$225,000
Glendale, AZ 85305
MLS# 6747054
1 / 1
Property Description
If you are looking for a smoke shop in a highly desirable area that is surrounded by with tons of traffic and an always packed street with tons of room for growth and opportunity than look no further. Smoke shops are some of the most sought after businesses since a lot of landlords are not approving new ones being built and with the location of this one the competition is slim to none. The smoke shop mostly sells glass items and other items with high margins due to it proximity to near by dispensaries. Located near North Glendale. The lease is only $1400 per month for 950 sq.ft of space and nice showcases and furniture, fixtures, and equipment. The lease is good for 4 year with a 5 year option The store also included over $150,000 in inventory included in the asking price.
Details
Maps
General Property Description
Sold Price Per SqFt: 236.84
Ttl Apx SqFt Bldg: 950
Uncvrd Parking Spcs: 20
Income & Expenses
Annual Gross Sales: 300000
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: 40000
Apx Val Inventory: 150000
Business Type
Retail: 1
Pmt & Rate Info
Equity: 225000
Down Payment %: 0
Total Owed: 0
Showing Notification Methods
Showing Service: Aligned Showings
Lockbox Type
See Private Remarks: 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
5 - 10 Years: 1
Heating
See Remarks: 1
Current Ownership
5 - 10 Years: 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
Owner May Carry: 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
Contract Info
Current Price: $225,000
List Price: $225,000
Status: Active
List Date: 2024-08-22
Location
House Number: 0000
Compass: W
Street Name: XXXXXXXXXXX
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: 33.556651
Geo Lon: -112.231824
Income Expenses
Net Operating Income: 84000
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: 5 - 10 Years
Current Ownership: 5 - 10 Years
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: See Private Remarks
Current Financing 1: See Remarks
Current Financing 2: See Remarks
Current Financing 3: See Remarks
New Financing: Cash; Seller Approve Terms; Owner May Carry
Environmental: Other (See Remarks)
Listing Office: American Realty Brokers
Last Updated: February - 07 - 2026
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