260 Lee Blvd Prescott, AZ 86303-5777
Property profile & analytics
260 Lee Blvd Prescott, AZ 86303-5777
- Auto shops
- 5,921 SF
- 1.67 lot acres
Property ID
US07-2325831
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Christian Brothers Automotive Prescott / Auto Repair Shop
Property Details for 260 Lee Blvd
- Year built
- 2023
- Lot size
- 1.67 lot acres
- Property size
- 5,921 SF
- Property type
- Auto shops
- APN
- 103-20-598L
- APU
- 10320598L
Description
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.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $5,155,000
- ML approach
- $5,155,000
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Prescott
- County
- Yavapai
- State
- Arizona
- Longitude
- -112.405
- Latitude
- 34.5471
- CBSA code
- 39150
- CBSA name
- PRESCOTT VALLEY-PRESCOTT, AZ METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$2,580
$125,523
$186,068
$311,591
-
$697,349
$1,033,712
$1,731,061
