807 S BEELINE Highway, Payson, Arizona
807 S BEELINE Highway, Payson, Arizona 85541 - ACTUAL 8.0% CAP Rate at List Price. RIM PLAZA enjoys excellent drive-by exposure with one of Arizona's highest traffic counts along the busy Beeline Highway through Payson Arizona. Constructed of natural Coconino sandstone, the 5,195 SF building contains 4 suites all fully occupied with solid long-term tenants holding multi-year leases. RIM PLAZA is ideally located to benefit from future growth in this developing Rim Country market. At $81/SF thisrepresents an opportunity to acquire a prime location and a Rim Country landmark at half the cost of new construction.
Listing Courtesy of Kasten Long Commercial Group