778 W WICKENBURG Way
Wickenburg, AZ, 85390 $ 2,295,000
Bedrooms-- Baths-- Sq 6,182 Monthly Estimate*
$ 14,491
for $2,295,000. This 6,182 square foot building was built in 1982 on a lot size of 0.92.
Seller-carry mixed-use investment at 760-778 W Wickenburg Way includes two commercial buildings leased to a national ambulance company on an NNN lease, six 1-bedroom apartments, three parcels and excess land. Five apartments are occupied; one is available for lease-up. Lease runs through 11/30/2028 with 3% annual increases and two 5-year options. Tenant reimburses property taxes and insurance. Seller carry available at 5% interest, 25-year amortization and 5-year term, subject to approval. Qualified Opportunity Zone location. Approx. 6,182 SF on 40,076 SF/0.92 acre. Current income after operating expenses is $121,654 with a 5.30% cap rate. Pro forma income after operating expenses is $147,041 with a 6.41% cap rate. Offered at $2,295,000, 760-778 W Wickenburg Way presents a diversified mixed-use investment combining commercial and residential income with additional development or expansion potential. The offering includes two commercial buildings, six one-bedroom apartments and three parcels totaling approximately 40,076 square feet, or 0.92 acre. The existing building area totals approximately 6,182 square feet. The commercial portion is leased to a national ambulance company under an NNN lease that began December 1, 2023, and continues through November 30, 2028. The lease includes contractual 3% annual rent increases and two additional five-year extension options. The tenant reimburses property taxes and insurance, helping limit the owner's exposure to these expenses. The residential component consists of six one-bedroom apartments. Five apartments are currently occupied, with one unit available for lease-up. The occupied apartments also generate utility reimbursement income. Leasing the remaining apartment provides an identifiable opportunity to increase income. CURRENT FINANCIAL PERFORMANCE: Effective Gross Income: $160,457 Operating Expenses: $38,803 Income After Operating Expenses: $121,654 Current Cap Rate: 5.30% PRO FORMA FINANCIAL PERFORMANCE: Gross Scheduled Income: $186,240 Other Income: $3,456 Vacancy Allowance: 1% Effective Gross Income: $187,799 Operating Expenses: $40,758 Income After Operating Expenses: $147,041 Pro Forma Cap Rate: 6.41% Seller financing is available at 5% interest, amortized over 25 years with a five-year loan term, subject to seller approval, buyer qualification and final loan documentation. The property is located within a federally designated Qualified Opportunity Zone and along Wickenburg's primary commercial corridor. The excess land may provide future expansion or development potential, subject to zoning, governmental approvals and independent buyer investigation. Buyer to independently verify all facts, figures, square footage, parcel information, rents, income, expenses, lease terms, zoning, development potential, Opportunity Zone eligibility and any other information material to the purchase decision. Buyer should consult independent legal, tax and financial advisors.
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FeaturesGeneralSewer Sewer-In & Connected Public Sewer
Heating Heat Pump Zoned
Cooling Ceiling Fan(s) Heat Pump
Roof Foam
Zoning C-3/C-G
Security Features Security Light(s) Security System Smoke Detector(s)
Construction Materials Wood Frame Stucco Block
Year Built 1982
Electric Individual Meter APS
Township 7N
Tax Year 2025
Ownership Fee Simple Fee Simple
Gross Income 187799.04
Business Type Professional/Office Medical Mixed Other See Remarks Religious Facility Service Business
County Maricopa
Net Operating Income 147041.0
Operating Expense 40758.0
Insurance Expense 4902.0
New Construction N
Property Type Comm/Industry Sale
Attached Garage N
MaintenanceExpense 1500.0
Building Features Patio/Deck Accessible Entrance Conference Room Reception Room Kitchen Computer Room Fiber Optic Availble
Status Active
Directions 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.
City Wickenburg
Disclosures Other (See Remarks) Seller Prop Disc Stm APOD/Backup Avaible Sch of Personal Prop
Open Parking Spaces 30.0
Lot Size Units Square Feet
Lot Size Square Feet 40076.0
Carport Y/N N
Tax Annual Amount 2888.0
Electric Expense 6500.0
Trash Expense 1600.0
Water Sewer Expense 8131.0
Lease Renewal Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Virtual Tour https://tours.arizonarealtours.com/2370247?idx=1
Structure Type Other (See Remarks) Commercial Office
Standard Status Active
Occupancy Type Tenant
Tax Lot 0
Cap Rate 6.41
Senior Community N
property sub type=N True
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InteriorFlooring Carpet Ceramic Tile Vinyl Wood Concrete
Air Conditioning Y/N Y
Heating Y/N Y
Total Baths 0
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ExteriorFencing Block Chain Link Partial
Parking Features Off Street Parking Lot Other Paved Free
Water Source City Franchise Master Meter
Total Parking 30.0
Lot Size Area 40076.0
Number of Buildings 3
Spa N
Lot Size Acres 0.92
Road Surface Type Asphalt
Covered Spaces 0.0
Crops Included Y/N N
Irrigation Water Rights Y/N N
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* Excluded FeaturesList ByGerchick Real EstateBroker
Linda@justsoldit.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $14,491
- Monthly Property Taxes
- $241
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyCommerical listings in Wickenburg, AZ
Average List Price $1,295,500
Percent of Sale Price 44%
About Wickenburg, AZ 7,028 Population
17% Since 2002
$ 41,291 Median Income
49.77 Median Age
17% Households with Children
Trends Information provided by ATTOM Data Solutions.
260072 Elementary School
263420 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 8/30/2026 | $2,295,000 | -4.18% | Price Down |
| 2/6/2026 | $2,395,000 | | Listed Price |