Flex Retail Showroom
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 Market441
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
(602) 882-2831
Listed by
Shanna Grossman · License #BR555200000
(602) 882-2831
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.
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
NOI $63,055 @ 7.0% cap · market cap 3.16%
Second Best
Industrial
$569.7K
$498.5K – $664.7K
NOI $39,879 @ 7.0% cap · market cap 2.00%
Theoretical Best
Office A
$1.55M
$1.35M – $1.80M
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
Similar For Sale Nearby
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.
