Leased Auto Parts Retail
For Sale
Contact for pricing
Pending
342 Grove Ave, Prescott, AZ 86301
Fee simple sale of an O’Reilly Auto Parts building on 1.1 acres with a long-term, corporate-guaranteed lease.
Property Size8,000 SF
Lot Size1.10 Acres
Days on Market126
Property Features for 342 Grove Ave
General Information
Standard status
Pending
Size
8,000 SF
Lot size
1.10 Acres
Property subtype
Retail
Building Details
Tenancy
Single
Listing Agency:
SRS Real Estate Partners Newport Beach
Listed By:
John Redfield · License #CA 01928036
Source:
Crexi
Added: Apr 10
Changed: Aug 8
Last Checked: Aug 12 at 3:08PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SRS Real Estate Partners Newport Beach
Investment Insights
Based on property information with market context.
Faris Lee Investments is pleased to offer for sale the fee simple interest (land and building) in an 8,000 SF O’Reilly Auto Parts property. The offering includes the real estate supporting the existing retail auto parts operation on a 1.1-acre site.
The property is located at 342 Grove Avenue in Prescott, Arizona, positioned between a densely populated residential area and the city’s dominant retail thoroughfare. The site benefits from commercial frontage and visibility along Grove Avenue.
The property is leased to O’Reilly Auto Parts under a long-term, corporate-guaranteed lease structure featuring 3% annual increases and two (5-year) options, with 6% rental increases at the start of each option. The tenant has conducted business at this location for more than 20 years.
The property is located at 342 Grove Avenue in Prescott, Arizona, positioned between a densely populated residential area and the city’s dominant retail thoroughfare. The site benefits from commercial frontage and visibility along Grove Avenue.
The property is leased to O’Reilly Auto Parts under a long-term, corporate-guaranteed lease structure featuring 3% annual increases and two (5-year) options, with 6% rental increases at the start of each option. The tenant has conducted business at this location for more than 20 years.
Key Highlights
- Fee simple (land & building) sale of an 8,000 SF O’Reilly Auto Parts property at 342 Grove Avenue, Prescott, AZ
- On 1.1 acres with commercial frontage and outstanding visibility along Grove Ave
- Long‑term, corporate‑guaranteed lease with 3% annual increases
Property Analytics
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
2,931
Businesses Nearby
19k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 68%
Dining 27%
Hotels & Casinos 5%
Shell
Shops & Services
6,127 visits/mo
0.1 miles
Chase Bank
Shops & Services
5,350 visits/mo
0.4 miles
Rosati's Chicago Pizza
Dining
3,658 visits/mo
0.4 miles
Parlor Doughnuts
Dining
1,412 visits/mo
0.5 miles
Automax Prescott
Shops & Services
1,215 visits/mo
0.4 miles
Demographics for 86301, AZ
25,115
Population
13,863
Households
1.8
Avg Household Size
57
Median Age
37%
College-Educated
96%
High-School Grad
33.4 sq mi
ZIP Area
752
Density / Sq Mi
$71,962
Median Household Income
$33,989
Median Earnings
$1,580
Median Rent
$495,100
Median Home Value
Market
Vacancy Rate% for Retail in West region
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Frequently Asked Questions
What type of property is this?
Automotive property - Fee simple sale of an O’Reilly Auto Parts building on 1.1 acres with a long-term, corporate-guaranteed lease.
Where is this automotive property located?
The property is located at 342 Grove Ave Prescott, AZ.
What are key features of this property?
This property features: Fee simple (land & building) sale of an 8,000 SF O’Reilly Auto Parts property at 342 Grove Avenue, Prescott, AZ; On 1.1 acres with commercial frontage and outstanding visibility along Grove Ave; Long‑term, corporate‑guaranteed lease with 3% annual increases
