205 S Beeline Highway, Payson, AZ 85541

$4,250,000
Property Type: Commercial Square Footage: 41,219 Lot Size (sq. ft.): 34 Status: Closed
Current Price: $4,250,000 List Date: 5/15/2005 Last Modified: 10/25/2024

Overview

Description

PAYSON PLAZA IS A MULTI-TENANT RETAIL SHOPPING CENTER COMPRISED OF A FREESTANDING KFC & IN-LINE SHOP SPACE THAT INCLUDES FAMILY DOLLAR,BEALLS OUTLET, DOMINO'S & FAMOUS SAMS

Listing Details MLS# 2513099

Address Information

Street #
205
Direction
S
Street Name
Beeline
Suffix
Highway
State/Province
AZ
Zip Code
85541
County
Gila
Country
USA

Location, Tax & Legal

Tax Code
NEW OR UNDER CONSTRUCTION
Area
Gila
Tax Year
2004
Taxes
34150
Assessments
0
Legal Description
LOTS 72, 85,& 86 OF MOGOLLON RIM EXCEPT A PART OF LOT 86
Municipality/Zoning
Other - CB2
Fire Protection
Included in Taxes

General Property Information

# Units
9
Year Built
1996
Lot Dimensions
200 X 600
Lot Acres
2.86
Lot Sqft
124582
Lot Size Source
Owner
Combined SqFt
41219
Source of SqFt
Owner
List Price/SqFt
105.53
Lot Size Price/SqFt
34.91

Property Features

Expenses: CAM in Rent Construction: Masonry Stucco Main Cooling: Central Air; Evaporative Cooling; Zoned Main Heating: Other Sewer: Connected Terms: Cash; Submit Property Disclosures: Unknown

Status Change Info

Off Market Date
2005-10-24
Pending Date
2005-06-03
Sold Date
2005-10-24
Sold Price/SqFt
103.1
Lot Sz Sold Prc/SqFt
34.11
Financing
Conventional

More Information

Showing Information

Directions
PAYSON , AZ

Income

Gross Scheduled Rent
424509
Adjusted Gross
424509
Total Expenses
89408
Net Opp Income
335101

Analysis

Cap Rate %
7.7
Gross Rent Multi
10.24
Exp/SqFt
2.16
Exp % of Gross
21.06

Expenses

Figures Presented
Actual
Gas/Electric
5062
Insurance
11172
Management
11599
Taxes/Assessments
34150
Water/Sewer
4348
Other Expenses
23077
CAM in Rent
Yes

Property Features

A.D.A. Compliant
Yes
Phase 1 Report
Yes

Electric

3 Phase Power
Yes
Master Meter
No

Construction

Masonry Stucco
Yes

Sewer

Connected
Yes

Main Cooling

Central Air
Yes
Evaporative Cooling
Yes
Zoned
Yes

Main Heating

Other
Yes

Terms

Cash
Yes
Submit
Yes

Property Disclosures

Unknown
Yes
Listing Office: Advisors in Real Estate, Inc.
IDX
Last Updated: October - 25 - 2024
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