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Property profile & analytics
FOR LEASE
Community centers

608 Elm St Page, AZ 86040

7,000 SF 8.56 ac lot Built 1987
Entity Owned 6-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US07-1684082
Property summary
AI-generated overview

Page Plaza, located at 608 Elm St, Page, AZ 86040, presents a prime retail opportunity in Coconino County. This established shopping center offers a total of 99,047 square feet of leasable space across multiple tenancies, with four individual spaces currently available, ranging in size from 1 square foot to 2,517 square feet. The property sits on a substantial 373,091 square foot lot, providing ample parking and visibility for tenants. The property type is classified as retail, specifically a pad and shopping center combination, offering a diverse range of potential uses. Its location in Page, Arizona, provides access to a thriving local market. The property's size and configuration make it suitable for a variety of retail businesses, from small boutiques to larger retail operations. The existing infrastructure and established location offer immediate occupancy potential, minimizing setup time and maximizing return on investment. This is an exceptional opportunity to secure retail space in a high-traffic area with significant potential for growth. Interested parties are encouraged to inquire about available space and lease terms. The property's address is easily accessible and benefits from high visibility along Elm Street. The expansive lot size ensures ample parking for customers and employees. This is a rare opportunity to establish or expand a retail presence in a desirable location.

Property profile
Verified
Property type Community centers
Use group MINI-MALL
Year built 1987
Total area 7,000 SF
Lot 8.56 ac (372,874 SF)
APN 800-36-004B
UPID US07-1684082
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
Current use
Occupant on record · Public records
  • Care For You Family Health Medical Clinic
  • H&R Block Tax Preparation
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$655k
CAP Approach CAP
by Request
Comparable Approach Comparable
$920k
Blend (final) Blend
$785k
Owner & transaction history
Bilak Building Co LLC · 6 yrs held
Bilak Building Co LLC
since 2020
1 recorded transaction
2020
$8.5M
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant $1.2M +122.9%
Auto repair, garage $1.2M +122.0%
Office building $1.2M +109.1%
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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