Skip to content
  • Home
  • Sales
    • 1st Quarter Sales
    • 2nd Quarter Sales
    • 3rd Quarter Sales
    • 4th Quarter Sales
  • Leases
  • Advertise
  • Subscribe
  • Login
  • Home
  • Sales
    • 1st Quarter Sales
    • 2nd Quarter Sales
    • 3rd Quarter Sales
    • 4th Quarter Sales
  • Leases
  • Advertise
  • Subscribe
  • Login

CBRE Completes $1.5M Sale of Willow Creek Office Complex in Prescott, Ariz.

  • Home
  • News
  • CBRE Completes $1.5M Sale of Willow Creek Office Complex in Prescott, Ariz.
News
/
February 6, 2020
/
Real Estate Daily News Service
image_pdfimage_print
Willow Creek Medical Center, Prescott, AZ

Phoenix, Arizona – CBRE has completed the sale of Willow Creek Medical Center and two adjacent parcels located at 1000-1020 North Willow Creek Road in Prescott, Ariz. The Property totals ±15,622-square-feet on approximately ±1.49 acres and is 96 percent leased to a diverse collection of healthcare-oriented tenants, including Yavapai Regional Medical Center, Southwest Kidney Institute and West Winds Counseling, among many others.

The property commanded significant investor interest and a sale price of $1.50 million, or approximately $96 per square foot.

Andrew K. Fosberg and Dylan A. Brown with CBRE’s Phoenix office represented both the seller, Spanier Investments, LLC , of Prescott, Arizona and the buyer, Wildcat Investments, LLC, of Phoenix, Arizona.

Developed in 1974, the property is situated directly across the street from Yavapai Regional Medical Center West, Prescott’s premier hospital facility which consists of 134 beds and the nationally-respected James Family Heart Medical Center. The Property is located less than a mile north from the Historic Downtown Prescott trade with excellent frontage along Willow Creek Road, Prescott’s major north-south commuter thoroughfare, which features over 35,000 vehicles per day.

“Willow Creek Medical Center’s historical occupancy coupled with the population growth and aging demographics in the Quad City area drew significant investor interest, said CBRE’s Brown. “The property was incredibly appealing due to its superior location along Willow Creek Road directly across the street from Prescott’s major hospital, Yavapai Regional Medical Center West.”

Share Now!

Recent Posts

  • Southern Arizona Senior Housing Specialist Brokers Sale of 20-Bed Beehive Homes assisted living Marana
  • Pima County Vote Centers will be in 58 locations for July 15 Special Primary Election
  • Food Truck Roll Up Casino Del Sol Returns July 19
  • Tucson Commercial Lease Report Tops 57,000 SF This Week
  • Mohr Partners Recruits Three Seasoned Brokers in Phoenix

Archives

Copyright © 2025 Real Estate Daily News
Website by: Heart and Soul Web Design

Scroll to Top