Retail Space with Private
For Sale
$749,000
Pending
11375 S Fortuna Rd STE F, Yuma, AZ 85367
Commercial condominium with a multi-office layout, reception area, conference room, break room, and restrooms.
Property Size2,283 SF
Days on Market241
Property Features for 11375 S Fortuna Rd STE F
General Information
Standard status
Pending
Size
2,283 SF
Property subtype
Commercial/Industrial
Additional Details
Road Access
Yes
Taxes and HOA fees
Annual Taxes
$4,630
Building Details
Year Built
2018
Listing Agency:
Keller Williams Realty Yuma
(928) 247-6180
Listed By:
Jill Estes · License #SA548668000
(928) 246-5624
Source:
Exitrealty
Added: Feb 19
Changed: Sep 10
Last Checked: Sep 15 at 4:26AM
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 Keller Williams Realty Yuma
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Investment Insights
Based on property information with market context.
This 2283 sq ft commercial condominium at 11375 S Fortuna Rd STE F includes 8 private offices, a reception area, a large conference area, a break room, and 2 bathrooms. The configuration supports retail, office, and service-based business uses, with a layout that can accommodate different operating needs.
The property is positioned along a Foothills corridor in Yuma with frontage and visibility from the roadway. Ample parking and surrounding businesses are also noted, providing practical access for occupants and visitors. Built in 2018, the property offers a defined commercial setting for an owner-user or investor.
The property is positioned along a Foothills corridor in Yuma with frontage and visibility from the roadway. Ample parking and surrounding businesses are also noted, providing practical access for occupants and visitors. Built in 2018, the property offers a defined commercial setting for an owner-user or investor.
Key Highlights
- 2283 sq ft commercial condominium
- 8 private offices with reception and large conference area
- Break room and 2 bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$34,987
Cap Rate
4.67%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$699,740
$699.7K
Cap Rate 7%
$499,814
$499.8K
Cap Rate 9%
$388,744
$388.7K
Market Conditions
NOI Build-Up for 2,283 SF
Gross rent
$60.3K $26.40/SF
− Vacancy
−$13.6K −$5.97/SF
EGI
$46.6K $20.43/SF
− OpEx
−$11.7K −$5.11/SF
NOI
$35.0K $15.33/SF
Area
Yuma County, AZ
Vacancy
22.60%
Lease Rate
$26.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$699,740
Cap Rate 7%
$499,814
Cap Rate 9%
$388,744
Alternative Uses
Best Use
Office B
$499.8K
$437.3K – $583.1K
NOI $34,987 @ 7.0% cap · market cap 4.67%
Second Best
Retail
$330.7K
$289.4K – $385.8K
NOI $23,148 @ 7.0% cap · market cap 3.09%
Theoretical Best
Specialty Retail
$1.17M
$1.03M – $1.37M
NOI $82,082 @ 7.0% cap · market cap 10.96%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
512
Businesses Nearby
Explore this area
Business Placement
Demographics for 85367, AZ
21,303
Population
16,265
Households
1.3
Avg Household Size
64
Median Age
17%
College-Educated
90%
High-School Grad
37.6 sq mi
ZIP Area
567
Density / Sq Mi
$55,766
Median Household Income
$37,196
Median Earnings
$1,205
Median Rent
$184,500
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Retail space - Commercial condominium with a multi-office layout, reception area, conference room, break room, and restrooms.
Where is this retail space located?
The property is located at 11375 S Fortuna Rd STE F Yuma, AZ.
What is the asking price?
The asking price for this property is $749,000.
What are key features of this property?
This property features: 2283 sq ft commercial condominium; 8 private offices with reception and large conference area; Break room and 2 bathrooms
