2245 E. State Route 69 presents an opportunity to acquire a fully leased commercial asset positioned along one of Prescott’s most visible commercial corridors. The property benefits from direct frontage on State Route 69, providing significant exposure within a retail and service-oriented trade area that includes the Prescott Mall and numerous national and regional businesses. Its location within the growing Quad Cities market places the asset near major population centers, healthcare facilities, educational institutions, and expanding commercial development activity.
The property is leased through 2031 under a corporate-guaranteed lease structure, offering investors an established income stream while preserving future flexibility. The building is configured with three commercial suites and an additional residential unit, creating a diversified layout that supports multiple occupancy and operational scenarios. Ample on-site parking and Business Regional (BR) zoning further enhance the property's long-term utility and adaptability.
Beyond its current income-producing profile, the asset offers future repositioning potential. Planned development activity in the immediate area, including new commercial construction to the north, is expected to further strengthen visibility and corridor activity. Investors may benefit from a hold-and-collect strategy while evaluating future redevelopment, owner-user occupancy, or alternative commercial uses permitted under the property's zoning designation.
The combination of stable tenancy, high-visibility frontage, flexible configuration, and location within one of Northern Arizona’s most established commercial corridors positions this property as an attractive opportunity for investors seeking current income with future value-creation potential.