Leased Retail Storefront
For Sale
Contact for pricing
8316 E STATE RTE 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 Market99
Property Features for 8316 E STATE RTE 69
General Information
Standard status
Active
Size
2,124 SF
Total Parking Spaces
18
Property subtype
Retail
Zoning
CG-3
Occupancy
100%
Lease Type
Modified Gross
Investment Type
Net Lease
Additional Details
Business Included
Yes
Highway Access
Yes
Building Details
Year Built
1974
Stories
1
Units
4
Tenancy
Multi
Listing Agency:
Arizona Commercial Real Estate
Listed By:
Abigail Chartier · License #SA710066000
(928) 642-3032
Source:
Crexi
Added: Jun 2
Changed: Aug 25
Last Checked: Sep 7 at 10:16AM
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 Real Estate
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 = 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
$36,819
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
8.18%
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%
$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
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
$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 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%
$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.
Property Analytics
Property Profile
Current Use
Lease Details
100%
Occupancy
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
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
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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 RTE 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
