0000 E XXXXXXXX Avenue, Mesa, AZ 85206 (MLS# 6402117)

0000 E XXXXXXXX Avenue, Mesa, AZ 85206

$4,250,000

Property Type: Business Opportunity Square Footage: 1,000 Status: Closed

Current Price: $4,250,000 Last Modified: 4/13/2025

Overview

Description

If you are looking for one of the most profitable smoke shop in the Valley with staff in place with the owner that produces over $1,800,000 net profit in the owner pocket after all expenses and over $500,000 per month in Gross Sales with amazing seller financing terms and solid client base in a great location surrounded by corporate tenants with over 10 years of existence then look not further. This smoke shop is situated in a 1000 sq.ft. suite in a busy shopping center with tons of frontage view to a major road surround by corporate tenants that bring a lot of traffic. The lease is amazing as well at $2,300 per month all in with 4 years left and multiple 5 year options. The store boasts around $400,000 of the top of market inventory carefully selected from the owner included in the price.

Listing Details MLS# 6402117

Location

Map Code/Grid: L31
House Number: 0000
Compass: E
Street Name: XXXXXXXX
St Suffix: Avenue
City/Town Code: Mesa
State/Province: AZ
Zip Code: 85206
County Code: Maricopa
Assessor Number: 000-00-000

General Property Description

Ttl Apx SqFt Bldg: 1000
Uncvrd Parking Spcs: 50

Status Change Info

Off Market Date: 2022-07-29
Under Contract Date: 2022-07-01
Close of Escrow Date: 2022-07-29

Income Expenses

Net Operating Income: 1800000

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: 6000000
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: 50000
Apx Val Inventory: 400000

Business Type

Retail: Yes

Pmt & Rate Info

Equity: 3950000
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
Inventory: Yes
Lease Value: Yes
Cvnt not to Compete: Yes

Lease Information

Other - See Remarks: Yes

Hours of Operation

Other - See Remarks: Yes

Business Age

10+ Years: Yes

Heating

See Remarks: Yes

Current Ownership

5 - 10 Years: Yes

Cooling

See Remarks: Yes

Training

Other - 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: 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: 10+ Years Current Ownership: 5 - 10 Years Training: Other - See Remarks 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 - 13 - 2025