621 W WICKENBURG Way, Wickenburg, AZ 85390
Well-established building with long-term tenant and expansion potential.
- Added:
- Jan 16, 2025
- Days on Market:
- 536
- Last Refresh:
- Jul 4 at 6:31 am
Property Features for 621 W WICKENBURG Way
General Information
- Standard status
- Active
- Size
- 2,418 SF
- Lot size
- 0.56 Acres
- Property subtype
- Commercial/Industrial
Building Details
- Year Built
- 1955
Listing office Century 21 Arizona West (928) 231-2323
Listing date Jan 16, 2025
Source Exitrealty
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HighLights
- Well‑established building with a long‑term (34+ year) Chinese restaurant tenant.
- Includes 4 parcels, offering significant expansion potential.
- C3 Zoning allows for a variety of commercial uses.
- Building and all 4 parcels are included in the sale.
- Tenant is open to signing a long‑term lease.
- Current rental income of $3,200.00 per month.
Overview
Local Financial Insights For Specialty 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 | $58.0k | $24.00 |
| − Vacancy | −$3.8k | −$1.56 |
| EGI | $54.3k | $22.44 |
| − OpEx | −$13.6k | −$5.61 |
| NOI | $40.7k | $16.83 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Wickenburg
- County
- Maricopa
- State
- Arizona
- Longitude
- -112.741261
- Latitude
- 33.966126