Payson Village & Rim Country Mall — Sale in Payson, AZ

  • Price: $32.2M
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: Payson, AZ 85541
  • Size: 219,901 SF

Photos

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Investment Figures

Price per square foot
$146

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

Newmark Retail Capital Markets is pleased to present the opportunity to acquire Payson Village & Rim Country Mall, a 98% leased grocery anchored center anchored by Basha’s, Harbor Freight Tools, Goodwill, and Dollar Tree. This 219,901 square foot center is the premier retail destination in Payson, AZ. Payson Village & Rim Country Mall is situated on the northwest corner of Bee Line Hwy and Hwy 260, exposing the property to over 43,000 vehicles on a daily basis. The quick access to both Beeline Hwy and Hwy 260 makes this property a first stop for both locals and travelers looking for a break from the Phoenix heat. Payson Village & Rim Country Mall is one of just two grocery-anchored centers serving the residents and visitors of Payson. With the majority of the land surrounding Payson owned by the Tonto Apache Tribe, and few parcels suitable for retail development, competition for new grocery centers remains limited. At a price per foot well below replacement cost, this opportunity provides stable, secure cash flow with future rental rate upside.

Market Context

This retail in Payson, AZ is listed for sale at $32,200,000 across 219,901 SF. Compare it against other retail listings for sale in Payson, AZ — view the full market.

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