Leased Restaurant
For Sale
$950,000
686 N Tegner Street, Wickenburg, AZ 85390
Commercial Sale, Wickenburg, AZ
Property Size2,178 SF
Lot Size0.94 Acres
Price / SF$436.18
Days on Market327
Property Features for 686 N Tegner Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
C-3, R-12, L-1
Bathrooms
3
Full bathrooms
3
Rooms
Bathroom 2, Bathroom 1, Bathroom 3
Parking
40
Interior features
Ceiling Fan(s), Fire/Smoke Detector, Mezzanine
Exterior features
Fence
Fencing
Fenced
Directions
From Wickenburg Way, go North on Tegner St. Property will be on the left, just past Coffinger Park.
Standard status
Active
Lot size
0.94 Acres
Tenancy & Operations
Currently Operating
Yes
Tenant in Place
Yes
Taxes and HOA fees
Tax Year
2025
Tax Description
PT SW4 SW4 LOT 5 BEG 1/4 SEC COR COM TO SECS 1 & 2 TH S 1416.85' TO PT ON S SIDE CAVANESS AVE TH E 291' TO TR POB TH CONT E 235.5' TO PT ON W BDY CONG-WICK H/W TH SE ALG SD W BDRY OF A ONE DEG CUR VE 174' TH W 306.41' TH N 145.61' TO TR POB .91 AC
Tax Annual Amount
3256
Legal Description
PT SW4 SW4 LOT 5 BEG 1/4 SEC COR COM TO SECS 1 & 2 TH S 1416.85' TO PT ON S SIDE CAVANESS AVE TH E 291' TO TR POB TH CONT E 235.5' TO PT ON W BDY CONG-WICK H/W TH SE ALG SD W BDRY OF A ONE DEG CUR VE 174' TH W 306.41' TH N 145.61' TO TR POB .91 AC
Utilities
Utilities
Phone Available
Heating system
Natural Gas
Cooling system
Ceiling Fan(s), Central Air, Ductless
Water source
Public
Building Details
Year built
1951
Floors in Building
1
Number of units
2
Flooring type
Concrete, Tile, Laminate
Building materials
Frame, Stucco
Roof type
Metal, Rolled Hot Mop
Listing Agency:
My Home Group
(480) 685-2760
Listed By:
Sammie Hone · License #SA665852000
(928) 231-7657
Added: Dec 8, 2025
Changed: Oct 31
Last Checked: Oct 31 at 2:06PM
MLS# 1078192
Copyright © 2026 Prescott Area Association of Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This restaurant property at 686 N Tegner Street includes 2,178 square feet of building space and is currently leased and operating as a BBQ restaurant. The 1951 building has frame and stucco construction, a mezzanine, three bathrooms, laminate, tile and concrete flooring, and a combination of central air and ductless cooling. Additional features include natural gas heating, ceiling fans, fire and smoke detectors, fencing, and metal and rolled hot mop roofing.
The property is in Wickenburg, near a major roping arena, shopping, and the town park. Public water is available, and phone service is available at the site. Zoning includes C-3, R-12, and L-1.
The property is in Wickenburg, near a major roping arena, shopping, and the town park. Public water is available, and phone service is available at the site. Zoning includes C-3, R-12, and L-1.
Key Highlights
- 2,178 SF restaurant building
- Currently leased and operating as a BBQ restaurant
- 1951 construction with frame and stucco exterior
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$36,656
Cap Rate
3.86%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$733,120
$733.1K
Cap Rate 7%
$523,657
$523.7K
Cap Rate 9%
$407,289
$407.3K
Market Conditions
NOI Build-Up for 2,178 SF
Gross rent
$52.3K $24.00/SF
− Vacancy
−$3.4K −$1.56/SF
EGI
$48.9K $22.44/SF
− OpEx
−$12.2K −$5.61/SF
NOI
$36.7K $16.83/SF
Area
Maricopa County, AZ
Vacancy
6.50%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$733,120
Cap Rate 7%
$523,657
Cap Rate 9%
$407,289
Alternative Uses
Best Use
Specialty Retail
$523.7K
$458.2K – $610.9K
NOI $36,656 @ 7.0% cap · market cap 3.86%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$673.7K
$589.5K – $786.0K
NOI $47,160 @ 7.0% cap · market cap 4.96%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
763
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 85390, AZ
9,102
Population
5,702
Households
1.6
Avg Household Size
62
Median Age
35%
College-Educated
96%
High-School Grad
475.6 sq mi
ZIP Area
19
Density / Sq Mi
$65,985
Median Household Income
$43,070
Median Earnings
$1,234
Median Rent
$465,800
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in West region
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Operating BBQ restaurant with a mezzanine, fenced grounds, and public water service.
Where is this conventional restaurant located?
The property is located at 686 N Tegner Street Wickenburg, AZ.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: 2,178 SF restaurant building; Currently leased and operating as a BBQ restaurant; 1951 construction with frame and stucco exterior
