Diner-Style Restaurant with
New
For Sale
$275,000
424 N Huachuca Boulevard, Huachuca City, AZ 85616
Commercial Sale, Huachuca City, AZ
Property Size2,401 SF
Lot Size0.65 Acres
Price / SF$114.54
Days on Market2
Property Features for 424 N Huachuca Boulevard
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
Cochise - GB
Parking
20
Window features
Double Pane Windows
Accessibility
Accessible Doors
Lot features
Decorative Gravel, East/ West Exposure
Directions
Heading south on HWY 90 into Huachuca City, just past the City Offices, Lexi B's is on the east side of the street.
Subdivision
Cochise
Standard status
Active
APN
10651089A
Size
2,401 SF
Lot size
0.65 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
SESW BY M&B COM A0' OF INTRS EC OF E LINE OF ST HWY 92 R/W WITH NLINE OF SESW S266.39' TO POB THN CONT S219.61' E135'
Tax Annual Amount
3958
Legal Description
SESW BY M&B COM A0' OF INTRS EC OF E LINE OF ST HWY 92 R/W WITH NLINE OF SESW S266.39' TO POB THN CONT S219.61' E135'
Utilities
Heating system
Natural Gas, Forced Air
Cooling system
Central Air, Ceiling Fan(s)
Water source
Public
Amenities
spacious dining room
fully equipped commercial kitchen
Building Details
Year built
1957
Building materials
Brick
Roof type
Built-Up
Listing Agency:
Real Broker
(602) 755-3415
Listed By:
Janelle Curry
(520) 248-0599
Added: Sep 7
Last Checked: Sep 8 at 5:06AM
MLS# 22621759
Copyright © 2026 Multiple Listing Service of Southern Arizona. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Located at 424 N Huachuca Boulevard in Huachuca City, this diner-style restaurant occupies a 2,401-square-foot building on 0.65 acres. The interior includes a spacious dining room and a fully equipped commercial kitchen, with a layout that can support continued restaurant use or conversion to another retail-oriented operation. Brick construction, a built-up roof, natural gas and forced-air heating, central air, and ceiling fans are part of the existing improvements.
The property is identified as Cochise - GB zoning and is associated with the Highway 90 corridor. Street frontage along Huachuca Boulevard and customer parking are also noted. Public water serves the site, and accessible doors are included. Built in 1957, the property offers an established commercial structure with restaurant infrastructure already in place.
The property is identified as Cochise - GB zoning and is associated with the Highway 90 corridor. Street frontage along Huachuca Boulevard and customer parking are also noted. Public water serves the site, and accessible doors are included. Built in 1957, the property offers an established commercial structure with restaurant infrastructure already in place.
Key Highlights
- 2,401‑square‑foot diner‑style restaurant on 0.65 acres
- Fully equipped commercial kitchen and spacious dining room
- Street frontage along Huachuca Boulevard
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
$24,904
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
9.06%
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%
$498,080
$498.1K
Cap Rate 7%
$355,771
$355.8K
Cap Rate 9%
$276,711
$276.7K
Market Conditions
NOI Build-Up for 2,401 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
$36.0K $15.00/SF
− Vacancy
−$2.8K −$1.17/SF
EGI
$33.2K $13.83/SF
− OpEx
−$8.3K −$3.46/SF
NOI
$24.9K $10.37/SF
Area
Cochise County, AZ
Vacancy
7.80%
Lease Rate
$15.00 /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%
$498,080
Cap Rate 7%
$355,771
Cap Rate 9%
$276,711
Alternative Uses
Best Use
Specialty Retail
$355.8K
$311.3K – $415.1K
NOI $24,904 @ 7.0% cap · market cap 9.06%
Second Best
Industrial
$167.6K
$146.7K – $195.6K
NOI $11,733 @ 7.0% cap · market cap 4.27%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
Turnkey business
Opportunity
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
123
Businesses Nearby
25k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Circle K
Shops & Services
20,116 visits/mo
0.1 miles
Dollar General
Shops & Services
4,772 visits/mo
0.1 miles
Demographics for 85616, AZ
5,110
Population
2,421
Households
2.1
Avg Household Size
52
Median Age
26%
College-Educated
93%
High-School Grad
150.3 sq mi
ZIP Area
34
Density / Sq Mi
$50,515
Median Household Income
$40,820
Median Earnings
$937
Median Rent
$157,600
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
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Similar Off Market Nearby
- Sunny D's Delight — 424 N Huachuca Blvd, Huachuca City, AZ 85616
Frequently Asked Questions
What type of property is this?
Breakfast & diner - Diner-style restaurant with a spacious dining room, commercial kitchen, central air, and accessible doors.
Where is this breakfast & diner located?
The property is located at 424 N Huachuca Boulevard Huachuca City, AZ.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: 2,401‑square‑foot diner‑style restaurant on 0.65 acres; Fully equipped commercial kitchen and spacious dining room; Street frontage along Huachuca Boulevard
