0000 W XXXXXXXXX Avenue, Glendale, AZ 85305

$1,800,000
Property Type: Business Opportunity Square Footage: 4,000 Status: Closed
Current Price: $1,800,000 Last Modified: 4/27/2025

Description

If you are looking for a very profitable smoke shop in the West Valley with staff in place with the owner that produces over $720,000 net profit in the owner pocket after all expenses and an average of $166,500 per month in Gross Sales with amazing seller financing terms and solid client base in a great location surrounded by corporate tenants with exposure to a major road and competition far away and a cigar humidifier room and amazing FF&E then look no further. This smoke shop is situated in a 4000 sq.ft. suite in a strip center with tons of frontage view to a major road surround and they are using only 2400 sq.ft. of space so it could be expanded. The rest of the space is used as storage. The lease is amazing as well at $7,300 per month all in with 4.5 years left and 5 year options.

More Information MLS# 6499643

General Property Description

Ttl Apx SqFt Bldg: 4000 Uncvrd Parking Spcs: 25

Income & Expenses

Annual Gross Sales: 2000000 Owners Draw Included: No Annual Owners Salary: 0 Annual Mngr Salary: 0 Anl Int (Non-RelEst): 0 Annual Depreciation: 0 Annual Fringes: 0 Adjusted Net Income: 0 Apx Value of Cash: 0 Ap Val Frn,Fxt & Eqp: 85000 Apx Val Inventory: 300000

Business Type

Retail: 1

Pmt & Rate Info

Equity: 1800000 Down Payment %: 0 Total Owed: 0

Lockbox Type

None: 1

Type of Lease

Other - See Remarks: 1

Form of Ownership

Other - See Remarks: 1

Sale Price Includes

Goodwill: 1 Equipment: 1 Inventory: 1 Lease Value: 1 Cvnt not to Compete: 1

Lease Information

Other - See Remarks: 1

Hours of Operation

Other - See Remarks: 1

Business Age

1 - 3 Years: 1

Heating

See Remarks: 1

Current Ownership

Less Than 1 Year: 1

Cooling

See Remarks: 1

Expenses Include

See Remarks: 1

Business/Tenant Pays

Other: 1

Source of Fincl Data

Owner: 1

Water Source

See Remarks: 1

Sewer

Other: 1

Parking Features

Other: 1

Electric

Other (See Remarks): 1

Gas

Other (See Remarks): 1

New Financing

Cash: 1 Seller Approve Terms: 1

Current Financing 1

See Remarks: 1

Current Financing 2

See Remarks: 1

Current Financing 3

See Remarks: 1

Reports/Disclosures

Other (See Remarks): 1

Environmental

Other (See Remarks): 1

Contact Info

List Agent Home Phn: 623-236-0836

Sold Info

Loan Type: Cash Closing Cost Split: Normal - N Buyer Concession to Seller: 0 Buyer Concession $/%: $ Seller Concession to Buyer: 0 Seller Concession $/%: $

Contract Info

Current Price: $1,800,000 Sold Price: $1,800,000 Status: Closed List Date: 2022-12-17

Location

Map Code/Grid: L31 House Number: 0000 Compass: W Street Name: XXXXXXXXX St Suffix: Avenue City/Town Code: Glendale State/Province: AZ Zip Code: 85305 County Code: Maricopa Assessor Number: 000-00-000

Remarks Misc

Geo Lat: 33.545063 Geo Lon: -112.275597

Status Change Info

Off Market Date: 2023-06-05 Under Contract Date: 2023-06-01 Close of Escrow Date: 2023-06-05 Sold Price: $1,800,000

Income Expenses

Net Operating Income: 720000

Property Features

Business Type: Retail Form of Ownership: Other - See Remarks Sale Price Includes: Goodwill; Equipment; Inventory; Lease Value; Cvnt not to Compete Lease Information: Other - See Remarks Hours of Operation: Other - See Remarks Type of Lease: Other - See Remarks Business Age: 1 - 3 Years Current Ownership: Less Than 1 Year Expenses Include: See Remarks Source of Fincl Data: Owner Parking Features: Other Electric: Other (See Remarks) Gas: Other (See Remarks) Water Source: See Remarks Sewer: Other Heating: See Remarks Cooling: See Remarks Lockbox Type: None Current Financing 1: See Remarks Current Financing 2: See Remarks Current Financing 3: See Remarks New Financing: Cash; Seller Approve Terms Environmental: Other (See Remarks)
Listing Office: American Realty Brokers
IDX
Last Updated: April - 27 - 2025
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