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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
1031 Exchange
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
  • Suite B
  • 4,089 SF
  • Retail
  • -
  • Now
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

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

Anytime Fitness
Scooter's Coffee
Safeway
National Bank of Arizona

Property Taxes

Property Taxes

Parcel Number
306-23-054A
Land Assessment
$158,183
Improvements Assessment
$443,752
Total Assessment
$601,935
  • Listing ID: 42080880

  • Date on Market: 9/8/2026

  • Last Updated:

  • Address: 360 N State Route 89, Chino Valley, AZ 86323

Contact the Sale Advisor

Chino Valley Plaza | 360 N State Route 89

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