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
...
(Read more)
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.
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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