Turn-Key Restaurant Bar Near Colorado
For Sale
$1,300,000
5035 E Powell Lake Rd, Topock, AZ 86436
Turn-key restaurant and bar with multiple dining and entertainment spaces.
Property Size3,498 SF
Price / SF$371.64
Days on Market159
Property Features for 5035 E Powell Lake Rd
General Information
Standard status
Active
Size
3,498 SF
Building Details
Year Built
1978
Listing Agency:
Havasu Realty
Listed By:
Tiffani Lambro & Co., Tiffani Lambro · License #SA664437000
(928) 277-9166
Source:
Havasurealty
Added: Mar 31
Changed: Sep 3
Last Checked: Sep 5 at 10:48AM
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 Havasu Realty
Investment Insights
Based on property information with market context.
This turn-key restaurant and bar is located just a few miles from the Colorado River. The property features a full food menu, billiards rooms, live outdoor music areas, a full cocktail bar, and a speakeasy-style whisky bar. It includes two full outdoor dining patios and three main dining/party spaces, enhanced by custom art pieces. The building's design allows for two live bands to play simultaneously without music overlap, with separate front and back patio music areas. A full chef's commercial kitchen and pizza oven are equipped with updated and owned equipment. The bar and kitchen are designed for speed and function, utilizing a Harbortouch POS system. The layout supports hosting multiple events concurrently across different dining and patio spaces. The main dining area features a full bar, complemented by a top-shelf whisky bar in the back, ideal for private catered events while keeping the restaurant open to the public. The property has a large social media following to help promote events. The current owners have created a warm and inviting space.
Key Highlights
- Turn‑key restaurant and bar opportunity near the Colorado River
- Multiple revenue streams: full food menu, billiards, live music, full cocktail bar, and speakeasy whisky bar
- Unique design allows for simultaneous live music performances in separate areas
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
$44,154
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
3.40%
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%
$883,080
$883.1K
Cap Rate 7%
$630,771
$630.8K
Cap Rate 9%
$490,600
$490.6K
Market Conditions
NOI Build-Up for 3,498 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
$63.0K $18.00/SF
− Vacancy
−$4.1K −$1.17/SF
EGI
$58.9K $16.83/SF
− OpEx
−$14.7K −$4.21/SF
NOI
$44.2K $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%
$883,080
Cap Rate 7%
$630,771
Cap Rate 9%
$490,600
Alternative Uses
Best Use
Specialty Retail
$630.8K
$551.9K – $735.9K
NOI $44,154 @ 7.0% cap · market cap 3.40%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$781.0K
$683.4K – $911.2K
NOI $54,670 @ 7.0% cap · market cap 4.21%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
5
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 86436, AZ
1,938
Population
1,623
Households
1.2
Avg Household Size
61
Median Age
20%
College-Educated
89%
High-School Grad
86.5 sq mi
ZIP Area
22
Density / Sq Mi
$60,927
Median Household Income
$42,051
Median Earnings
$929
Median Rent
$206,800
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
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Similar Off Market Nearby
- Hooch's 66 Bar & Grill — 5035 E Powell Lake Rd, Topock, AZ 86436
Frequently Asked Questions
What type of property is this?
Bar & Pub - Turn-key restaurant and bar with multiple dining and entertainment spaces.
Where is this bar & pub located?
The property is located at 5035 E Powell Lake Rd Topock, AZ.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: Turn‑key restaurant and bar opportunity near the Colorado River; Multiple revenue streams: full food menu, billiards, live music, full cocktail bar, and speakeasy whisky bar; Unique design allows for simultaneous live music performances in separate areas
