Strip Center with Ample
For Sale
$800,000
1320 N San Antonio Avenue, Douglas, AZ 85607
Well-located strip center offers multiple income-producing spaces with strong visibility and parking-friendly access for tenant and investor use.
Property Size10,688 SF
Price / SF$74.85
Days on Market95
Property Features for 1320 N San Antonio Avenue
General Information
Standard status
Active
Size
10,688 SF
Property subtype
Commercial
Zoning
Commercial
Taxes and HOA fees
Annual Taxes
$4,341
Building Details
Building Size
10,688 SF
Year Built
1977
Buildings
2
Tenancy
Multi
Listing Agency:
Douglas Realty Group
(520) 990-0607
Listed By:
Daniela Teran
(520) 990-0607
Source:
Aznewhorizonrealty
Added: May 21
Changed: Aug 23
Last Checked: Aug 23 at 3:20AM
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 Douglas Realty Group
Investment Insights
Based on property information with market context.
This commercial strip center is configured to support multiple income-producing spaces, offering flexibility for a range of retail, office, and service-based tenants. The property is positioned to provide strong visibility and traffic exposure, with a layout designed to accommodate different operating needs while maintaining practical day-to-day functionality. With ample parking and easy access, the center is built for consistent customer and employee convenience.
The asset is situated in the growing community of Douglas, Arizona, in a high-demand area near established businesses and residential neighborhoods. This location profile can be a useful fit for operators seeking steady local footfall and straightforward access for customers coming from surrounding areas.
For investors, the center’s multi-space structure supports portfolio diversification and ongoing leasing opportunities. For owner-users, the flexible layout and tenant-friendly placement can help streamline expansion or establish a single operation with the option to lease additional space. Overall, the property presents a straightforward acquisition opportunity in a visible, parking-supported neighborhood retail and service setting.
The asset is situated in the growing community of Douglas, Arizona, in a high-demand area near established businesses and residential neighborhoods. This location profile can be a useful fit for operators seeking steady local footfall and straightforward access for customers coming from surrounding areas.
For investors, the center’s multi-space structure supports portfolio diversification and ongoing leasing opportunities. For owner-users, the flexible layout and tenant-friendly placement can help streamline expansion or establish a single operation with the option to lease additional space. Overall, the property presents a straightforward acquisition opportunity in a visible, parking-supported neighborhood retail and service setting.
Key Highlights
- Commercial strip center in Douglas, Arizona
- Multiple income‑producing spaces within the strip center
- Ample parking on‑site
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$68,991
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.62%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,379,820
$1.4M
Cap Rate 7%
$985,586
$985.6K
Cap Rate 9%
$766,567
$766.6K
Market Conditions
NOI Build-Up for 10,688 SF
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.
Gross rent
$121.8K $11.40/SF
− Vacancy
−$23.3K −$2.18/SF
EGI
$98.6K $9.22/SF
− OpEx
−$29.6K −$2.77/SF
NOI
$69.0K $6.46/SF
Area
Cochise County, AZ
Vacancy
19.11%
Lease Rate
$11.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,379,820
Cap Rate 7%
$985,586
Cap Rate 9%
$766,567
Alternative Uses
Best Use
Retail
$985.6K
$862.4K – $1.15M
NOI $68,991 @ 7.0% cap · market cap 8.62%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.58M
$1.39M – $1.85M
NOI $110,861 @ 7.0% cap · market cap 13.86%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
262
Businesses Nearby
33k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Dollar General
Shops & Services
8,662 visits/mo
0.1 miles
Wells Fargo
Shops & Services
7,497 visits/mo
0.3 miles
Speedway
Shops & Services
6,444 visits/mo
0.2 miles
Family Dollar
Shops & Services
6,235 visits/mo
0.2 miles
Watermill Express
Shops & Services
2,423 visits/mo
0.1 miles
Demographics for 85607, AZ
17,738
Population
6,811
Households
2.6
Avg Household Size
35
Median Age
15%
College-Educated
78%
High-School Grad
778.4 sq mi
ZIP Area
23
Density / Sq Mi
$40,576
Median Household Income
$27,474
Median Earnings
$750
Median Rent
$134,000
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?
Strip mall - Well-located strip center offers multiple income-producing spaces with strong visibility and parking-friendly access for tenant and investor use.
Where is this strip mall located?
The property is located at 1320 N San Antonio Avenue Douglas, AZ.
What is the asking price?
The asking price for this property is $800,000.
What are key features of this property?
This property features: Commercial strip center in Douglas, Arizona; Multiple income‑producing spaces within the strip center; Ample parking on‑site
