260 Lee Blvd, Prescott, AZ 86303-5777

This exceptional investment opportunity presents a 5,637 square foot, single-tenant auto shop located at 260 Lee Blvd, Prescott, AZ 86303. The property, built in 2023, sits on a 1.67-acre lot and boasts a strong 100% occupancy rate with a 15-year absolute NNN lease in place, offering significant long-term stability. The lease includes annual rent escalations starting in year six, further enhancing the investment's potential. The tenant, Christian Brothers Automotive, a well-established and rapidly expanding national chain with over 275 locations, provides a robust corporate guarantee. The property generates a substantial net operating income (NOI) of $330,000, resulting in an attractive 6.25% cap rate. The asking price is $5,280,000, translating to a price per square foot of $936.67. The property benefits from its location within a thriving retail corridor, surrounded by major national retailers such as Target, Home Depot, and Costco, serving a population exceeding 51,000 within a 5-mile radius, with an average household income well above the national average. This presents a compelling opportunity for investors seeking a secure, high-yield investment with significant long-term growth potential. The lease features options extending the term up to 65 years. This is a turnkey investment with zero landlord responsibilities.