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Chino Valley Plaza 360 N State Route 89 14,577 SF 44% Leased Retail Building Chino Valley, AZ 86323 $1,185,000 ($81.29/SF) 7.50% Cap Rate



Investment Highlights
- • 7.5% Pro-Forma Going-In Cap Rate
- • Established Tenant Income + Upside
- • Prime SR 89 Frontage & Highway Visibility
- • ±6,869 SF Building | ±1.20 Acres
- • ±4,089 SF Available for Owner-User or New Tenant
- • 40+ Parking Spaces | Monument Signage | Flexible Commercial Zoning
Executive Summary
Purchase this well-maintained ±6,869 SF commercial building located on approximately 1.20 acres of prime commercially zoned land in the heart of Chino Valley along highly traveled SR 89 for $1,185,000 ($172.51/SF), valuation based on an appraisal dated December 31, 2025. The property offers an attractive 7.5% pro-form going-in cap rate, providing an excellent opportunity for both investors or owner/users. The property benefits from excellent frontage and visibility along SR 89 and currently includes established tenants State Farm (±2,000 SF) and Pet’s 1st Choice (±800 SF). The remaining ±4,089 SF main retail space is available for lease at $12.00/SF/year modified gross, providing an owner/user with the opportunity to occupy the space while generating rental income from the existing tenants. Property features include 40+ paved parking spaces, an ADA-accessible restroom, 220-volt power, a roll-up door, and monument signage along the highway. With its high traffic location, excellent visibility, flexible commercial zoning, and substantial land component, this property is well suited for a variety of retail, service, or owner-user applications. One of the Sellers is a licensed Arizona real estate salesperson.
Property Facts
Sale Type
Investment or Owner User
Sale Conditions
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
14,577 SF
Building Class
C
Year Built
1982
Price
$1,185,000
Price Per SF
$81.29
Cap Rate
7.50%
NOI
$88,875
Percent Leased
44%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.28
Lot Size
1.20 AC
Zoning
Commercial Light (CL) - Commercial Light
Parking
40 Spaces (5.83 Spaces per 1,000 SF Leased)
Frontage
200’ on Highway 89
Space Availability
- Space
- Size
- Space Use
- Position
- Available
| Space | Size | Space Use | Position | Available |
| Suite B | 4,089 SF | Retail | - | Now |
Suite B
| Size |
| 4,089 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
1 of 22
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Suite B
| Size | 4,089 SF |
| Space Use | Retail |
| Position | - |
| Available | Now |
Somewhat walkable
20/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 306-23-054A | Improvements Assessment | $443,752 |
| Land Assessment | $158,183 | Total Assessment | $601,935 |
Property Taxes
Parcel Number
306-23-054A
Land Assessment
$158,183
Improvements Assessment
$443,752
Total Assessment
$601,935
1 of 29
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Contact the Sale Advisor
Chino Valley Plaza | 360 N State Route 89



