Multi-Unit Flex
New
For Sale
$2,450,000
3550 N Sabin Brown Rd, Wickenburg, AZ 85390
Five separately configured units provide adaptable commercial space with substantial electrical service and paved outdoor areas.
Property Size19,210 SF
Price / SF$127.54
Days on Market5
Property Features for 3550 N Sabin Brown Rd
General Information
Standard status
Active
Size
19,210 SF
Property subtype
Commercial
Building Details
Year Built
1977
Listing Agency:
Century 21 Arizona West
(928) 231-1000
Listed By:
Cristina Echeverria
Source:
Niki.eastvalleyazhomesforsale
Added: Aug 26
Changed: Aug 29
Last Checked: Aug 29 at 10:55PM
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 Century 21 Arizona West
Investment Insights
Based on property information with market context.
Built in 1977, this flex property comprises five units with varying levels of interior completion, allowing the improvements to support different commercial and industrial configurations. The building includes high ceilings, nine sectional overhead doors, and drive-in access. Paved parking and additional yard areas provide functional outdoor space for users and operations.
Electrical service is a major component of the property, with Units 1–3 supplied by 1,000 amps of 480V three-phase power and Units 4–5 served by 2,000 amps of 208/277 three-phase power. The approximately 1.19-acre site is located a short distance from US Highway 60 in Wickenburg, Arizona.
Electrical service is a major component of the property, with Units 1–3 supplied by 1,000 amps of 480V three-phase power and Units 4–5 served by 2,000 amps of 208/277 three-phase power. The approximately 1.19-acre site is located a short distance from US Highway 60 in Wickenburg, Arizona.
Key Highlights
- Approximately 1.19‑acre site near US Highway 60
- Five units with varying stages of interior completion
- Units 1–3: 1,000 amps of 480V three‑phase power
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
$197,517
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
8.06%
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%
$3,950,340
$4.0M
Cap Rate 7%
$2,821,671
$2.8M
Cap Rate 9%
$2,194,633
$2.2M
Market Conditions
NOI Build-Up for 19,210 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
$267.4K $13.92/SF
− Vacancy
−$35.0K −$1.82/SF
EGI
$232.4K $12.10/SF
− OpEx
−$34.9K −$1.81/SF
NOI
$197.5K $10.28/SF
Area
Maricopa County, AZ
Vacancy
13.10%
Lease Rate
$13.92 /SF/Yr
Expense Ratio
15.00%
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%
$3,950,340
Cap Rate 7%
$2,821,671
Cap Rate 9%
$2,194,633
Alternative Uses
Best Use
Warehouse
$2.82M
$2.47M – $3.29M
NOI $197,517 @ 7.0% cap · market cap 8.06%
Second Best
Industrial
$2.19M
$1.91M – $2.55M
NOI $153,186 @ 7.0% cap · market cap 6.25%
Theoretical Best
Office A
$5.94M
$5.20M – $6.93M
NOI $415,952 @ 7.0% cap · market cap 16.98%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
41
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 85390, AZ
9,102
Population
5,702
Households
1.6
Avg Household Size
62
Median Age
35%
College-Educated
96%
High-School Grad
475.6 sq mi
ZIP Area
19
Density / Sq Mi
$65,985
Median Household Income
$43,070
Median Earnings
$1,234
Median Rent
$465,800
Median Home Value
Market
Vacancy Rate% for Industrial in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Five separately configured units provide adaptable commercial space with substantial electrical service and paved outdoor areas.
Where is this flex space located?
The property is located at 3550 N Sabin Brown Rd Wickenburg, 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: Approximately 1.19‑acre site near US Highway 60; Five units with varying stages of interior completion; Units 1–3: 1,000 amps of 480V three‑phase power
