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312 S Beeline Hwy
Payson, AZ 85541
Retail Property For Sale

Executive Summary

Located at 312 South Beeline Highway in Payson, Arizona, this offering presents the opportunity to acquire a single-tenant, net-leased Denny’s restaurant positioned along one of the community’s primary commercial corridors. Situated directly along State Route 87 (Beeline Highway), the property benefits from excellent visibility, convenient access, and exposure to traffic serving both local residents and visitors traveling between the Phoenix metropolitan area and Northern Arizona. As a regional hub for central Arizona, Payson serves surrounding communities while benefiting from tourism, outdoor recreation, and its location along a major north-south travel route. The property is leased to an independent Denny’s franchisee operating under the nationally recognized Denny’s brand, which has a long-standing history in the restaurant industry. The NNN lease structure provides for limited landlord responsibilities, while scheduled rent increases and additional extension options provide potential for continued income growth over the long term. The combination of an established franchisee, nationally recognized restaurant brand, prominent Beeline Highway location, NNN lease structure, and long-term lease term makes 312 South Beeline Highway an attractive passive investment opportunity in the Payson market.

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Restaurant
Building Size
4,551 SF
Building Class
C
Year Built
1994
Price
$1,475,000
Price Per SF
$324.10
Cap Rate
5.87%
NOI
$86,569
Tenancy
Single
Building Height
1 Story
Building FAR
0.20
Lot Size
0.51 AC
Zoning
C - Commercial

Amenities

  • Signage

Property Taxes

Property Taxes

Parcel Number
304-03-022F
Land Assessment
$16,233
Improvements Assessment
$167,077
Total Assessment
$183,310
  • Listing ID: 41707939

  • Date on Market: 8/11/2026

  • Last Updated:

  • Address: 312 S Beeline Hwy, Payson, AZ 85541

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