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    108 S Beeline Hwy Payson, AZ 85541

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    For Sale
    $2,680,000

    Retail property with a corporate Chipotle lease and drive-thru.

    Property size:
    2,505 SF
    Lot size:
    1.08 Acres

    Property Features for 108 S Beeline Hwy

    General Information

    Size
    2,505 SF
    Lot size
    1.08 Acres

    Source: Marcus & Millichap | Phoenix Agent Chris Lind

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Corporate Lease with Chipotle

    This retail property features a corporate lease with Chipotle, with approximately 12 years remaining. The property was remodeled in 2022 and includes a "Chipotlane" drive-thru. It is located with frontage at the intersection of SR-87 and SR-260, which sees 40,250 cars per day. The property is situated in a dense retail corridor surrounded by national tenants such as Safeway, Walgreens, Walmart, Bashas', and AutoZone. The property size is 2,505 square feet.
    Insight Report Location Intelligence

    Current Use by Public Records

    Chipotle Mexican Grill Mexican Restaurant Del Taco Fast Food Restaurant

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Payson
    County
    Gila
    State
    Arizona
    Longitude
    -111.323599
    Latitude
    34.2394394

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    FAQs

    What type of property is this?
    Drive through restaurant - Retail property with a corporate Chipotle lease and drive-thru.
    Where is this drive through restaurant located?
    The property is located at 108 S Beeline Hwy Payson, AZ.
    What is the asking price?
    The asking price for this property is $2,680,000.
    What are key features of this property?
    This property features: - ±12 Years Remaining on Corporate Lease with Chipotle; - High-Quality 2022 Remodel with a "Chipotlane" Drive-Thru; - Excellent Frontage at the Intersection of SR-87 and SR-260 (40,250 Cars per Day)
    (602) 370-9255
    Request Owner's contact information
    108 S Beeline Hwy Payson, AZ 85541
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    Payson, AZ 85541
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    108 S Beeline Hwy Payson, AZ 85541
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