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Building Details

Building Size 2,400 SF

Listing Agency: LevRose Commercial Real Estate

Listed By: Aaron Norwood · License #SA561466000 Show Phone

Source: Tcnworldwide

Added: May 14 Changed: Oct 15 Last Checked: Oct 14 at 9:09PM

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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 LevRose Commercial Real Estate

Investment Insights

Based on property information with market context.

Convenience store property located at 20301 E Squaw Valley Road in Black Canyon City, Arizona. The asset is identified as an established convenience store.

Key Highlights

• Existing convenience store operation
• 20301 E Squaw Valley Road address
• Located in Black Canyon City, AZ 85234

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$40,392

Cap Rate

4.75%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$807,840 $807.8K

Cap Rate 7%

$577,029 $577.0K

Cap Rate 9%

$448,800 $448.8K

Is this asking price fair?

Market Conditions

NOI Build-Up for 2,400 SF

Gross rent

$57.6K $24.00/SF

− Vacancy

−$3.7K −$1.56/SF

EGI

$53.9K $22.44/SF

− OpEx

−$13.5K −$5.61/SF

NOI

$40.4K $16.83/SF

Area

Maricopa County, AZ

Vacancy

6.50%

Lease Rate

$24.00 /SF/Yr

Expense Ratio

25.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$807,840

Cap Rate 7%

$577,029

Cap Rate 9%

$448,800

Alternative Uses

Best Use

Specialty Retail

$577.0K

$504.9K – $673.2K (±1% cap)

NOI $40,392 @ 7.0% cap · market cap 4.75%

Second Best

Retail

$432.3K

$378.3K – $504.3K (±1% cap)

NOI $30,260 @ 7.0% cap · market cap 3.56%

Theoretical Best

Office A

$742.4K

$649.6K – $866.1K (±1% cap)

NOI $51,967 @ 7.0% cap · market cap 6.11%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

The Spot Grocery & Convenience Store U-Haul Neighborhood Dealer Car Rental Facility Country Market Grocery & Convenience Store

Suggested Use

Top Pick Building Supply Plumbing Service Grocery & Convenience Store (Bike/Boat/Book/etc) Store Big Box & Wholesale Store Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

27

Businesses Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Demographics for 85234, AZ

51,051

Population

17,488

Households

2.9

Avg Household Size

36

Median Age

46%

College-Educated

96%

High-School Grad

11.9 sq mi

ZIP Area

4,290

Density / Sq Mi

$118,012

Median Household Income

$54,080

Median Earnings

$1,971

Median Rent

$488,600

Median Home Value

Market

Vacancy Rate% for Retail in West region

7% 2020

6.3% 2021

5.5% 2022

5.3% 2023

5.5% 2024

5.8% 2025

Frequently Asked Questions

What type of property is this?

Grocery and convenience store - Existing convenience store operation along E Squaw Valley Road.

Where is this grocery and convenience store located?

The property is located at 20301 E SQUAW VALLEY RD Black Canyon City, AZ.

What is the asking price?

The asking price for this property is $850,000.

What are key features of this property?

This property features: Existing convenience store operation; 20301 E Squaw Valley Road address; Located in Black Canyon City, AZ 85234