Turnkey Bar & Restaurant
For Sale
$599,000
3015 Hualapai Mountain Road, Kingman, AZ 86401
Turnkey bar and restaurant for sale on Hualapai Mt Rd.
Property Size2,177 SF
Price / SF$275.15
Days on Market331
Property Features for 3015 Hualapai Mountain Road
General Information
Standard status
Active
Size
2,177 SF
Total Parking Spaces
11
Property subtype
Business Opportunities
Zoning
General Commercial
Building Details
Building Size
2,177 SF
Year Built
2006
Listing Agency:
RE/MAX
(928) 753-7653
Listed By:
Jonny Meins · License #BR560849000
Source:
Remaxcommercial
Added: Sep 25, 2025
Changed: Aug 8
Last Checked: Aug 20 at 4:05AM
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 RE/MAX
Investment Insights
Based on property information with market context.
This turnkey bar and restaurant, located at 3015 Hualapai Mt Rd, presents an opportunity to be your own boss. The property is situated on a corner location on Hualapai Mt Rd, with new development approaching. The property is 2,177 square feet and is suitable for bars, restaurants, retail properties, and turnkey restaurant businesses. The site offers potential for building on existing concepts or implementing a new theme and vision.
Key Highlights
- Turnkey Bar & Restaurant Opportunity
- Be Your Own Boss
- Great Corner Location
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$27,479
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.59%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$549,580
$549.6K
Cap Rate 7%
$392,557
$392.6K
Cap Rate 9%
$305,322
$305.3K
Market Conditions
NOI Build-Up for 2,177 SF
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.
Gross rent
$39.2K $18.00/SF
− Vacancy
−$2.5K −$1.17/SF
EGI
$36.6K $16.83/SF
− OpEx
−$9.2K −$4.21/SF
NOI
$27.5K $12.62/SF
Area
Mohave County, AZ
Vacancy
6.50%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$549,580
Cap Rate 7%
$392,557
Cap Rate 9%
$305,322
Alternative Uses
Best Use
Specialty Retail
$392.6K
$343.5K – $458.0K
NOI $27,479 @ 7.0% cap · market cap 4.59%
Second Best
Retail
$302.1K
$264.3K – $352.4K
NOI $21,144 @ 7.0% cap · market cap 3.53%
Theoretical Best
Office A
$486.1K
$425.3K – $567.1K
NOI $34,024 @ 7.0% cap · market cap 5.68%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
162
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 86401, AZ
27,684
Population
13,662
Households
2
Avg Household Size
48
Median Age
18%
College-Educated
92%
High-School Grad
1,226.3 sq mi
ZIP Area
23
Density / Sq Mi
$64,087
Median Household Income
$40,678
Median Earnings
$1,045
Median Rent
$247,300
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- mrBiggs@bbq — 2800 Hualapai Mountain Rd, Kingman, AZ 86401
- Red Cellar & Bistro — 3015 Hualapai Mountain Rd, Kingman, AZ 86401
Frequently Asked Questions
What type of property is this?
Bar & Pub - Turnkey bar and restaurant for sale on Hualapai Mt Rd.
Where is this bar & pub located?
The property is located at 3015 Hualapai Mountain Road Kingman, AZ.
What is the asking price?
The asking price for this property is $599,000.
What are key features of this property?
This property features: Turnkey Bar & Restaurant Opportunity; Be Your Own Boss; Great Corner Location
