Flex Space with Drive-In
For Sale
$1,750,000
1120 N Tegner Street, Wickenburg, AZ 85390
The building combines customer-facing space with storage, a private office, and separate guest and employee restrooms.
Property Size5,001 SF
Price / SF$349.93
Days on Market454
Property Features for 1120 N Tegner Street
General Information
Standard status
Active
Size
5,001 SF
Property subtype
Commercial
Zoning
0M-XX Mixed Use
Additional Details
Drive-In Doors
2
Taxes and HOA fees
Annual Taxes
$9,873
Amenities
monument sign
Building Details
Building Size
5,001 SF
Year Built
2008
Buildings
1
Stories
1
Listing Agency:
Tinzie Realty
(602) 882-2831
Listed By:
Shanna Grossman · License #BR555200000
(602) 882-2831
Source:
Aznewhorizonrealty
Added: May 6, 2025
Changed: Aug 2
Last Checked: Aug 2 at 3:28AM
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.
Located at 1120 N Tegner Street in Wickenburg, this 2008 flex property pairs an open front area with vaulted ceilings and a customer-oriented layout. The front section includes two guest restrooms, while the rear portion provides substantial storage, a private office, and an employee restroom. Two oversized drive-in doors connect directly to the storage area, supporting practical movement of goods and equipment.
A monument sign and ample on-site parking serve the property along one of Wickenburg’s main corridors. The site also includes an open area behind the building that may accommodate expansion, outdoor storage, additional parking, or other improvements subject to the 0M-XX Mixed Use zoning allowances. The adaptable interior can support retail, showroom, or service-based operations as configured.
A monument sign and ample on-site parking serve the property along one of Wickenburg’s main corridors. The site also includes an open area behind the building that may accommodate expansion, outdoor storage, additional parking, or other improvements subject to the 0M-XX Mixed Use zoning allowances. The adaptable interior can support retail, showroom, or service-based operations as configured.
Key Highlights
- Flex space at 1120 N Tegner Street in Wickenburg, AZ
- 0M‑XX Mixed Use zoning
- Built in 2008
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
NOI $63,055 @ 7.0% cap · market cap 3.60%
Second Best
Warehouse
$734.6K
$642.8K – $857.0K
NOI $51,420 @ 7.0% cap · market cap 2.94%
Theoretical Best
Office A
$1.55M
$1.35M – $1.80M
NOI $108,286 @ 7.0% cap · market cap 6.19%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
2
Drive-in doors
Location Intelligence
Trade Area within ½ mile
63
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 85390, AZ
9,102
Population
5,702
Households
1.6
Avg Household Size
62
Median Age
35%
College-Educated
96%
High-School Grad
475.6 sq mi
ZIP Area
19
Density / Sq Mi
$65,985
Median Household Income
$43,070
Median Earnings
$1,234
Median Rent
$465,800
Median Home Value
Market
Vacancy Rate% for Industrial in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - The building combines customer-facing space with storage, a private office, and separate guest and employee restrooms.
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 $1,750,000.
What are key features of this property?
This property features: Flex space at 1120 N Tegner Street in Wickenburg, AZ; 0M‑XX Mixed Use zoning; Built in 2008