371 Garden St – 12,000 SF Retail

This fully leased, five-tenant NNN investment is priced at a 6.5692% actual cap rate on current, in-place NOI of $180,653 — not pro forma. The ±12,000 SF building sits on 0.93 acres and is 100% occupied across five leases, largest suite at 6,000 SF, giving the rent roll diversification rather than reliance on a single tenant. On-site parking totals 49 spaces, a ratio of roughly 2.45 spaces per 1,000 SF. Rent roll, lease abstracts, and the current-year operating statement are available upon request with a signed NDA.

Location

The property has direct frontage and access off Miller Valley Road, a primary connector route through Prescott, with real traffic exposure and an established mix of retail and professional tenants nearby.

Highlights

• 12,000 SF building

• Built in 1999

• Prime Prescott location

• 100% occupancy

• High visibility

• Strong retail demand

• Proven income generator

• Attractive storefronts

• Well-maintained property

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