Former Wendy's
2050 East Cesar Chavez Boulevard San Luis, AZ 85349
2050 East Cesar Chavez Boulevard, San Luis, AZ, 85349
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For Sale
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Former Wendy's restaurant situated at a signalized intersection on E. Cesar Chavez Boulevard in San Luis, Arizona.
Property Size2,490 SF
Price / SF$983.94
Days on Market35
Property Features for 2050 East Cesar Chavez Boulevard
General Information
- Standard status
- Active
- Size
- 2,490 SF
- Property subtype
- Retail
Listing agency
A.T. Pancrazi Real Estate Services Inc
(928) 782-0000
Listed by
Chase Pancrazi · License #SA711630000
Source
Crexi
Added: Jun 18 Updated: Jul 21 at 3:31PM Checked: Jul 21 at 3:31PM
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 A.T. Pancrazi Real Estate Services Inc
Investment Insights
Based on property information with market context.
This former Wendy’s restaurant offers a ready-made commercial building configuration for food service or compatible retail uses. The property size is listed at 2,490 square feet, and it is positioned to take advantage of its storefront presence.
Located at the signalized intersection of E. Cesar Chavez Boulevard in San Luis, Arizona, the site benefits from strong visibility and straightforward accessibility within a primary commercial corridor. The property is surrounded by established retail, medical, and service-oriented businesses, and it is near the San Luis Port of Entry and major community amenities.
Given the existing restaurant building and prominent intersection frontage, the asset may fit operators or retailers seeking a recognizable presence in a border-community retail environment.
Located at the signalized intersection of E. Cesar Chavez Boulevard in San Luis, Arizona, the site benefits from strong visibility and straightforward accessibility within a primary commercial corridor. The property is surrounded by established retail, medical, and service-oriented businesses, and it is near the San Luis Port of Entry and major community amenities.
Given the existing restaurant building and prominent intersection frontage, the asset may fit operators or retailers seeking a recognizable presence in a border-community retail environment.
Key Highlights
- Former Wendy's restaurant at a signalized intersection on E. Cesar Chavez Boulevard in San Luis, AZ
- Located on E. Cesar Chavez Boulevard within a primary commercial corridor
- Surrounded by established retail, medical, and service‑oriented businesses
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 | $124.6k | $50.04 |
| − Vacancy | −$5.2k | −$2.10 |
| EGI | $119.4k | $47.94 |
| − OpEx | −$29.8k | −$11.98 |
| NOI | $89.5k | $35.95 |
2,490 SF · lease $50.04/SF/yr · vacancy 4.20% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$1.28M
$1.12M – $1.49M
NOI $89,525 @ 7.0% cap · market cap 3.65%
Second Best
Retail
$360.7K
$315.6K – $420.8K
NOI $25,247 @ 7.0% cap · market cap 1.03%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Conventional restaurants
Similar For Sale Nearby
FAQs
What type of property is this?
Conventional restaurant - Former Wendy's restaurant situated at a signalized intersection on E. Cesar Chavez Boulevard in San Luis, Arizona.
Where is this conventional restaurant located?
The property is located at 2050 East Cesar Chavez Boulevard San Luis, AZ.
What is the asking price?
The asking price for this property is $2,450,000.
What are key features of this property?
This property features: Former Wendy's restaurant at a signalized intersection on E. Cesar Chavez Boulevard in San Luis, AZ; Located on E. Cesar Chavez Boulevard within a primary commercial corridor; Surrounded by established retail, medical, and service‑oriented businesses
