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408 S Beeline Hwy 2,264 SF 100% Leased Retail Building Payson, AZ 85541 $495,000 ($218.64/SF) 5.11% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Fully Leased Commercial Duplex in Bustling Tonto Plaza
  • Long Term Stable Tenants
  • Great Building and Pole Signage along Beeline Hwy
  • Easy to Manage

EXECUTIVE SUMMARY

Fully leased commercial duplex. Exceptional building in the heart of Payson's Tonto Plaza. Large common area parking plus 5 dedicated spaces on north side of building. Entrances from front and back. Pole signage along Beeline Hwy for complex tenants plus building signage on north and south sides of building over entrances. Insurance agency has been in place for years and Versatile Ink owner took over the space from his retiring boss. Both businesses have been in these locations for years. Property is clean, well maintained and if self-managed has a cap rate of 5.11%. DRIVE-BY ONLY DO NOT DISTURB TENANTS / CUSTOMERS OR ENTER PROPERTY. INTERIOR INSPECTIONS WITH ACCEPTED OFFER.

ATTACHMENTS

CAP RATE

FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access

ANNUAL ANNUAL PER SF
Gross Rental Income $99,999 $9.99
Other Income $99,999 $9.99
Vacancy Loss $99,999 $9.99
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual $99,999
Annual Per SF $9.99
Vacancy Loss
Annual $99,999
Annual Per SF $9.99
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual $99,999
Annual Per SF $9.99
Operating Expenses
Annual $99,999
Annual Per SF $9.99
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual $99,999
Annual Per SF $9.99

PROPERTY FACTS Under Contract

Sale Type
Investment
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
2,264 SF
Building Class
B
Year Built
1996
Price
$495,000
Price Per SF
$218.64
Cap Rate
5.11%
NOI
$25,300
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.52
Lot Size
0.10 AC
Parking
5 Spaces (2.21 Spaces per 1,000 SF Leased)
Frontage
100’ on BEELINE HWY

AMENITIES

  • Freeway Visibility
  • Signage
  • Monument Signage
  • Air Conditioning

MAJOR TENANTS Click Here to Access

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE TYPE
  • LEASE END
  • Insurance Agency
  • Finance and Insurance
  • 99,999 SF
  • $9.99
  • Lorem Ipsum
  • Jan 0000
  • Tattoo Parlor
  • Services
  • 99,999 SF
  • $9.99
  • Lorem Ipsum
  • Jan 0000
TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE TYPE LEASE END
Insurance Agency Finance and Insurance 99,999 SF $9.99 Lorem Ipsum Jan 0000
Tattoo Parlor Services 99,999 SF $9.99 Lorem Ipsum Jan 0000
Walk Score®
Very Walkable (75)
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

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

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
304-03-163B
Land Assessment
$35,750 (2025)
Improvements Assessment
$402,498 (2025)
Total Assessment
$438,248 (2025)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2024
  • Listing ID: 36003063

  • Date on Market: 5/28/2025

  • Last Updated:

  • Address: 408 S Beeline Hwy, Payson, AZ 85541

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