620 E Highway 260 - Restaurant FOR SALE


Payson, AZ 85541
$2,800,000 USD
480-405-3200
620 E Highway 260, Payson, AZ for Sale
$2,800,000 USD
Restaurant - FOR SALE
1/44
null | 5.72% Cap Rate

620 E Highway 260
Payson, AZ 85541


HIGHLIGHTS

  • 100% occupied
  • Fargos Steakhouse Anchor
  • R3 Zoning - Additional Development

OVERVIEW

Fargo's Plaza is a ±8,474 SF multi-building commercial campus at the Chaparral Pines gateway on State Route 260, where ADOT counts roughly 18,200–18,700 vehicles per day. The campus is anchored by Fargo's Steakhouse — Rim Country's long-established destination restaurant — and rounded out by four professionally leased office buildings. Eleven income streams, zero vacancy, and a ±1.47-acre R3-MH development parcel that conveys with the sale.

FOR SALE DETAILS

PRICE

$2,800,000 USD

PRICE/SF

$903 USD /SF

CAP RATE

5.72%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

ON GROUND LEASE

Yes

BUILDING DETAILS

PROPERTY NAME

Fargos Plaza - Payzon, AZ

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Freestanding, Storefront Retail/Office, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2001

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.38 AC

LAND SF

16,605 SF

ZONING

COM

APN/PARCEL ID

304-02-012X

ASK ABOUT THIS PROPERTY

Eddy RocheHUB CommercialMore Info
480-405-3200

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Eddy RocheHUB CommercialMore Info
480-405-3200

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