Retail Storefront with Service
For Sale
$595,000
200 South Ironwood Drive, Apache Junction, AZ 85120
Retail storefront with adaptable interior layout, durable finishes, efficient mechanical systems, and dedicated service entrance.
Property Size2,016 SF
Days on Market141
Property Features for 200 South Ironwood Drive
General Information
Standard status
Active
Size
2,016 SF
Property subtype
Retail
Building Details
Building Size
2,016 SF
Year Built
1982
Listing Agency:
Commercial Properties Inc
Listed By:
Rex Griswold · License #SA630241000
(480) 244-7222
Source:
Cpiaz
Added: Jun 2
Changed: Oct 12
Last Checked: Oct 19 at 3:27AM
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 Commercial Properties Inc
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
200 S Ironwood Drive is a retail storefront property designed with a versatile, adaptable interior layout. The interior includes durable finishes throughout, efficient mechanical systems, and lighting and ceiling heights intended to support merchandise presentation.
The property features high-visibility frontage along a well-traveled thoroughfare and includes generous on-site parking for customer convenience. A dedicated service entrance supports streamlined deliveries and operations.
Exterior improvements include exterior lighting for security and convenience and well-maintained landscaping that supports curb appeal. The property also offers signage opportunities for tenant identification and presence.
The property features high-visibility frontage along a well-traveled thoroughfare and includes generous on-site parking for customer convenience. A dedicated service entrance supports streamlined deliveries and operations.
Exterior improvements include exterior lighting for security and convenience and well-maintained landscaping that supports curb appeal. The property also offers signage opportunities for tenant identification and presence.
Key Highlights
- Retail property built in 1982 with an adaptable interior layout for a diverse tenant mix
- Well‑traveled frontage along South Ironwood Drive for storefront visibility
- Durable interior finishes designed for faster tenant build‑out
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,792
Cap Rate
3.33%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$395,840
$395.8K
Cap Rate 7%
$282,743
$282.7K
Cap Rate 9%
$219,911
$219.9K
Market Conditions
NOI Build-Up for 2,016 SF
Gross rent
$30.2K $15.00/SF
− Vacancy
−$2.0K −$0.98/SF
EGI
$28.3K $14.03/SF
− OpEx
−$8.5K −$4.21/SF
NOI
$19.8K $9.82/SF
Area
Pinal County, AZ
Vacancy
6.50%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$395,840
Cap Rate 7%
$282,743
Cap Rate 9%
$219,911
Alternative Uses
Best Use
Retail
$282.7K
$247.4K – $329.9K
NOI $19,792 @ 7.0% cap · market cap 3.33%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$557.3K
$487.7K – $650.2K
NOI $39,014 @ 7.0% cap · market cap 6.56%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
685
Businesses Nearby
71k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 59%
Dining 40%
Hotels & Casinos 1%
Dutch Bros. Coffee
Dining
18,274 visits/mo
0.4 miles
Circle K
Shops & Services
14,595 visits/mo
0.1 miles
Chase Bank
Shops & Services
8,891 visits/mo
0.3 miles
SONIC Drive In
Dining
8,510 visits/mo
0.4 miles
O'Reilly Auto Parts
Shops & Services
6,203 visits/mo
0.2 miles
Demographics for 85120, AZ
30,605
Population
17,430
Households
1.8
Avg Household Size
54
Median Age
14%
College-Educated
87%
High-School Grad
23.1 sq mi
ZIP Area
1,325
Density / Sq Mi
$53,921
Median Household Income
$35,155
Median Earnings
$958
Median Rent
$162,900
Median Home Value
Market
Vacancy Rate% for Retail in West region
Frequently Asked Questions
What type of property is this?
Retail space - Retail storefront with adaptable interior layout, durable finishes, efficient mechanical systems, and dedicated service entrance.
Where is this retail space located?
The property is located at 200 South Ironwood Drive Apache Junction, AZ.
What is the asking price?
The asking price for this property is $595,000.
What are key features of this property?
This property features: Retail property built in 1982 with an adaptable interior layout for a diverse tenant mix; Well‑traveled frontage along South Ironwood Drive for storefront visibility; Durable interior finishes designed for faster tenant build‑out
