Restaurant Bar with Outdoor
New
For Sale
$1,300,000
5035 E Powell Lake Rd, Topock, AZ 86436
Established hospitality venue with multiple dining areas, a commercial kitchen, bars, and space for private events.
Property Size3,498 SF
Price / SF$371.64
Days on Market2
Property Features for 5035 E Powell Lake Rd
General Information
Standard status
Active
Size
3,498 SF
Restaurant
Patio
Yes
Equipment Included
Yes
Additional Details
Business Included
Yes
Amenities
Billiards Rooms
Building Details
Year Built
1978
Listing Agency:
Havasu Realty
(928) 277-9166
Listed By:
Tiffani Lambro & Co., Tiffani Lambro
Source:
Sellinghavasu
Added: Aug 18
Changed: Aug 19
Last Checked: Aug 19 at 10:21AM
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 conventional restaurant property was built in 1978 and includes three primary dining and party areas, two outdoor dining patios, billiards rooms, and dedicated bar spaces. The interior includes a main cocktail bar and a separate whisky bar, while the commercial kitchen is equipped with a pizza oven and updated, owned equipment. A Sky Tap system and POS platform support food and beverage service.
The layout accommodates simultaneous activity across indoor and outdoor areas, including live music on both patios without sound overlap. The property also offers a full lot liquor permit for outdoor events, Uber Eats delivery service, and private catered event capability. Located at 5035 E Powell Lake Rd in Topock, Arizona, the property is a few miles from the Colorado River.
The layout accommodates simultaneous activity across indoor and outdoor areas, including live music on both patios without sound overlap. The property also offers a full lot liquor permit for outdoor events, Uber Eats delivery service, and private catered event capability. Located at 5035 E Powell Lake Rd in Topock, Arizona, the property is a few miles from the Colorado River.
Key Highlights
- Three dining and party spaces plus 2 outdoor dining patios
- Commercial kitchen with pizza oven and updated, owned equipment
- Main cocktail bar and separate whisky bar
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
Lease Details
Turnkey business
Opportunity
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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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Established hospitality venue with multiple dining areas, a commercial kitchen, bars, and space for private events.
Where is this conventional restaurant 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: Three dining and party spaces plus 2 outdoor dining patios; Commercial kitchen with pizza oven and updated, owned equipment; Main cocktail bar and separate whisky bar
