Leased Auto Parts Retail
342 Grove Ave Prescott, AZ 86301
342 Grove Ave, Prescott, AZ, 86301
Contact for pricing
For Sale
Contact for pricing
Pending
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 Market103
Property Features for 342 Grove Ave
General Information
- Standard status
- Pending
- Size
- 8,000 SF
- Lot size
- 1.10 Acres
- Property subtype
- Retail
Listing agency
SRS Real Estate Partners Newport Beach
Listed by
John Redfield · License #CA 01928036
Source
Crexi
Added: Apr 10 Updated: Jul 21 at 3:10AM Checked: Jul 21 at 3:10AM
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
Location Intelligence
Current Use by Public Records
O'Reilly Auto Parts
Auto Parts Store
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FAQs
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