299 S Mountain Ave - Freestanding FOR SALE


Springerville, AZ 85938
$650,000 USD
570-762-6075
299 S Mountain Ave, Springerville, AZ for Sale
$650,000 USD
Freestanding - FOR SALE
1/8
null | Request Cap Rate

299 S Mountain Ave
Springerville, AZ 85938


HIGHLIGHTS

  • 100% Leased Retail/Office Building | Diverse Tenant Mix
  • Majority of Building Under NNN Leases | Fee Simple Ownership
  • Pad Site to Safeway and Dollar Tree
  • Excellent Frontage, Visibility & Access

OVERVIEW

• 3,900 SF retail/office building fully leased to three tenants. • Verizon’s lease is signed by GoWireless, Inc., a 650-location franchisee for the brand. • Diverse mix of food, service and office tenants, providing a stable diversified income stream. • Verizon and China Garden are assumed to be operating under NNN leases. Tenants pay their own electrical utility. • New 3 year gross office lease signed by insurance agent from Farm Bureau Financial Services. • Recent leasing velocity shows an existing demand for retail space.

FOR SALE DETAILS

PRICE

$650,000 USD

PRICE/SF

$163 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Retail/Office Building

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Restaurant, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2004

SPRINKLERS

-

PARKING SPACES

15

LAND DETAILS

LAND ACRES

0.53 AC

LAND SF

23,087 SF

ZONING

C-1

APN/PARCEL ID

105-18-025E

ASK ABOUT THIS PROPERTY

Jack CornellSRS Real Estate PartnersMore Info
570-762-6075

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Jack CornellSRS Real Estate PartnersMore Info
570-762-6075

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.