Property summary
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.
Property profile
VerifiedCap rate & NOI
Current use
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Auto Repair Shop
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2022Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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