Single-Story Restaurant
For Sale
$1,500,000
1371 Hancock Rd, Bullhead City, AZ 86442
Single-story restaurant building with a drive-through window for one unit and shared restroom service.
Property Size4,787 SF
Lot Size0.66 Acres
Price / SF$313.35
Days on Market13
Property Features for 1371 Hancock Rd
General Information
Standard status
Active
Size
4,787 SF
Lot size
0.66 Acres
Site & Location
Highway Access
Yes
Road Access
Yes
Additional Details
Cap Rate
5.7%
Building Details
Year Built
2004
Stories
1
Tenancy
Multi
Listing Agency:
Sondgeroth Real Estate Group, LLC
(928) 234-5616
Listed By:
Jessica Topol · License #SA666220000
Source:
Sellinghavasu
Added: Jul 20
Changed: Jul 21
Last Checked: Jul 31 at 9:13AM
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 Sondgeroth Real Estate Group, LLC
Investment Insights
Based on property information with market context.
This single-story restaurant building includes multiple concepts within one property, including Little Caesar’s and The Sushi Spot. One unit features a drive-through window, and tenants share restroom facilities in a described common area of 500 sq. Upper areas were designed for advertising purposes.
The property sits on a large corner lot with ample parking available on both the east and west sides. It is located on Hancock Road and is visible from one of Highway 95’s busiest intersections, supporting strong day-to-day visibility.
The building is configured for restaurant operations with shared common restrooms and dedicated space for each tenant concept, with on-site parking intended to serve customer access from the corner lot.
The property sits on a large corner lot with ample parking available on both the east and west sides. It is located on Hancock Road and is visible from one of Highway 95’s busiest intersections, supporting strong day-to-day visibility.
The building is configured for restaurant operations with shared common restrooms and dedicated space for each tenant concept, with on-site parking intended to serve customer access from the corner lot.
Key Highlights
- Single‑story restaurant building built in 2004
- Includes a drive‑through window for the Little Caesar's unit
- National tenant (Little Caesar's) in place for 17+ years, plus The Sushi Spot as an additional tenant
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 | $86.2k | $18.00 |
| − Vacancy | −$5.6k | −$1.17 |
| EGI | $80.6k | $16.83 |
| − OpEx | −$20.1k | −$4.21 |
| NOI | $60.4k | $12.62 |
4,787 SF · lease $18.00/SF/yr · vacancy 6.50% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$863.2K
$755.3K – $1.01M
NOI $60,424 @ 7.0% cap · market cap 4.03%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.07M
$935.2K – $1.25M
NOI $74,815 @ 7.0% cap · market cap 4.99%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
751
Businesses Nearby
226k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 57%
Shops & Services 26%
Groceries 8%
Home Improvements & Furnishings 7%
McDonald's
Dining
24,543 visits/mo
0.3 miles
Hobby Lobby
Shops & Services
24,074 visits/mo
0.3 miles
Fastrip
Shops & Services
22,740 visits/mo
0.2 miles
Smart & Final
Groceries
19,081 visits/mo
0.4 miles
Dutch Bros. Coffee
Dining
19,000 visits/mo
0.3 miles
Demographics for 86442, AZ
34,171
Population
19,581
Households
1.7
Avg Household Size
53
Median Age
14%
College-Educated
85%
High-School Grad
28.2 sq mi
ZIP Area
1,212
Density / Sq Mi
$45,486
Median Household Income
$28,702
Median Earnings
$1,000
Median Rent
$174,400
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Single-story restaurant building with a drive-through window for one unit and shared restroom service.
Where is this conventional restaurant located?
The property is located at 1371 Hancock Rd Bullhead City, AZ.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: Single‑story restaurant building built in 2004; Includes a drive‑through window for the Little Caesar's unit; National tenant (Little Caesar's) in place for 17+ years, plus The Sushi Spot as an additional tenant
