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Former Wendy's Restaurant
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2050 East Cesar Chavez Boulevard, San Luis, AZ 85349

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 Market126

Property Features for 2050 East Cesar Chavez Boulevard

General Information

Standard status Active
Size 2,490 SF
Property subtype Retail
Zoning C-2
Lease Type NNN
Investment Type Owner/User
Listing Agency: A.T. Pancrazi Real Estate Services Inc
Listed By: Chase Pancrazi · License #SA711630000
Source: Crexi
Added: Jun 18 Changed: Oct 16 Last Checked: Oct 20 at 8:39PM

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

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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.

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

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$89,525
Cap Rate
3.65%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,790,500 $1.8M
Cap Rate 7%
$1,278,929 $1.3M
Cap Rate 9%
$994,722 $994.7K
Market Conditions
NOI Build-Up for 2,490 SF
Gross rent
$124.6K $50.04/SF
− Vacancy
−$5.2K −$2.10/SF
EGI
$119.4K $47.94/SF
− OpEx
−$29.8K −$11.98/SF
NOI
$89.5K $35.95/SF
Area
Yuma County, AZ
Vacancy
4.20%
Lease Rate
$50.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,790,500
Cap Rate 7%
$1,278,929
Cap Rate 9%
$994,722

Alternative Uses

Best Use
Specialty Retail
$1.28M
$1.12M – $1.49M (±1% cap)
NOI $89,525 @ 7.0% cap · market cap 3.65%
Second Best
—
—
no second resolved use
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Conventional restaurants

Location Intelligence

Trade Area within ½ mile

437
Businesses Nearby

Demographics for 85349, AZ

28,039
Population
6,907
Households
4.1
Avg Household Size
32
Median Age
8%
College-Educated
54%
High-School Grad
22.6 sq mi
ZIP Area
1,241
Density / Sq Mi
$55,717
Median Household Income
$25,668
Median Earnings
$698
Median Rent
$196,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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?
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
(928) 246-7949 Call to check price and availability
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