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    Restaurant Building on Large Lot Title is generated by Realmo AI

    3580 N Stockton Hill Rd, Kingman, AZ

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    Restaurant building on 2.23 acres available for lease.

    Type:RETAIL
    Property size:
    11,507 SF
    Lot size:
    2.24 Acres
    Price / SF:
    $217/SF
    Added:
    Sep 26, 2024
    Days on Market:
    630
    Last Refresh:
    May 19 at 10:47 pm

    Property Features for 3580 N Stockton Hill Rd

    General Information

    Standard status
    Active
    Size
    11,507 SF
    Lot size
    2.24 Acres
    Property subtype
    RETAIL

    Properties For Sale

    at 3580 N Stockton Hill Rd Contact us

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    Listing Contact
    Chuck Wells
    Chuck Wells

    Listing agent Chuck Wells License #AZ BR029618000

    Listing office Kidder Mathews | Phoenix

    Listing date Sep 26, 2024

    Source Moodyscre

    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 Kidder Mathews | Phoenix

    HighLights

    • Restaurant building available now
    • Situated on a ±2.23 acre lot
    • Available for immediate occupancy
    • Redevelopment opportunity
    • Features a restaurant building
    • Additional property details available upon request

    Overview

    A restaurant building encompassing 11,507 square feet is available for lease. The property is situated on a lot of approximately 2.23 acres. It is suitable for occupancy as a restaurant or redevelopment.

    Local Financial Insights For Specialty Retail

    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 $207.1k $18.00
    − Vacancy −$13.5k −$1.17
    EGI $193.7k $16.83
    − OpEx −$48.4k −$4.21
    NOI $145.2k $12.62
    11,507 SF · lease $18.00/SF/yr · vacancy 6.50% · expense 25.00%

    Alternative Uses

    Best Use
    Specialty Retail
    $2.07M
    $1.82M – $2.42M (±1% cap)
    NOI $145,247 @ 7.0% cap · market cap 5.81%
    Second Best
    Retail
    $1.60M
    $1.40M – $1.86M (±1% cap)
    NOI $111,762 @ 7.0% cap · market cap 4.47%
    Theoretical Best
    Office A
    $2.57M
    $2.25M – $3.00M (±1% cap)
    NOI $179,841 @ 7.0% cap · market cap 7.19%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Restaurants

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Kingman
    County
    Mohave
    State
    Arizona
    Longitude
    -114.036
    Latitude
    35.2265

    FAQs

    What type of property is this?
    Restaurant - Restaurant building on 2.23 acres available for lease.
    Where is this restaurant located?
    The property is located at 3580 N Stockton Hill Rd Kingman, AZ.
    What is the asking price?
    The asking price for this property is $2,500,000.
    What are key features of this property?
    This property features: Restaurant building available now; Situated on a ±2.23 acre lot; Available for immediate occupancy
    (602) 405-8920 Call to check price and availability
    More about this property
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