Renovated Retail
New
For Sale
Contact for pricing
832 N Main Dr, Apache Junction, AZ 85120
Single-unit retail property with a refreshed interior, flexible layout, and on-site parking in Apache Junction.
Property Size2,400 SF
Price / SF$233.33
Days on Market4
Property Features for 832 N Main Dr
General Information
Standard status
Active
Size
2,400 SF
Property subtype
RETAIL
Building Details
Year Built
1983
Year Renovated
2025
Listing Agency:
LRA Real Estate Group LLC
(480) 734-7878
Listed By:
Bryan Watkins · License #BR545459000
(480) 734-7878
Source:
Moodyscre
Added: Jul 30
Changed: Aug 2
Last Checked: Aug 2 at 3:46AM
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 2,400-square-foot retail property contains one unit within a building constructed in 1983 and renovated in 2025. The interior has been updated with a modern finish, while the spacious floor plan supports flexible retail configuration. Zoning accommodates retail uses, and parking is available on site.
The property is located at 832 N Main Dr in Apache Junction, within Arizona’s East Valley area. Its established building shell, recent renovation, and retail-oriented zoning provide a straightforward commercial setting for an owner-user or retail operator.
The property is located at 832 N Main Dr in Apache Junction, within Arizona’s East Valley area. Its established building shell, recent renovation, and retail-oriented zoning provide a straightforward commercial setting for an owner-user or retail operator.
Key Highlights
- 2,400 SF retail building with one unit
- Renovated in 2025
- Built in 1983
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 |
2,400 SF · lease $15.00/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$336.6K
$294.5K – $392.7K
NOI $23,562 @ 7.0% cap · market cap 4.21%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$663.5K
$580.6K – $774.1K
NOI $46,445 @ 7.0% cap · market cap 8.29%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
621
Businesses Nearby
43k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 54%
Dining 40%
Apparel 4%
Electronics 2%
Dollar Tree
Shops & Services
16,556 visits/mo
0.4 miles
Starbucks
Dining
13,630 visits/mo
0.5 miles
Chevron
Shops & Services
4,874 visits/mo
0.3 miles
Jimmy John's
Dining
2,211 visits/mo
0.5 miles
Cato
Apparel
1,778 visits/mo
0.5 miles
Demographics for 85120, AZ
30,605
Population
17,430
Households
1.8
Avg Household Size
54
Median Age
14%
College-Educated
87%
High-School Grad
23.1 sq mi
ZIP Area
1,325
Density / Sq Mi
$53,921
Median Household Income
$35,155
Median Earnings
$958
Median Rent
$162,900
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?
Retail space - Single-unit retail property with a refreshed interior, flexible layout, and on-site parking in Apache Junction.
Where is this retail space located?
The property is located at 832 N Main Dr 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: 2,400 SF retail building with one unit; Renovated in 2025; Built in 1983
