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Updated Storefront Property
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11011 W Buckeye Rd, Avondale, AZ 85329

The building offers 3,362 square feet, newer utilities, and an updated exterior.

Property Size3,362 SF
Price / SF$282.57
Days on Market200

Property Features for 11011 W Buckeye Rd

General Information

Standard status Active
Size 3,362 SF
Property subtype Retail

Additional Details

Utilities to Site Yes
Listing Agency: Arizona International Real Estate
Listed By: Talon Lewis · License #SA715916000
Source: Crexi
Added: Mar 31 Changed: Oct 6 Last Checked: Oct 14 at 10:39PM

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 Arizona International Real Estate

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Investment Insights

Based on property information with market context.

This storefront property contains 3,362 square feet and features newer utilities along with an updated exterior. The space is presented for potential use as a club, bar, or retail service operation, subject to applicable requirements.

The property is located at 11011 W Buckeye Rd in Avondale, Arizona 85329. Its storefront configuration and existing improvements provide a commercial setting for an operator seeking space along W Buckeye Rd.

Key Highlights

  • 3,362‑square‑foot storefront property
  • Newer utilities
  • Updated exterior

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$42,389
Cap Rate
4.46%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$847,780 $847.8K
Cap Rate 7%
$605,557 $605.6K
Cap Rate 9%
$470,989 $471.0K
Market Conditions
NOI Build-Up for 3,362 SF
Gross rent
$63.7K $18.96/SF
− Vacancy
−$3.2K −$0.95/SF
EGI
$60.6K $18.01/SF
− OpEx
−$18.2K −$5.40/SF
NOI
$42.4K $12.61/SF
Area
Maricopa County, AZ
Vacancy
5.00%
Lease Rate
$18.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$847,780
Cap Rate 7%
$605,557
Cap Rate 9%
$470,989

Alternative Uses

Best Use
Retail
$605.6K
$529.9K – $706.5K (±1% cap)
NOI $42,389 @ 7.0% cap · market cap 4.46%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.04M
$910.0K – $1.21M (±1% cap)
NOI $72,797 @ 7.0% cap · market cap 7.66%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Storefront properties

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply Dental Office Spa & Massage Center Hair Salon

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

Lease Details

Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

335
Businesses Nearby
139k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Groceries 51% Shops & Services 25% Dining 22% Electronics 1%
Fry's Groceries
70,358 visits/mo 0.4 miles
Burger King Dining
13,960 visits/mo 0.5 miles
Circle K Shops & Services
11,211 visits/mo 0.1 miles
Fry's Fuel Center Shops & Services
11,100 visits/mo 0.4 miles
Taco Bell Dining
9,281 visits/mo 0.3 miles

Demographics for 85329, AZ

2,438
Population
819
Households
3
Avg Household Size
31
Median Age
45%
High-School Grad
0.3 sq mi
ZIP Area
8,127
Density / Sq Mi
$36,292
Median Household Income
$25,172
Median Earnings
$1,213
Median Rent
$243,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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?
Storefront property - The building offers 3,362 square feet, newer utilities, and an updated exterior.
Where is this storefront property located?
The property is located at 11011 W Buckeye Rd Avondale, AZ.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: 3,362‑square‑foot storefront property; Newer utilities; Updated exterior
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