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1620 W State Route 260
Camp Verde, AZ 86322

Starbucks Anchored Strip Center - Value Add · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Storefront
Building Size
8,882 SF
Building Class
B
Year Built
2005
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.32
Lot Size
0.64 AC
Zoning
C-2
Parking
39 Spaces (4.39 Spaces per 1,000 SF Leased)
Frontage
230 FT on W State Route 260

Amenities

  • Corner Lot
  • Freeway Visibility
  • Drive Thru

About 1620 W State Route 260 , Camp Verde, AZ 86322

Verde Valley Retail Center is a well-located property, directly off of the I-17 – the primary connector between Phoenix and Northern Arizona (39,000+ Vehicles per Day). The Corporate Starbucks features a drive-thru and is the only Starbucks on the I-17 between Phoenix and Flagstaff. Both Starbucks and Sedona Pines have been Tenants at this property since construction in 2005 and both recently extended their Leases. Gabriela’s Taco Shop Mexican Restaurant recently took over additional space within the center. The property is currently 56.6% occupied and conservative pro-forma at market rent will increase yield up to a 10% return.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
403-22-034A
Land Assessment
$342,330
Improvements Assessment
$1,514,885
Total Assessment
$1,857,215
  • Listing ID: 11738850

  • Date on Market: 2/26/2018

  • Last Updated:

  • Address: 1620 W State Route 260, Camp Verde, AZ 86322

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