0000 W XXXXXXXXXXX Avenue, Glendale, AZ 85302 (MLS# 6419373)

0000 W XXXXXXXXXXX Avenue, Glendale, AZ 85302

$850,000

Property Type: Business Opportunity Square Footage: 4,000 Status: Closed

Current Price: $850,000 Last Modified: 4/15/2025

Overview

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 $240,000 net profit in the owner pocket after all expenses and an average of $125,000 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 5 years left and 5 year options.

Listing Details MLS# 6419373

Location

Map Code/Grid: L31
House Number: 0000
Compass: W
Street Name: XXXXXXXXXXX
St Suffix: Avenue
City/Town Code: Glendale
State/Province: AZ
Zip Code: 85302
Country: US
County Code: Maricopa
Assessor Number: 000-00-000

General Property Description

Ttl Apx SqFt Bldg: 4000
Uncvrd Parking Spcs: 10

Status Change Info

Off Market Date: 2022-09-06
Under Contract Date: 2022-08-17
Close of Escrow Date: 2022-09-06

Income Expenses

Net Operating Income: 2400000

More Information

Contact Info

List Agent Home Phn: 623-236-0836

Sold Info

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

Income & Expenses

Annual Gross Sales: 1500000
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: 150000

Business Type

See Remarks: Yes

Pmt & Rate Info

Equity: 850000
Down Payment %: 0
Total Owed: 0

Lockbox Type

None: Yes

Type of Lease

Other - See Remarks: Yes

Form of Ownership

Other - See Remarks: Yes

Sale Price Includes

Goodwill: Yes
Equipment: Yes
Lease Value: Yes
Cvnt not to Compete: Yes

Lease Information

Other - See Remarks: Yes

Hours of Operation

Other - See Remarks: Yes

Business Age

Less Than 1 Year: Yes

Heating

See Remarks: Yes

Current Ownership

Less Than 1 Year: Yes

Cooling

See Remarks: Yes

Expenses Include

See Remarks: Yes

Business/Tenant Pays

Other: Yes

Source of Fincl Data

Owner: Yes

Water Source

See Remarks: Yes

Sewer

Other: Yes

Parking Features

Other: Yes

Electric

Other (See Remarks): Yes

Gas

Other (See Remarks): Yes

New Financing

Cash: Yes
Seller Approve Terms: Yes

Current Financing 1

See Remarks: Yes

Current Financing 2

See Remarks: Yes

Current Financing 3

See Remarks: Yes

Reports/Disclosures

Other (See Remarks): Yes

Environmental

Other (See Remarks): Yes

Property Features

Business Type: See Remarks Form of Ownership: Other - See Remarks Sale Price Includes: Goodwill; Equipment; 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: Less Than 1 Year 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

Last Updated: April - 15 - 2025