Courtesy of: Raymond G. Zogob, Better Homes And Gardens Real Estate Bloomtree Realty, rzogob@gmail.com
Courtesy of: Raymond G. Zogob, Better Homes And Gardens Real Estate Bloomtree Realty, rzogob@gmail.com
$12
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Lot: 1.20 Acres
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Retail
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$12
360 N State Route 89 Excellent opportunity to lease +/-4, 089 SF of high-visibility retail space within a well-maintained +/-6, 869 SF commercial building situated on approximately 1.20 acres of commercially zoned land in the heart of Chino Valley along highly traveled SR 89. The property offers exceptional highway frontage, visibility, and convenient access, making it ideal for a variety of retail, service, showroom, or other commercial uses. The building currently includes established tenants State Farm (+/-2, 000 SF) and Pet's 1st Choice (+/-800 SF), with the remaining +/-4, 089 SF main retail space available for lease at $12.00/SF/year modified gross. The available space provides an excellent opportunity for a business seeking a prominent highway location with substantial parking and strong exposure. Property features include 40+ paved parking spaces, two ADA-accessible restrooms, 220-volt power, a roll-up door, and monument signage. The combination of excellent SR 89 frontage, high traffic counts, convenient access, ample parking, and flexible commercial zoning makes this an outstanding location for a variety of retail and service-oriented businesses. The property is also available for purchase at $1, 185, 000 ($172.51/SF), with the valuation based on an appraisal dated December 31, 2025. The property offers an attractive 7.5% pro forma going-in cap rate, creating an excellent opportunity for an investor or owner/user. One of the owners is a licensed Arizona Realtor.
Courtesy of: Raymond G. Zogob, Better Homes And Gardens Real Estate Bloomtree Realty, rzogob@gmail.com
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