Single-Story Restaurant
1371 Hancock Rd Bullhead City, AZ 86442
New
1371 Hancock Rd, Bullhead City, AZ, 86442
$1,500,000
For Sale
$1,500,000
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 Market2
Property Features for 1371 Hancock Rd
General Information
- Standard status
- Active
- Size
- 4,787 SF
- Lot size
- 0.66 Acres
Building Details
- Year Built
- 2004
Listing agency
Sondgeroth Real Estate Group, LLC
(928) 234-5616
Listed by
Jessica Topol · License #SA666220000
Source
Sellinghavasu
Added: Jul 20 Updated: Jul 21 at 5:08AM Checked: Jul 21 at 5:08AM
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
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 | $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 local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Little Caesars Pizza
Restaurant
Sushi Express
Restaurant
Similar For Sale Nearby
FAQs
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
