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Springerville, AZ - Verizon & China Garden SOLD

$650,000

299 S. Mountain Avenue Units A, B, and C, Springerville, AZ 85938

Active
Last Updated: 04/02/2026

3,900 sqft

Building Size

0.53 acres

Lot Area

Details:
Building Size:    3,900 sqft
Lot Area:    0.53 acres
Occupancy:    100%
Year Built:    2004
Zoning:    C1: General Commercial
Description:

• 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.

• The asset has excellent frontage and visibility on S. Mountain Ave./U.S. Highway 180 with 8,500 vehicles passing by daily.
• The building is also in close proximity to the signalized intersection of U.S. Highway 60 and S. Mountain Ave./U.S. Highway 180.

Map:
Location
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