Marathon Gas Station and Convenience
For Sale
$700,000
404 Navajo Blvd, Holbrook, AZ 86025
Well-established 24/7 Marathon gas station with a convenience store serving motorists along Route 66 in Holbrook.
Property Size2,125 SF
Price / SF$329.41
Days on Market439
Property Features for 404 Navajo Blvd
General Information
Standard status
Active
Size
2,125 SF
Listing Agency:
Peak Experience Realty
(480) 313-5389
Listed By:
Misty Price
(480) 313-5389
Source:
Exprealty
Added: May 30, 2025
Changed: Jul 10
Last Checked: Aug 10 at 8:50AM
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 Peak Experience Realty
Investment Insights
Based on property information with market context.
This offering is a well-established Marathon gas station and convenience store property, operating 24/7. The site is designed to support continuous fueling and retail convenience sales, including snacks and convenience store essentials for passing motorists.
The property is located at 404 Navajo Blvd in Holbrook, Arizona, along historic Route 66. Public remarks indicate high visibility and easy access, with the station positioned as the first store on the right when entering Holbrook from the major route convergence at Highways 377, 77, and 180.
For an owner-operator, this configuration supports a straightforward retail and fuel service model with consistent daily hours. For investors, the property provides an identifiable, operating commercial asset anchored by a branded fuel and convenience store use in a traffic-exposed setting tied to Route 66 and nearby regional attractions referenced in the remarks.
The property is located at 404 Navajo Blvd in Holbrook, Arizona, along historic Route 66. Public remarks indicate high visibility and easy access, with the station positioned as the first store on the right when entering Holbrook from the major route convergence at Highways 377, 77, and 180.
For an owner-operator, this configuration supports a straightforward retail and fuel service model with consistent daily hours. For investors, the property provides an identifiable, operating commercial asset anchored by a branded fuel and convenience store use in a traffic-exposed setting tied to Route 66 and nearby regional attractions referenced in the remarks.
Key Highlights
- Well‑established 24/7 Marathon gas station with a convenience store selling fuel and convenience items
- Located on historic Route 66 in Holbrook, AZ
- High visibility with easy access and is the first store on the right when entering Holbrook from Highways 377, 77, and 180
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
$40,422
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
5.77%
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%
$808,440
$808.4K
Cap Rate 7%
$577,457
$577.5K
Cap Rate 9%
$449,133
$449.1K
Market Conditions
NOI Build-Up for 2,125 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
$55.3K $26.04/SF
− Vacancy
−$1.4K −$0.68/SF
EGI
$53.9K $25.36/SF
− OpEx
−$13.5K −$6.34/SF
NOI
$40.4K $19.02/SF
Area
Navajo County, AZ
Vacancy
2.60%
Lease Rate
$26.04 /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%
$808,440
Cap Rate 7%
$577,457
Cap Rate 9%
$449,133
Alternative Uses
Best Use
Specialty Retail
$577.5K
$505.3K – $673.7K
NOI $40,422 @ 7.0% cap · market cap 5.77%
Second Best
Retail
$526.2K
$460.5K – $614.0K
NOI $36,837 @ 7.0% cap · market cap 5.26%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
324
Businesses Nearby
52k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 54%
Groceries 32%
Dining 15%
Safeway
Groceries
16,589 visits/mo
0.5 miles
Speedway
Shops & Services
9,351 visits/mo
0.3 miles
Chevron
Shops & Services
7,610 visits/mo
0.3 miles
Wells Fargo
Shops & Services
4,832 visits/mo
0.1 miles
Little Caesars Pizza
Dining
4,022 visits/mo
0.1 miles
Demographics for 86025, AZ
5,358
Population
1,921
Households
2.8
Avg Household Size
37
Median Age
13%
College-Educated
88%
High-School Grad
737.1 sq mi
ZIP Area
7
Density / Sq Mi
$64,167
Median Household Income
$40,913
Median Earnings
$940
Median Rent
$144,600
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Gas station - Well-established 24/7 Marathon gas station with a convenience store serving motorists along Route 66 in Holbrook.
Where is this gas station located?
The property is located at 404 Navajo Blvd Holbrook, AZ.
What is the asking price?
The asking price for this property is $700,000.
What are key features of this property?
This property features: Well‑established 24/7 Marathon gas station with a convenience store selling fuel and convenience items; Located on historic Route 66 in Holbrook, AZ; High visibility with easy access and is the first store on the right when entering Holbrook from Highways 377, 77, and 180
