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Leased Auto Parts Retail Building

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.

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

Suggested Use

Parking Lot & Garage Locksmith Grocery & Convenience Store Butcher (Bike/Boat/Book/etc) Store Daycare Center (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

Similar Off Market Nearby

  • Snow Bird Camper Vans — 697 6th St #223, Prescott, AZ 86301
  • U-Haul Neighborhood Dealer — 221 W Willis St, Prescott, AZ 86301
  • Hertz Car Rental - Prescott - North Montezuma HLE — 377 N Montezuma St #11, Prescott, AZ 86301

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
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