Leased Retail Storefront
For Sale
$450,000
8316 E State Route 69, Prescott Valley, AZ 86314
Fully occupied retail storefront building with four established local tenants on a heavily traveled state route.
Property Size2,124 SF
Price / SF$211.86
Days on Market173
Property Features for 8316 E State Route 69
General Information
Standard status
Active
Size
2,124 SF
Property subtype
Commercial
Occupancy
100%
Additional Details
Business Included
Yes
Highway Access
Yes
Building Details
Year Built
1974
Tenancy
Multi
Listing Agency:
Arizona Commercial
Listed By:
Abigail Chartier · License #SA710066000
(928) 642-3032
Source:
Searchprescotthouses
Added: May 4
Changed: Oct 1
Last Checked: Oct 23 at 7:14AM
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 Arizona Commercial
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Investment Insights
Based on property information with market context.
This leased retail storefront building totals 2,124 square feet and is fully occupied. The property is home to four established local businesses: Jefferson's Clock Repair, George's Barbershop, Red X Armory, and PeaceHairLove Salon, providing a diversified tenant mix under one ownership.
Located at 8316 E State Rte 69 in Prescott Valley, the building is positioned along a highly traveled corridor. The property benefits from visibility to passing traffic and convenient access for customers.
For buyers seeking a turnkey, income-producing retail asset, the current configuration offers immediate occupancy with four operating businesses already in place. The mix of neighborhood service and specialty uses can appeal to tenants looking for retail space within an active commercial setting, while buyers benefit from owning a property that is already stabilized through existing leases and day-to-day operations.
Located at 8316 E State Rte 69 in Prescott Valley, the building is positioned along a highly traveled corridor. The property benefits from visibility to passing traffic and convenient access for customers.
For buyers seeking a turnkey, income-producing retail asset, the current configuration offers immediate occupancy with four operating businesses already in place. The mix of neighborhood service and specialty uses can appeal to tenants looking for retail space within an active commercial setting, while buyers benefit from owning a property that is already stabilized through existing leases and day-to-day operations.
Key Highlights
- Fully leased retail storefront building built in 1974
- 100% occupied by four local businesses: Jefferson's Clock Repair, George's Barbershop, Red X Armory, and PeaceHairLove Salon
- Diversified tenant mix with four established businesses under one property
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$36,819
Cap Rate
8.18%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$736,380
$736.4K
Cap Rate 7%
$525,986
$526.0K
Cap Rate 9%
$409,100
$409.1K
Market Conditions
NOI Build-Up for 2,124 SF
Gross rent
$55.3K $26.04/SF
− Vacancy
−$2.7K −$1.28/SF
EGI
$52.6K $24.76/SF
− OpEx
−$15.8K −$7.43/SF
NOI
$36.8K $17.33/SF
Area
Yavapai County, AZ
Vacancy
4.90%
Lease Rate
$26.04 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$736,380
Cap Rate 7%
$525,986
Cap Rate 9%
$409,100
Alternative Uses
Best Use
Retail
$526.0K
$460.2K – $613.7K
NOI $36,819 @ 7.0% cap · market cap 8.18%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$711.5K
$622.6K – $830.1K
NOI $49,807 @ 7.0% cap · market cap 11.07%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Turnkey business
Opportunity
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,379
Businesses Nearby
69k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 55%
Dining 21%
Home Improvements & Furnishings 19%
Hotels & Casinos 3%
Tractor Supply Co.
Home Improvements & Furnishings
13,028 visits/mo
0.4 miles
Chase Bank
Shops & Services
11,343 visits/mo
0.4 miles
Dollar General
Shops & Services
9,973 visits/mo
0.2 miles
KFC
Dining
9,395 visits/mo
0.5 miles
Circle K
Shops & Services
6,527 visits/mo
0.1 miles
Demographics for 86314, AZ
39,461
Population
16,806
Households
2.3
Avg Household Size
44
Median Age
23%
College-Educated
89%
High-School Grad
26.6 sq mi
ZIP Area
1,483
Density / Sq Mi
$67,263
Median Household Income
$37,829
Median Earnings
$1,432
Median Rent
$363,700
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in West region
Frequently Asked Questions
What type of property is this?
Storefront property - Fully occupied retail storefront building with four established local tenants on a heavily traveled state route.
Where is this storefront property located?
The property is located at 8316 E State Route 69 Prescott Valley, AZ.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Fully leased retail storefront building built in 1974; 100% occupied by four local businesses: Jefferson's Clock Repair, George's Barbershop, Red X Armory, and PeaceHairLove Salon; Diversified tenant mix with four established businesses under one property
