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101 N Hwy 260
Payson, AZ 85541

Payson Plaza · Retail Property For Sale

Investment Highlights

  • Located on the Hard Corner of the Most Dominant Retail Intersection in Northeast Arizona.
  • Potential redevelopment Opportunity with 30% Vacancy and abundant parking.
  • Priced below replacement value at $84 psf; Ability to convert to NNN leases.
  • The center is located at the intersection of Highway 87 and Highway 260 – the 2 main arterial roads in the entire trade area.
  • Vibrant Retail Intersection with Wal Mart, Bashas’, Safeway, Petsmart, Starbucks, and McDonalds to name a few.
  • Excellent Visibility with 2 large Monument Signs on Highway 260 & Highway 87.

PROPERTY FACTS

Property Type
Retail
Property Subtype
Retail
Building Size
60,458 SF
Building Class
B
Year Built
1982
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.29
Lot Size
4.77 AC
Zoning
C-2 - Commercial
Parking
70 Spaces (1.16 Spaces per 1,000 SF Leased)
Frontage
539 FT on South Beeline Highway

Amenities

  • Signage

About 101 N Hwy 260 , Payson, AZ 85541

Payson Plaza is located at the intersection of Highway 87 and Highway 260. *Located on the Hard Corner of the Most Dominant Retail Intersection in Northeast Arizona. *Vibrant Retail Intersection with Wal Mart, Bashas’, Safeway, Petsmart, Starbucks, and McDonalds to name a few. *The center is located at the intersection of Highway 87 and Highway 260 – the 2 main arterial roads in the entire trade area. The site receives over 45k cars per day. *Priced below replacement value at $84 psf; Ability to convert to NNN leases. *Potential redevelopment Opportunity with 30% Vacancy and abundant parking. *Excellent Visibility with 2 large Monument Signs on Highway 260 & Highway 87.

  • Listing ID: 18433676

  • Date on Market: 2/6/2020

  • Last Updated:

  • Address: 101 N Hwy 260, Payson, AZ 85541

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