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Paul Simari

prescottpaulrealty@gmail.com +1(928) 232-2792

Listed by eXp Realty

$ 1,650,000

Est. payment -/mo

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Active

7890 E State Route 69 Prescott Valley, AZ 86314

2 Baths

0.26 Acres Lot

UPDATED:

Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

MLS Listing ID 1072072

Year Built 1985

Annual Tax Amount $4,808

Tax Year 2024

Lot Size 0.260 Acres

Acres 0.26

Property Sub-Type Other

Source paar

Property Description

This PRIME INVESTMENT OPPORTUNITY has a clean 7.2% cap rate with 2% annual increases, making it an excellent choice for a hands-off owner or 1031 exchange. This is a rare opportunity to own a fully leased, income-generating property in a high-visibility location on State Route 69 in Prescott Valley with 30 ft of frontage with stable, long-term tenancy. The property is secured by a NNN lease with zero landlord responsibilities, and the master lease is held by a major corporation with excellent credit. The lease extends through 12/31/2032. Currently home to Mike's Transmission, a successful automotive repair business. The building was built in 1985 and spans 5,246 sq ft. It has 6 active bays, 2 exterior loading docks, 2 car lifts, a reception area, a private office, and 2 bathrooms. Additional upper-level storage provides extra functionality for business operations. On a 0.32-acre lot with C2-3 zoning, the zoning allows for a variety of commercial uses while maintaining compatibility with surrounding businesses. The seller is completing a 1031 exchange, seller carryback financing is not available. This is a rare opportunity to own a fully leased, income-generating property in a high-visibility location with stable, long-term tenancy.

Location

State AZ

County Yavapai

Interior

Heating Heat Pump

Cooling Central Air

Flooring Concrete

Exterior

Utilities Available Electricity Available, WWT - City Sewer

Roof Type Metal,Other,Rolled/Hot Mop

Total Parking Spaces 15

Building

Story 1

Structure Type Steel Frame,Frame

Others

Acceptable Financing 1031 Exchange, Cash, Conventional

Listing Terms 1031 Exchange, Cash, Conventional

Virtual Tour https://tourfactorynaz.com/7890-AZ69/idx

Prescott Area Association of Realtors (PAAR MLS)

Nearby Locations

SCHOOLSPROPERTIES

Elementary Schools 8

7

Franklin Phonetic Primary School

Public | KG - 8
7

Granville Elementary School

Public | KG - 6
7

Liberty Traditional School

Public | PK - 8
6

Acorn Montessori Charter School

Public | 2 - 8
5

Lake Valley Elementary School

Public | KG - 6
5

Mountain View Elementary School

Public | KG - 6
3

Prescott Valley School

Public | KG - 12
0

Acorn Montessori Charter School Inc. - West

Public | KG - 1

Middle Schools 2

7

Park View Middle School

Public | 6 - 8
4

Glassford Hill Middle School

Public | 7 - 8

High Schools 5

8

Arizona Agribusiness & Equine Center - Prescott Valley

Public | 9 - 12
8

Canyon View Preparatory Academy

Public | 9 - 12
5

Bradshaw Mountain High School

Public | 9 - 12
1

Pace Preparatory Academy

Public | 9 - 12
0

Mijted - Bradshaw Mountain High School

Public | 9 - 12

School and business data provided by Attom Data.

Paul Simari

Agent | SASA679860000

+1(928) 232-2792

Paul Simari

7890 E State Route 69 Prescott Valley, AZ 86314

Key Details

Location

Interior

Exterior

Building

Others

Nearby Locations

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7890 E State Route 69