Springerville, AZ - Verizon & China Garden SOLD
$650,000
299 S. Mountain Avenue Units A, B, and C, Springerville, AZ 85938
3,900 sqft
Building Size
0.53 acres
Lot Area
Details:
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.
Location
Gallery