaurant and hospitality industries have posted record highs every year from 2021 through 2025. For investors, that kind of sustained momentum means one thing: reliable demand for commercial space.

Highlights

• 6,345 SF building

• Built in 2000

• Zoned CG PD (Commercial ; general sales and services) (Planned Development)

• Located in the Prescott area

Matthew Fish and Arizona Commercial Real Estate represent this offering. Please contact us for additional information or to arrange a tour.