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Twin Pines 512-516 S Beeline Hwy

12,044 SF 93% Leased Retail Building Payson, AZ 85541 $1,638,669 ($136/SF) 7.44% Cap Rate

Executive Summary

Owner Carry:
50% Down
5% interest
25-year amortization

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
12,044 SF
Building Class
C
Year Built
1978
Price
$1,638,669
Price Per SF
$136
Cap Rate
7.44%
NOI
$121,917
Percent Leased
93%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.26
Lot Size
1.05 AC
Zoning
C - Commercial
Parking
67 Spaces (5.66 Spaces per 1,000 SF Leased)
Frontage
194 FT on S Beeline Hwy

Amenities

  • Signage

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 7
  • 895 SF
  • Retail
  • -
  • Now

- Large Visible Monument Sign - Large Parking Lot - Frontage on S Beeline Hwy - High traffic count - Diverse Tenant Mix - Charming center - Near Major intersection of Hwy’s 87 & 260

Space Size Space Use Position Available
7 895 SF Retail - Now

7

Size
895 SF
Space Use
Retail
Position
-
Available
Now

7

Size 895 SF
Space Use Retail
Position -
Available Now

- Large Visible Monument Sign - Large Parking Lot - Frontage on S Beeline Hwy - High traffic count - Diverse Tenant Mix - Charming center - Near Major intersection of Hwy’s 87 & 260

Walk Score ®
Very Walkable (72)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

PNC Bank
Dutch Bros
Denny's
Filiberto's Mexican Food
Five Guys
Chili's Grill & Bar
National Bank of Arizona
Sunstate Equipment
Storagepro
Bashas' Supermarkets

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
304-03-026
Land Assessment
$16,403
Improvements Assessment
$99,234
Total Assessment
$115,637
  • Listing ID: 31903945

  • Date on Market: 5/23/2024

  • Last Updated:

  • Address: 512-516 S Beeline Hwy, Payson, AZ 85541

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