Listing Agency: LevRose Commercial Real Estate Show Phone

Listed By: Aaron Norwood · License #SA561466000 Show Phone

Source: Moodyscre

Added: Jul 2 Changed: Oct 8 Last Checked: Oct 20 at 11:13PM

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Investment Insights

Based on property information with market context.

This established convenience store offers an approximately 2,400 SF main building, with inventory included. The property also includes a 1,960 SF mobile home described as restaurant ready to activate, and a separate 1,960 SF mobile home described as a U-Haul license ready option.

The listing provides an address in Black Canyon City, AZ and is offered for sale.

In addition to the convenience store operations, the seller notes both restaurant activation readiness and a U-Haul license readiness for the mobile unit, and also states the mobile home is a 3/2 configuration and ready to lease.

Key Highlights

• Established convenience store included in the sale
• 2,400 SF main building plus 1,960 SF mobile unit
• Inventory included

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$41,604

Cap Rate

4.89%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$832,080 $832.1K

Cap Rate 7%

$594,343 $594.3K

Cap Rate 9%

$462,267 $462.3K

Is this asking price fair?

Market Conditions

NOI Build-Up for 2,400 SF

Gross rent

$62.5K $26.04/SF

− Vacancy

−$3.1K −$1.28/SF

EGI

$59.4K $24.76/SF

− OpEx

−$17.8K −$7.43/SF

NOI

$41.6K $17.33/SF

Area

Yavapai County, AZ

Vacancy

4.90%

Lease Rate

$26.04 /SF/Yr

Expense Ratio

30.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$832,080

Cap Rate 7%

$594,343

Cap Rate 9%

$462,267

Alternative Uses

Best Use

Retail

$594.3K

$520.1K – $693.4K (±1% cap)

NOI $41,604 @ 7.0% cap · market cap 4.89%

Second Best

Specialty Retail

$455.9K

$398.9K – $531.8K (±1% cap)

NOI $31,910 @ 7.0% cap · market cap 3.75%

Theoretical Best

Warehouse

$804.0K

$703.5K – $938.0K (±1% cap)

NOI $56,280 @ 7.0% cap · market cap 6.62%

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

Property Analytics

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Current Use

Grocery and convenience stores

Suggested Use

Top Pick Electrical Service Building Supply Plumbing Service Auto Parts Store Grocery & Convenience Store (Bike/Boat/Book/etc) Store

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

Lease Details

Turnkey business

Opportunity

Location Intelligence

Trade Area within ½ mile

27

Businesses Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Demographics for 85324, AZ

2,720

Population

1,261

Households

2.2

Avg Household Size

57

Median Age

20%

College-Educated

82%

High-School Grad

327.8 sq mi

ZIP Area

8

Density / Sq Mi

$69,718

Median Household Income

$34,567

Median Earnings

$286,900

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 - Established convenience store for sale with a 2,400 SF main building plus a 1,960 SF mobile home.

Where is this grocery and convenience store located?

The property is located at 20501 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: Established convenience store included in the sale; 2,400 SF main building plus 1,960 SF mobile unit; Inventory included