850 S State Route 89, Chino Valley, AZ 86323
sale
$999,000
|
Retail
Courtesy Of Sumner Commercial Real Estate, Inc.
Excellent investment opportunity in Chino Valley. One long-term tenant, Aroma Pizza, takes up 3,000 SF of the 4,000 SF available, with a lease through August 2025. The 1,000 SF suite has just been leased to a smoke shop/tattoo parlor that has been in business for several years and is likely to renew their initial one-year lease. The building generates a 6.1 cap rate, a nice fit for any portfolio. Seller will carry for a qualified buyer with $200,000 down. Please do not disturb tenants during business hours.
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Property Features
- Age: 31-40 Years Old
- Amenities: Disabled Access
- Architecture Style: Other
- Building Units: 2
- Cooling System: Central A/C
- Exterior Type: Brick
- Exterior Type: Block
- Floor Covering: Vinyl
- Floors: 1.0
- Heating Fuel: Electric
- Heating Fuel: Natural Gas
- MLSID: 1052786
- Parking Spaces: 16
- Roof Type: Tile
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