3205 Lakeside, Prescott, AZ 86301
sale
$5,437,519
|
Office
Courtesy Of Arizona Property Brokerage
This exceptional three-building office portfolio represents one of Prescott's premier investment opportunities, combining institutional-quality tenancy with irreplaceable real estate in one of the city's most desirable professional office corridors. Encompassing 22,395 square feet across three architecturally cohesive buildings constructed in 2007, 2014, and 2018, the portfolio reflects a level of design, craftsmanship, and quality construction that continues to distinguish it from competing office properties. Thoughtfully designed with timeless architecture, attractive landscaping, and abundant parking, the campus projects a professional image befitting a corporate headquarters.The investment is anchored by HOAMCO, one of the Southwest's most respected community association management firms. Founded in 1991, the company has spent more than 35 years building an exceptional reputation throughout the western United States. Prescott serves as the company's corporate headquarters, with its executive leadership and key operational staff occupying the majority of the campus. This is far more than a satellite office--it is the operational heart of the organization, creating significant long-term commitment to the location.HOAMCO's acquisition by Community Management Holdings, a platform backed by Charlesbank Capital Partners, dramatically enhanced the company's financial strength and long-term stability. The transaction transformed an already established regional market leader into part of a well-capitalized national organization, providing investors with the confidence of institutional ownership supporting an enduring local brand. The combination of a deeply rooted company, an irreplaceable headquarters location, and significantly strengthened financial backing creates an unusually compelling credit profile.Beyond the tenancy, the underlying real estate continues to benefit from Prescott's expanding commercial growth. Lakeside Village Drive has become one of the city's premier business corridors, and the immediate area is experiencing continued development momentum, including multiple new commercial buildings currently under construction adjacent to the property. Positioned in the direct path of growth, the portfolio stands to benefit from increasing business activity, expanding employment, and continued demand for high-quality office space.Offered as a fully leased investment with NNN leases and annual rental escalations, the portfolio provides stable, predictable cash flow while offering ownership of a premier corporate headquarters campus in one of Northern Arizona's strongest office markets. Opportunities to acquire assets of this quality--featuring exceptional construction, a credit tenant with institutional financial backing, and a location poised for continued growth--are exceedingly rare.
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Property Features
- Age: 11-20 Years Old
- Amenities: Disabled Access
- Amenities: Security System
- Building Units: 3
- Cooling System: Central Air
- Exterior Type: Frame
- Floor Covering: Vinyl
- Floor Covering: Laminate
- Floor Covering: Tile
- Floor Covering: Carpet
- Floors: 2
- Heating System: Electric (Heating)
- Heating System: Zoned
- Heating System: Heat Pump (Heating)
- Heating System: Natural Gas
- Legal Description: RESERVE AT WILLOW HILLS COMMERCE CENTER SECOND REPLAT LOT B16A C ONTAINS .28 ACRES SECTION 15 TOWNSHIP 14N RANGE 2 WEST
- MLSID: 1083586
- Parking Spaces: 90
- Roof Type: Tile
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