Stand-Alone Retail Storefront
832 N MAIN Drive Apache Junction, AZ 85120
832 N MAIN Drive, Apache Junction, AZ, 85120
$560,000
For Sale
$560,000
Remodeled retail store with potential for various business uses.
Property Size2,401 SF
Price / SF$233.24
Days on Market305
Property Features for 832 N MAIN Drive
General Information
- Standard status
- Active
- Size
- 2,401 SF
- Property subtype
- Commercial/Industrial
Building Details
- Year Built
- 1983
Listing Agency
LRA Real Estate Group, LLC
(480) 526-5644
Listed by
Bryan Watkins · License #BR545459000
(480) 526-5644
Source
Exitrealty
Added: Sep 16, 2025 Checked: Jul 15 at 11:12 pm
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 LRA Real Estate Group, LLC
Investment Insights
Based on property information with market context.
This stand-alone retail store, formerly a country store and RV repair business, has been remodeled and offers potential for various retail uses. The property is 2401 square feet. New townhouse apartments have been recently constructed and occupied across the street to the East, potentially providing a customer base. The property is currently vacant.
Key Highlights
- Remodeled building suitable for many retail uses.
- Stand‑alone retail store.
- New townhouse apartments across the street provide immediate customer base.
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $36.0k | $15.00 |
| − Vacancy | −$2.3k | −$0.98 |
| EGI | $33.7k | $14.03 |
| − OpEx | −$10.1k | −$4.21 |
| NOI | $23.6k | $9.82 |
2,401 SF · lease $15.00/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$336.7K
$294.7K – $392.9K
NOI $23,572 @ 7.0% cap · market cap 4.21%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$663.8K
$580.8K – $774.4K
NOI $46,465 @ 7.0% cap · market cap 8.30%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Griffin RV Services
Auto Repair Shop
A Plus
Shopping Center & Mall
Similar For Sale Nearby
Similar Off Market Nearby
- Harvest — 1101 W Apache Trail, Apache Junction, AZ 85120
FAQs
What type of property is this?
Storefront property - Remodeled retail store with potential for various business uses.
Where is this storefront property located?
The property is located at 832 N MAIN Drive Apache Junction, AZ.
What is the asking price?
The asking price for this property is $560,000.
What are key features of this property?
This property features: Remodeled building suitable for many retail uses.; Stand‑alone retail store.; New townhouse apartments across the street provide immediate customer base.
