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’ 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.
PROPERTY TAXES
| Parcel Number | 304-02-023S | Improvements Assessment | $3,785,875 |
| Land Assessment | $230,430 | Total Assessment | $4,016,305 |
