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Small Business Complex 620 E Beale St 2,527 SF 100% Leased Office Building Kingman, AZ 86401 $739,838 CAD ($292.77 CAD/SF) 6.94% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Beale Street Office Complex is a multi-tenant commercial investment encompassing three versatile properties with redevelopment potential.
  • Discover a unique multi-tenant space with character at the small business units, showcasing a high-occupancy rate.
  • Rear private office space with dedicated parking offers added convenience and is ideal for small businesses or rental investments.
  • In the heart of Downtown Kingman, walkable to dining, shopping, entertainment, and residential neighborhoods.
  • Direct access to Interstate 40 and the Kingman Train and Amtrak station provides connections throughout AZ, NV, and CA.

EXECUTIVE SUMMARY

Located in Downtown Kingman, the Beale Street Office Complex at 620 E Beale Street is a versatile office and retail property consisting of a main office building, a row of leased small business units, and a privately accessed secluded office unit. With steady rental income and potential for redevelopment, this property offers an excellent investment opportunity in a growing market.

The main office building at Beale Street Office Complex is a multi-unit commercial space featuring leased offices and retail storefronts in a downtown location. With prime frontage on Beale Street, this space is ideal for business operations, professional services, or a value-add investment. Business owners and investors alike will appreciate this property's steady rental income, excellent visibility, and future redevelopment potential.

The row of seven leased office units offers small business units with a distinctive design that complements Kingman’s downtown business district. The high occupancy rate ensures stable cash flow, making it a great addition to any investment portfolio. Alternatively, this site could be a future redevelopment opportunity.

Beale Street Office Complex also encompasses a private back office and parking property, providing a private workspace with direct access to the parking area. Ideal for an executive office, small business, or rental investment, this space offers convenience, security, and a prime downtown location.

FINANCIAL SUMMARY (PRO FORMA - 2025)

ANNUAL (CAD) ANNUAL PER SF (CAD)
Gross Rental Income $68,679 $27.18
Other Income - -
Vacancy Loss - -
Effective Gross Income $68,679 $27.18
Taxes $3,050 $1.21
Operating Expenses $14,272 $5.65
Total Expenses $17,322 $6.85
Net Operating Income $51,357 $20.32

FINANCIAL SUMMARY (PRO FORMA - 2025)

Gross Rental Income (CAD)
Annual $68,679
Annual Per SF $27.18
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $68,679
Annual Per SF $27.18
Taxes (CAD)
Annual $3,050
Annual Per SF $1.21
Operating Expenses (CAD)
Annual $14,272
Annual Per SF $5.65
Total Expenses (CAD)
Annual $17,322
Annual Per SF $6.85
Net Operating Income (CAD)
Annual $51,357
Annual Per SF $20.32

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Office/Residential
Building Size
2,527 SF
Building Class
C
Year Built
1920
Price
$739,838 CAD
Price Per SF
$292.77 CAD
Cap Rate
6.94%
NOI
$51,357 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
2,527 SF
Building FAR
0.21
Lot Size
0.28 AC
Zoning
C2 - Community Business
Parking
6 Spaces (2.37 Spaces per 1,000 SF Leased)

AMENITIES

  • Courtyard
  • Signage
  • Balcony

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE TYPE
  • LEASE END
  • Separate list on demand
  • Administrative and Support Services
  • -
  • -
  • Single Net
  • -
TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE TYPE LEASE END
Separate list on demand Administrative and Support Services - - Single Net -

DEMOGRAPHICS

Demographics

1 Mile 1 Mi. 3 Miles 3 Mi. 5 Miles 5 Mi.
1 Mile
3 Mile
5 Mile
2020 Population
2,409
19,870
35,846
2024 Population
2,206
18,501
34,279
Population Growth '20-'24
-8.4%
-6.9%
-4.4%
2020 Households
979
8,065
14,486
2024 Households
883
7,501
13,839
Household Growth '20-'24
-9.8%
-7.0%
-4.5%
Average Age
43
43
44
Median Household Income
$35,714
$45,921
$50,379
Daytime Employees
2,780
13,546
18,167
Total Businesses
314
1,684
2,257
College Degree + Higher
14%
16%
20%
$ values in USD

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 303-12-028
  • 303-12-029
Land Assessment
$166,441 CAD (2026)
Improvements Assessment
$267,375 CAD (2026)
Total Assessment
$433,816 CAD (2026)
Annual Taxes
$3,050 CAD ($1.21 CAD/SF)
Tax Year
2025
  • Listing ID: 35364083

  • Date on Market: 2025-03-17

  • Last Updated:

  • Address: 620 E Beale St, Kingman, AZ 86401

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