5,088 sqft

$1,750,000

711 Whipple Street, Prescott AZ, 86301

Price per sqft$343.95

Built in1986

Property size5,088 sqft

Property typeCommercial

Courtesy of Arizona Commercial, Abigail Chartier Listing Contact:

Overview

Active

Listed Sep 28, 2026

Updated 16h ago

711 Whipple Street presents a compelling multi-tenant investment opportunity or owner user property in Prescott, offered at $1,750,000. The property features five individual units, providing flexibility for investors, owner-users, or future repositioning. Recent capital improvements include a new roof completed in 2025 and new HVAC in 2024, reducing near-term capital needs. Four of the five existing leases expire at the end of the year, creating an opportunity for a buyer to renew tenants, adjust lease terms and rental rates, reposition the tenant mix, or occupy a portion of the property. Pro forma financials project an NOI of $127,200 at $25.00 per square foot NNN, representing a 7.26% capitalization rate at the asking price. Ideally located along the established Whipple Street commercial corridor with convenient access to neighboring Dignity Health and surrounding businesses, medical offices, and residential neighborhoods.

Additional information

MLS^® ID: 1085356

Interior Features

Cooling: Yes
Heating: Yes
Basement: No

Exterior Features

Lot Size: 0.62 Acres

Other Property Details

Taxes: $6,866
Tax Frequency: Annually

Courtesy of Arizona Commercial, Abigail Chartier

Listing Contact:

Listings courtesy of Prescott Area Association of Realtors as distributed by MLS GRID

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Based on information submitted to the MLS GRID as of 3:12 AM UTC on 10/1/2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.