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Commercial > Specialty
Active
04/04/2025
List Price
$1,650,000$315/ft²

7890 State Route 69
Prescott Valley, AZ 86314

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  • 7890 State Route 69, Prescott Valley, AZ 86314 is a 5,246 ft² commercial specialty property property built in 1985 on a 0.260 acre lot with 2 construction permits. This commercial specialty property is currently for sale for $1,650,000, and it was last sold in 2014 for $1,445,950.

    MLS Description

    The listing agent's description. Original Listing

    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 Agents

    The listing agent for 7890 State Route 69 is Sheila Mengarelli.

    Permits

    7890 State Route 69 has 2 permit records.

    Permit History
    2
    Permits

    Current Ownership

    Information about the current owner(s).

    Property History

    7890 State Route 69 has undefined property events records (listings, deeds, permits, tax, foreclosure, loan).

    Property Events

    Environment

    Environmental factors around 7890 State Route 69

    School Information

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    Neighborhood

    This property is located in 86314.

    Market Trends

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    Copyright © 2025 Prescott Area Association of Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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