Best Places Arizona Property
Property
Prescott Valley, AZ 86314 7890 E State Route 69
$1,650,000



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Presented By: eXp Realty
Home Details
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.
Presented By: eXp Realty
Interior Features for 7890 E State Route 69
Bathrooms
Total Baths2
Other Interior Features
FlooringConcrete
Total Stories1
General for 7890 E State Route 69
Additional Parcels Y/NNo
Business NameMikes Transmission Pros
Cap Rate7.2
CityPrescott Valley
Construction MaterialsSteel Frame, Frame
CoolingCentral Air
CountyYavapai
Current UseInvestment
DirectionsFrom AZ-69, turn onto N Windsong Dr. Turn left onto E Pav Way. Turn right. Turn right. Property will be on the left.
ExclusionsNo
HeatingHeat Pump
Home Warranty Y/NNo
Property SubtypeOther
Property TypeCommercial Sale
RoofMetal, Other, Rolled/Hot Mop
Standard StatusActive
Subdivision NameNone
Tax Annual Amount4808
Tax Year2024
UtilitiesElectricity Available, WWT - City Sewer
Virtual TourClick here
Virtual TourClick here
Year Built1985
ZoningC2
Exterior for 7890 E State Route 69
Building Area Total5246
Lot Size Acres0.26
Lot Size SourceCounty Records
Number of Buildings1
Parking FeaturesPaved, On Site
Total Parking15