200 W Ash St - Storefront Retail/Office FOR SALE


Globe, AZ 85501
$2,600,000 USD
602-525-5538
200 W Ash St, Globe, AZ for Sale
$2,600,000 USD
Storefront Retail/Office - FOR SALE
1/7
null | 3.05% Cap Rate

200 W Ash St
Globe, AZ 85501


HIGHLIGHTS

  • Empire Machinery is a National, high value tenant. Lease term until 2027 with a 5 year option to extend. Full Triple Net Lease.

OVERVIEW

Building total is 13,736 square feet. Empire machinery is a National high value tenant leasing the entire property. Full triple net lease. Empire has been a long term tenant since 2014 with 5 years remaining on their lease (expires 2027) and one 5 year option. 3% annual rental increases. Cap rate of 5.01%. Building is at a prime location in the center of Globe with highway 60 frontage and a billboard on site.

FOR SALE DETAILS

PRICE

$2,600,000 USD

PRICE/SF

$189 USD /SF

CAP RATE

3.05%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Empire-Cat Building Full NNN Lease for Sale

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

ADD'L SUBTYPES

Manufacturing, Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1963

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.4 AC

LAND SF

60,984 SF

ZONING

C-3

APN/PARCEL ID

208-03-194B,208-03-195A,208-03-373C

ASK ABOUT THIS PROPERTY

Clint NicholsClint NicholsMore Info
602-525-5538

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Clint NicholsClint NicholsMore Info
602-525-5538

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.