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Flex Retail Showroom Building

1120 N TEGNER Street Wickenburg, AZ 85390

1120 N TEGNER Street, Wickenburg, AZ, 85390
$1,995,000
For Sale
$1,995,000

Flexible commercial building with vaulted customer area, two oversized drive-in doors, and ample on-site parking.

Property Size5,001 SF
Price / SF$398.92
Days on Market442

Property Features for 1120 N TEGNER Street

General Information

Standard status
Active
Size
5,001 SF
Property subtype
Commercial/Industrial

Building Details

Year Built
2008
Listing agency Tinzie Realty
Listed by Shanna Grossman · License #BR555200000
Source Exitrealty
Added: May 7, 2025 Updated: Jul 21 at 12:14AM Checked: Jul 21 at 4:54AM

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 Tinzie Realty


Investment Insights

Based on property information with market context.

This versatile 5,000-square-foot commercial building is set up for visibility, access, and adaptable use. The front customer area features vaulted ceilings and an open, reconfigurable layout that can support retail, showroom, or service-based operations. Two guest restrooms are located within the customer portion of the building.

Behind the public space, the property includes a large storage area served by two oversized drive-in doors, along with a private office and an employee restroom for day-to-day workflow. The site also provides an open, usable area at the rear of the property, which may support outdoor storage, additional parking, or future improvements, subject to zoning allowances.

An on-site monument sign and ample parking are included to support customer access and daily exposure along a main corridor in Wickenburg.

Key Highlights

  • 5,000 SF commercial building built in 2008 on one of Wickenburg’s main corridors.
  • Front customer area features vaulted ceilings and an open, adaptable layout for reconfiguration.
  • Two guest restrooms are located within the customer area.

Local Financial Insights For Retail

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $94.8k $18.96
− Vacancy −$4.7k −$0.95
EGI $90.1k $18.01
− OpEx −$27.0k −$5.40
NOI $63.1k $12.61
5,001 SF · lease $18.96/SF/yr · vacancy 5.00% · expense 30.00%

Alternative Uses

Best Use
Retail
$900.8K
$788.2K – $1.05M (±1% cap)
NOI $63,055 @ 7.0% cap · market cap 3.16%
Second Best
Industrial
$569.7K
$498.5K – $664.7K (±1% cap)
NOI $39,879 @ 7.0% cap · market cap 2.00%
Theoretical Best
Office A
$1.55M
$1.35M – $1.80M (±1% cap)
NOI $108,286 @ 7.0% cap · market cap 5.43%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

The Twisted Dogwood Furniture & Home Goods

Suggested Use

Dental Office Auto Parts Store Storage Facility Furniture & Home Goods Law Firm (Bike/Boat/Book/etc) Store Hair Salon Barber Shop Gym & Fitness Center Computer & Electronic Repair

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Flex space - Flexible commercial building with vaulted customer area, two oversized drive-in doors, and ample on-site parking.
Where is this flex space located?
The property is located at 1120 N TEGNER Street Wickenburg, AZ.
What is the asking price?
The asking price for this property is $1,995,000.
What are key features of this property?
This property features: 5,000 SF commercial building built in 2008 on one of Wickenburg’s main corridors.; Front customer area features vaulted ceilings and an open, adaptable layout for reconfiguration.; Two guest restrooms are located within the customer area.
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