FREESTANDING BUILDING FOR LEASE
425 North Beeline Highway (AZ 87)
|SF Available||Land Area||Zoning||Parking|
|9,014 SF||1.21 Acres||C-2||33 Spaces|
The subject property is a rare freestanding retail building in Payson with its own parking lot and a receiving area on the south side. This property is the only one of its type currently available in Payson.
The building is currently occupied by Habitat for Humanity ReStore. They will vacate the property with advance notice to be agreed upon once a new lease for the property has been executed. It is expected that they will request 60 days to vacate.
The property is just north of the very busy intersection of the Beeline Highway (AZ 87) and Highway 260 in the heart of the Payson retail business core. Walmart, the busiest retail store in Payson, is just south of the property and across the street. Many other major retailers are located close to the property.
Located only a quick and very scenic hour and a half drive from Phoenix, Payson offers a cool and relaxed retreat in the pines. At 5,000 feet of elevation, the weather is much milder than Phoenix and is usually 10-15 degrees cooler than Phoenix. A beautiful, relatively new four lane highway connects Phoenix to Payson. Major retailers like Walmart, Home Depot, Safeway, Basha’s, PetSmart, Goodwill, Dollar Tree, Big Lots, Big 5 Sporting Goods, Tractor Supply & a new Harbor Freight, as well as all the big chain fast-food restaurants are located in Payson. Some of these restaurants are rumored to be the highest volume stores in Arizona. On summer weekends, the highways in and out of Payson are extremely busy since Payson is the first stop for people headed north in Arizona. The demographics are not representative of how busy Payson is due to tourist traffic, trucking and part-time residents. Payson is a busy gateway hub to northeast Arizona towns and recreation spots.
Payson has enjoyed a huge economic boom in the past two years. Many home values have doubled in this short time based on demand from people moving here or buying second homes.