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Restaurant Space with Dual Kitchens
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1002 Cochise Dr, Douglas, AZ 85607

An open dining area and room for two commercial kitchens provide a flexible restaurant configuration.

Property Size6,001 SF
Price / SF$0.17
Days on Market9

Property Features for 1002 Cochise Dr

General Information

Standard status Active
Size 6,001 SF

Property Condition

Severity Repairs Needed
Evidence Some renovations and improvements will be needed to restore the space to full restaurant functionality

Building Details

Year Built 1989
Listing Agency: Douglas Realty Group
Listed By: Leopoldo Gutierrez · License #SA669434000
Source: Findyourphoenixazhome
Added: Oct 12 Changed: Oct 19 Last Checked: Oct 19 at 2:27PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Douglas Realty Group

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Investment Insights

Based on property information with market context.

The 6,001-square-foot restaurant property at 1002 Cochise Dr in Douglas includes an open dining and seating area, plus space for two commercial kitchens. The building dates to 1989 and will require renovation before it is ready for restaurant operations.

On-site customer parking is available. The existing layout provides a starting point for reworking the dining and kitchen areas to suit a food-service operation.

Key Highlights

  • 6,001‑square‑foot restaurant property
  • Open dining and seating area
  • Space for two commercial kitchens

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$62,245
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,244,900 $1.2M
Cap Rate 7%
$889,214 $889.2K
Cap Rate 9%
$691,611 $691.6K
Market Conditions
NOI Build-Up for 6,001 SF
Gross rent
$90.0K $15.00/SF
− Vacancy
−$7.0K −$1.17/SF
EGI
$83.0K $13.83/SF
− OpEx
−$20.7K −$3.46/SF
NOI
$62.2K $10.37/SF
Area
Cochise County, AZ
Vacancy
7.80%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,244,900
Cap Rate 7%
$889,214
Cap Rate 9%
$691,611

Alternative Uses

Best Use
Specialty Retail
$889.2K
$778.1K – $1.04M (±1% cap)
NOI $62,245 @ 7.0% cap · market cap 6,224.50%
Second Best
—
—
no second resolved use
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply Restaurant Dental Office Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

258
Businesses Nearby
33k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 100%
Dollar General Shops & Services
8,662 visits/mo 0.2 miles
Wells Fargo Shops & Services
7,497 visits/mo 0.5 miles
Speedway Shops & Services
6,444 visits/mo 0.4 miles
Family Dollar Shops & Services
6,235 visits/mo 0.4 miles
Watermill Express Shops & Services
2,423 visits/mo 0.2 miles

Demographics for 85607, AZ

17,738
Population
6,811
Households
2.6
Avg Household Size
35
Median Age
15%
College-Educated
78%
High-School Grad
778.4 sq mi
ZIP Area
23
Density / Sq Mi
$40,576
Median Household Income
$27,474
Median Earnings
$750
Median Rent
$134,000
Median Home Value

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025

Frequently Asked Questions

What type of property is this?
Conventional restaurant - An open dining area and room for two commercial kitchens provide a flexible restaurant configuration.
Where is this conventional restaurant located?
The property is located at 1002 Cochise Dr Douglas, AZ.
What are key features of this property?
This property features: 6,001‑square‑foot restaurant property; Open dining and seating area; Space for two commercial kitchens
More about this property
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