Wickenburg | NNN + 6 Apts | Seller Finance

760-778 W Wickenburg Way | Wickenburg, Arizona | $2,295,000

Mixed-use investment combining a national ambulance-company NNN tenant, six one-bedroom apartments and excess land across three parcels. Approximately 6,182 SF of improvements on 40,076 SF of land. Positioned along Wickenburg's established commercial corridor.

Current modeled NOI is $121,122, a 5.28% cap rate at $2,295,000. Effective gross income is $162,382 and annual operating expenses are $41,260. The illustrative pro forma produces $132,464 NOI and a 5.77% cap rate. The financial model applies 5% multifamily vacancy. Five apartments are occupied and one available per the source rent roll; buyer must verify current occupancy.

NNN commercial lease through November 30, 2028, with 3% annual increases and two five-year renewal options reported. NNN reimbursements are included in the reconciled income/expense presentation and should not be double-counted as additional NOI.

Seller financing may be available at 5% interest, 30-year amortization and a five-year term, subject to seller approval and final documents. The OM illustrates $738,250 down and $1,556,750 financed. These are proposed terms, not a loan commitment.

APNs 505-33-005, 505-33-006 and 505-33-013. Buildings dated 1947, 1954 and 1982 with renovations reported in 2022. Excess-land uses and Opportunity Zone positioning require independent verification; no development or tax outcome is guaranteed.

View the property website and virtual tour | Schedule a Zoom or phone call with Linda

Linda Gerchick, CCIM | Gerchick Real Estate
602-688-9279 | linda@justsoldit.com

Tenant leases are not publicly posted and will be provided only after the property is under contract to protect tenant privacy. Do not disturb residents or businesses; all visits require a confirmed appointment.

Information is believed reliable but is not guaranteed. Buyer must independently verify all financial, lease, physical, title, zoning and property information. Projections and financing illustrations are not guarantees. Offering is subject to errors, omissions, price or term changes, prior sale and withdrawal without notice.