7890 E State Route 69, Prescott Valley, AZ 86314

$1,650,000
Property Type: Commercial/Indstrial Baths: 2 Square Footage: 5,246 Lot Size (sq. ft.): 11,326 Status: Active
Current Price: $1,650,000 List Date: 12/22/2025 Last Modified: 12/22/2025

Overview

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 w ...

Listing Details MLS# 1072072

ContractAddressLegal

Original List Price
1650000
Listing Price
1650000
Street #
7890
Direction
E
Street Name
State Route 69
City/Township
Prescott Valley
State
AZ
Zip Code
86314
Subdivision
None
County
Yavapai
Tax Parcel
103-02-741b

General Property Description

Aprx Acres
0.26
Buildings
Yes
Total Liveable SqFt
5246
Source of Measuremnt
County Assessor
Stories
Yes
Floor
Yes
Parking Spaces
15
Year Built
1985
NOI $
11830860
Cap %
7.2
Baths - Full
Yes
Property Use
Investment Prop
Construction Status
Existing
Space Available
No
Total Bathrooms
2
Vac Rate %
0
CAM $
0
GRM
No

Tax Info

Taxes
4808
Tax Year
2024

Construction

# of Bays
6
Frame - Steel
Yes
Frame - Wood
Yes

Contract/Address/Legal

List Price/SqFt
315
Neighborhood
N/A
Comm Type
Other
REO/Short Sale
Not Applicable
Zoning
C2
Business Name
Mikes Transmission Pros
Business Type
Automotive
Assessor's Book #
103
Assessor's Map #
2
Assessor's Parcel #
741
Assessor Parcel Ltr
b
Legal
AN IRREG PCL LYNG IN THE SE4 SEC 14 WITH THE SE COR LYNG APPROX 570' W & 110' N FROM THE SE COR SEC 14-14-1W CONT .26AC 3366/718

Remarks & Misc

Directions
From AZ-69, turn onto N Windsong Dr. Turn left onto E Pav Way. Turn right. Turn right. Property will be on the left.
Remarks
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.

More Information

Office/Member Info

Listing Exclusions
No

Building Type

Auto
Yes

Cooling

Central Air
Yes

External Amenities

Paved Parking
Yes

Flooring

Concrete
Yes

Heating

Heat Pump
Yes

Records Available

Phase I
Yes

Road Responsibility

City Maintained Road
Yes
Paved
Yes
Recorded Easement
Yes

Roof

Metal
Yes
Rolled/Hot Mop
Yes
Other - See Remarks
Yes

Bathrooms

Staff
Yes

Business Location

Commercial Strip
Yes
Freestanding Bldg
Yes

Terms & Conditions

1031 Exchange
Yes
Conventional
Yes

Commercial Amenities

Roll-Up Door(s)
Yes

Utilities Installed

220
Yes
Electricity
Yes
Water - City
Yes
WWT - City Sewer
Yes

Internal Amenities

Bathroom
Yes

Parking

On-Site
Yes

Pets/Animals

None
Yes

Property Features

Bathrooms: Staff Building Type: Auto Business Location: Commercial Strip; Freestanding Bldg Commercial Amenities: Roll-Up Door(s) Construction: Frame - Steel; Frame - Wood Cooling: Central Air External Amenities: Paved Parking Flooring: Concrete Heating: Heat Pump Internal Amenities: Bathroom Parking: On-Site Records Available: Phase I Road Responsibility: City Maintained Road; Paved; Recorded Easement Roof: Metal; Rolled/Hot Mop; Other - See Remarks Utilities Installed: 220; Electricity; Water - City; WWT - City Sewer
Listing Office: eXp Realty
Last Updated: December - 22 - 2025
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