Retail and Office Building with Parking

2701 East Andy Devine Avenue Kingman, AZ 86401

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Large retail and office building currently at 100% occupancy, with an owner-led split plan and approximately 80 parking spaces.

Type:Retail, Office
Property size:
18,111 SF
Lot size:
1.75 Acres
Price / SF:
$124/SF
Added:
Jul 8, 2026
Days on Market:
4
Last Refresh:
Jul 11 at 2:20 am

Property Features for 2701 East Andy Devine Avenue

General Information

Standard status
Active
Size
18,111 SF
Lot size
1.75 Acres
Property subtype
Retail, Office

Building Details

Year Built
1972

Listing office Sperry Commercial Global Affiliates Henderson

Listing date Jul 8, 2026

Source Crexi

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 Sperry Commercial Global Affiliates Henderson


Investment Insights

Based on property information with market context.

This large retail and office building is currently leased with 100% occupancy. The owner is in the process of splitting the building, with a front portion being separated from the back. The resulting lot for the split is expected to be approximately 1.75 acres with close to 80 parking spaces, with any closing contingent on the final split.

The property is on the northern edge of Kingman, Arizona, and Kingman is located at the intersection of Interstate 40 and U.S. 93. The area’s leading industries include tourism and manufacturing, and the fully developed Airport Industrial Park draws manufacturers seeking reasonable land costs and opportunities to build regional trade and service centers.

For buyers or tenants evaluating this asset, the key operational point is that the building is designed to support both retail and office use, with parking available to support day-to-day customer and business access.

Key Highlights

  • Large retail and office building built in 1972 with 100% occupancy
  • Owner has leased the building with strong tenants; building is suitable for multiple business types
  • Owner is in the process of splitting the building with the front building

Local Financial Insights For Office B

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 $315.1k $17.40
− Vacancy −$47.3k −$2.61
EGI $267.9k $14.79
− OpEx −$67.0k −$3.70
NOI $200.9k $11.09
18,111 SF · lease $17.40/SF/yr · vacancy 15.00% · expense 25.00%

Alternative Uses

Best Use
Office B
$2.87M
$2.51M – $3.35M (±1% cap)
NOI $200,896 @ 7.0% cap · market cap 8.93%
Second Best
Retail
$2.51M
$2.20M – $2.93M (±1% cap)
NOI $175,903 @ 7.0% cap · market cap 7.82%
Theoretical Best
Office A
$4.04M
$3.54M – $4.72M (±1% cap)
NOI $283,053 @ 7.0% cap · market cap 12.58%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Ktek, Inc. Computer & Electronic Repair Civil Tec Engineering Civil Engineer Marcus V Averett ... Insurance Agency Elwood Staffing Employment Agency Community Legal Services Law Firm

Suggested Use

Dental Office Restaurant Law Firm Building Supply Pharmacy Gym & Fitness Center Hair Salon Kitchen & Bath Showroom HVAC Service Garden Center

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Retail space - Large retail and office building currently at 100% occupancy, with an owner-led split plan and approximately 80 parking spaces.
Where is this retail space located?
The property is located at 2701 East Andy Devine Avenue Kingman, AZ.
What is the asking price?
The asking price for this property is $2,250,000.
What are key features of this property?
This property features: Large retail and office building built in 1972 with 100% occupancy; Owner has leased the building with strong tenants; building is suitable for multiple business types; Owner is in the process of splitting the building with the front building
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