• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
  • Market
  • Leasing
  • Education
  • Video
  • Tenants
  • Retail
  • Trends
  • Investment

CommercialWebPage

Commercial Real Estate Prescott Arizona

  • About
  • Featured
  • Management
  • Tenants
  • Documents
  • Videos
  • Contact

az

Retail Tragedy and Triumph

March 5, 2016 By Donald Teel Leave a Comment

Prescott retail commercial real estateNo, the dark moments of 2008 are not yet behind us. The Prescott and Prescott Valley, Arizona retail markets appear to be booming…emphasis on “appear.”

Looks can be, and often are, deceiving. Our local retail shopping centers we may be repeating history by overbuilding in a flat market that cannot sustain the economic demands of retailers.

Hearing the Giant Sucking Sound

Prescott and Prescott Valley are now two distinct retail markets with minimal consumer crossover. Frontier Village was Yavapai County’s first major retail mall. Prior to its development consumers shopped at what was then called “Ponderosa Plaza” located on Gail Gardner Way between Willow Creek Road and Iron Springs Road. At this point in retail history, Prescott Valley was still in a state of retail infancy.

As a result of the housing boom [Read more…] about Retail Tragedy and Triumph

Filed Under: Centers, Prescott, Retail, Tenants, Trends Tagged With: arizona, az, ecommerce, Leasing, market, prescott, prescott valley, retail. shopping centers, Tenant

Lease Opportunity – Historic Prescott

February 28, 2016 By Donald Teel Leave a Comment

Jack in the Box Prescott AZ Drive ThroughDrive through restaurants are in demand. Downtown drive through restaurants are in greater demand. Now, add to this fact that we have a former Jack in the Box drive through restaurant now available for lease and it’s located just three blocks from Prescott, Arizona’s historic downtown square and Whiskey Row.

Everyone in Prescott, and most repeat visitors, know the location. The traffic is an enormous 40,000± vehicles per day in the peak season.

Located on East Gurley Street, the property is on the main ingress/egress for nearly 1,000,000 annual visitors to Prescott.

DOWNLOAD THE FEATURE SHEET

In order to prepare the property for immediate availability, the initial demolition work has been completed by the Landlord, at Landlord’s cost. Environmental mitigation and clearance report is available.

The property was recently sold to a new owner and the City of Prescott completed curb, sidewalk and entry work on the west side of the property. According to Donald Teel, a Principal partner with Commercial Properties Northern Arizona, “This property is undoubtedly the best drive through entry and exit location for the downtown area.”

VISIT THE WEBSITE FOR MORE INFORMATION

Prescott AZ Drive Through Aerial

For current availability and leasing information, please contact Donald Teel by email or, if you prefer, contact him by phone at (928) 777-8100.

Filed Under: Drive Through, Leasing, Retail Tagged With: az, drive through, jack in the box, lease, prescott, restaurant, Retail

Primary Sidebar

Search the Blog

Subscribe to CommercialWebPage

Receive CRE News to Your Inbox

The Premiere AZ CRE Blog


Welcome to CommercialWebPage.com, Arizona's premiere commercial real estate investment and property management blog. We are now in our second generation with more commentary, tips, tools and other features designed for investors, CRE brokers and property managers.
wni-skyscrapper

commercial properties northern arizona

Willow Creek Village Prescott AZ
Prescott Retail Website Prescott AZ

Featured Posts

  • Leasing
  • Investment
  • Taxes

Lease Opportunity – Historic Prescott

Drive through restaurants are in demand. Downtown drive through restaurants are in greater demand. Now, add to this fact that we have a former Jack in the Box drive through restaurant now available for lease and it’s located just three blocks from Prescott, Arizona’s historic downtown square and Whiskey Row. Everyone in Prescott, and most […]

Leupp: REITs Signal Beginning of 3-5 Year Recovery in Commercial Property

Jay Paul Leupp, founder of Grubb & Ellis, talks with Bloomberg’s Julie Hyman and Mark Crumpton about the outlook for the U.S. commercial real estate market. Leupp also discusses his investment strategy and prospects for Associated Estates Realty Corp. and Sun Communities Inc. (Source: Bloomberg) Donald Teel is a Senior Associate and Principal with Arizona […]

Cost Segregation Studies

Syndicated from John Deirmenjian, CPA. Cost Segregation Studies can provide a range of significant benefits to businesses. These studies can be applied to buildings that have been purchased, constructed, expanded or remodeled since 1987. In order to realize the maximum available benefits under current tax law, the IRS requires Engineers, CPAs, and possibly other professionals, […]

CRE Topic Cloud

arizona arizona commercial bank owned barack obama buyer's market cap rate cnbc commercial commercial property commercial real estate document donald teel economy flagstaff foreclosure Grubb & Ellis Industrial investing Investment investor investors lease leases Leasing market Medical mortgage northern arizona Office owners ppa prescott prescott arizona prescott commercial property prescott commercial real estate prescott valley Prop. Mgmt. real estate recovery reo Retail sedona Tenant Tenants Video

Website by e-Partner® Development · Copyright © 2021 · Donald Teel - Commercial Real Estate Brokerage & Property Management Services· Email· Terms · Login