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    OFF-MARKET
    Retail properties & Spaces

    1330 Sr-89A, Buckeye, AZ 85326

    5,544 SF Built 1977
    Property ID
    Property summary
    AI-generated overview

    This exceptional 5,544 square foot retail building, located at 1330 SR-89A in Cottonwood, Arizona (zip code 85326), presents a compelling investment opportunity. The property, built in 1977 and zoned C-2 (Commercial), boasts a prominent location on SR-89A, offering high visibility and accessibility. Currently leased to Puerto Azul under a 5-year Absolute NNN lease commencing December 31, 2023, and expiring February 27, 2029, the lease includes a built-in 5% annual rent increase. The asking price is $1,200,000, representing a price per square foot of $216.45 and a 7.24% cap rate. The property features ample parking, with 9 spaces per 1,000 square feet, catering to the needs of the tenant and their customers. Its history as a successful Mexican restaurant speaks to the location's inherent strengths within Cottonwood's growing market. The minimal landlord responsibilities associated with an Absolute NNN lease make this an attractive option for investors seeking passive income and long-term value. The property's APN is 406-06-022B, 020C. This is a turnkey investment opportunity in a desirable location with a strong tenant and favorable lease terms.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Year built 1977
    Total area 5,544 SF
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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