1330 E SR 89A
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1330 E SR 89A
5,544 SF Retail Building Cottonwood, AZ 86326 $1,200,000 ($216/SF)
Investment Highlights
- High Visibility along SR-89A
- A Strong Location in Cottonwood's Growing Market
- Abundant Parking
- A Long History of Success as a Mexican Restaurant at this Location
Executive Summary
This freestanding restaurant building, prominently positioned on SR-89A, offers a secure, NNN-leased investment opportunity. The property boasts a fresh 5-year lease with built-in 5% annual rent increases to its new tenant, Puerto Azul.
This 5,544 SF building, built in 1977, has a long history as a successful Mexican restaurant and benefits from high visibility, abundant parking, and a strong location in Cottonwood’s growing market.
With minimal landlord responsibilities and a stable tenant, this property presents a compelling opportunity for investors seeking passive income and long-term value.
This 5,544 SF building, built in 1977, has a long history as a successful Mexican restaurant and benefits from high visibility, abundant parking, and a strong location in Cottonwood’s growing market.
With minimal landlord responsibilities and a stable tenant, this property presents a compelling opportunity for investors seeking passive income and long-term value.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
5,544 SF
Building Class
C
Year Built
1977
Price
$1,200,000
Price Per SF
$216
Tenancy
Single
Building Height
2 Stories
Building FAR
0.20
Lot Size
0.64 AC
Zoning
C-2 - General Commercial
Parking
55 Spaces (9.92 Spaces per 1,000 SF Leased)
Frontage
100 FT on State Route 89A
Amenities
- Restaurant
Nearby Major Retailers
PROPERTY TAXES
Parcel Numbers | Improvements Assessment | $728,459 | |
Land Assessment | $130,805 | Total Assessment | $859,264 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$130,805
Improvements Assessment
$728,459
Total Assessment
$859,264
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1330 E SR 89A
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