Storefront Building with Boulevard
For Sale
$1,095,000
16901 E PALISADES Boulevard, Fountain Hills, AZ 85268
Commercial storefront building with flexible use potential and frontage along Palisades Boulevard in Fountain Hills.
Property Size5,095 SF
Price / SF$219
Days on Market127
Property Features for 16901 E PALISADES Boulevard
General Information
Standard status
Active
Size
5,095 SF
Property subtype
COMMERCIAL
Site & Location
Frontage
120 ft
Road Access
Yes
Taxes and HOA fees
Annual Taxes
$4,786
Building Details
Building Size
5,095 SF
Year Built
2000
Buildings
1
Listing Agency:
The Maricopa Real Estate Company
(602) 359-5170
Listed By:
Steve Murray · License #BR564024000
(602) 359-5170
Source:
Jcluxuryresidential
Added: Mar 31
Changed: Aug 4
Last Checked: Aug 4 at 8:57AM
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 The Maricopa Real Estate Company
Investment Insights
Based on property information with market context.
This storefront property contains approximately 5,000 square feet and was constructed in 2000. The building offers a commercial format suitable for a range of potential uses, subject to applicable approvals and requirements.
The property is positioned along Palisades Boulevard in Fountain Hills, with 120 feet of frontage. Its address is 16901 E Palisades Boulevard, Fountain Hills, AZ 85268, providing a clearly identified location for retail or other storefront-oriented operations.
The property is positioned along Palisades Boulevard in Fountain Hills, with 120 feet of frontage. Its address is 16901 E Palisades Boulevard, Fountain Hills, AZ 85268, providing a clearly identified location for retail or other storefront-oriented operations.
Key Highlights
- Approximately 5,000 square feet of building area
- 120 feet of frontage on Palisades Boulevard
- Constructed in 2000
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 | $63.0k | $12.61 |
5,000 SF · lease $18.96/SF/yr · vacancy 5.00% · expense 30.00%
Alternative Uses
Best Use
Retail
$900.6K
$788.0K – $1.05M
NOI $63,042 @ 7.0% cap · market cap 5.76%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.55M
$1.35M – $1.80M
NOI $108,264 @ 7.0% cap · market cap 9.89%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
296
Businesses Nearby
22k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 57%
Dining 43%
Chevron
Shops & Services
12,655 visits/mo
0.5 miles
Burger King
Dining
9,666 visits/mo
0.5 miles
Demographics for 85268, AZ
24,031
Population
13,429
Households
1.8
Avg Household Size
61
Median Age
50%
College-Educated
97%
High-School Grad
20.5 sq mi
ZIP Area
1,172
Density / Sq Mi
$105,288
Median Household Income
$55,054
Median Earnings
$1,781
Median Rent
$576,700
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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Frequently Asked Questions
What type of property is this?
Storefront property - Commercial storefront building with flexible use potential and frontage along Palisades Boulevard in Fountain Hills.
Where is this storefront property located?
The property is located at 16901 E PALISADES Boulevard Fountain Hills, AZ.
What is the asking price?
The asking price for this property is $1,095,000.
What are key features of this property?
This property features: Approximately 5,000 square feet of building area; 120 feet of frontage on Palisades Boulevard; Constructed in 2000
