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299 S Mountain Ave
Springerville, AZ 85938
Retail/Office Building · Retail Property For Sale
Investment Highlights
- 100% Leased Retail/Office Building | Diverse Tenant Mix
- Pad Site to Safeway and Dollar Tree
- Majority of Building Under NNN Leases | Fee Simple Ownership
- Excellent Frontage, Visibility & Access
Executive Summary
• 3,900 SF retail/office building fully leased to three tenants.
• Verizon’s lease is signed by GoWireless, Inc., a 650-location franchisee for the brand.
• Diverse mix of food, service and office tenants, providing a stable diversified income stream.
• Verizon and China Garden are assumed to be operating under NNN leases. Tenants pay their own electrical utility.
• New 3 year gross office lease signed by insurance agent from Farm Bureau Financial Services.
• Recent leasing velocity shows an existing demand for retail space.
• Verizon’s lease is signed by GoWireless, Inc., a 650-location franchisee for the brand.
• Diverse mix of food, service and office tenants, providing a stable diversified income stream.
• Verizon and China Garden are assumed to be operating under NNN leases. Tenants pay their own electrical utility.
• New 3 year gross office lease signed by insurance agent from Farm Bureau Financial Services.
• Recent leasing velocity shows an existing demand for retail space.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
3,900 SF
Building Class
B
Year Built
2004
Price
$903,877 CAD
Price Per SF
$231.76 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.17
Lot Size
0.53 AC
Zoning
C-1 - General Commercial
Parking
15 Spaces (3.85 Spaces per 1,000 SF Leased)
Frontage
180’ on S Mountain Ave
Amenities
- Freeway Visibility
- Signage
Property Taxes
| Parcel Number | 105-18-025E | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $38,448 CAD |
Property Taxes
Parcel Number
105-18-025E
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$38,448 CAD
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