778 W WICKENBURG Way Wickenburg, AZ 85390
0.92 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 6980540
Maintenance Fees $1,500
Year Built 1982
Annual Tax Amount $2,888
Tax Year 2025
Lot Size 0.920 Acres
Acres 0.92
Source Arizona Regional Multiple Listing Service (ARMLS)
Property Description
The executed Priority Ambulance Yavapai, LLC lease commences November 6, 2023 and provides a five-year initial term plus the initial partial month, with two additional two-year extension options. Lease-year-3 base rent is $7,530.98 per month ($90,371.76 annualized), with 3% increases each December 1. Year-4 base rent is $7,756.90 per month. Tax and insurance reimbursements are subject to the lease and actual-cost reconciliation; current amounts require verification.
The October apartment rent roll reports three occupied and three vacant apartments (50% physical occupancy). O diversified mixed-use investment combining a national ambulance company under an NNN lease, six one-bedroom apartments and excess land across three parcels totaling approximately 40,076 square feet, or 0.92 acre.
The executed Priority Ambulance Yavapai, LLC lease commences November 6, 2023 and provides a five-year initial term plus the initial partial month, with two additional two-year extension options. Lease-year-3 base rent is $7,530.98 per month ($90,371.76 annualized), with 3% increases each December 1. Year-4 base rent is $7,756.90 per month. Tax and insurance reimbursements are subject to the lease and actual-cost reconciliation; current amounts require verification.
The October apartment rent roll reports three occupied and three vacant apartments (50% physical occupancy). Occupied monthly base rent totals $2,685, plus $150 in scheduled utility charges. Vacant units 3, 5 and 6 are being offered at $850 per month with a $300 move-in gift card. The October 22 leasing update reported no new leases or confirmed move-ins. Vacant asking rent is potential income, not current occupied income.
Combined scheduled annual base rent is $122,591.76: $90,371.76 commercial and $32,220 from occupied apartments. Occupied apartment utility charges add $1,800 annually if collected. These scheduled amounts are not collected income or NOI. The apartment ledger covers January 1-September 30, 2026. The earlier commercial payment summary requires reconciliation to the executed lease.
Current whole-property NOI and cap rate remain pending verification of full expenses, commercial collections and reimbursement true-ups. Earlier modeled NOI and cap rates are superseded for current underwriting. Lease-up income depends on executed leases, timing, collections and verified costs.
The property is offered at $2,295,000. Seller financing is available at 5% interest, amortized over 30 years, with a five-year term, subject to seller approval, borrower qualifications and final written loan documents. The property is reported to be within a Qualified Opportunity Zone; buyers must independently verify the census tract, zoning, development potential, tax treatment, leases, income, reimbursements, expenses and all information material to the purchase decision.
Virtual Property Tour
Explore 760-778 W Wickenburg Way through the interactive 360-degree virtual tour. Review the commercial interiors, six-apartment component, courtyards, property frontage, overall configuration and relationship between the existing buildings and excess land. Select VIEW THE VIRTUAL TOUR to begin.
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Location
State AZ
County Maricopa
Area Maricopa
Zoning C-3/C-G
Direction From the roundabout, travel west on US 60/W Wickenburg Way. The property is located on the north side of Wickenburg Way near Maverick Street.
Interior
Heating Heat Pump, Zoned
Cooling Ceiling Fan(s), Heat Pump
Flooring Carpet
Exterior
Parking Features Off Street, Parking Lot, Other, Paved, Free
Fence Block, Chain Link, Partial
Roof Type Foam
Private Pool No
Building
Dwelling Type Other (See Remarks),Commercial,Office
Sewer Sewer-In & Connected, Public Sewer
Water City Franchise, Master Meter
New Construction No
Others
Senior Community No
Tax ID 505-33-005
Ownership Fee Simple
Disclosures Other (See Remarks), Seller Prop Disc Stm, APOD/Backup Avaible, Sch of Personal Prop
Virtual Tour https://tours.arizonarealtours.com/2370247?idx=1
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