$500,000
Mesa, AZ 85206
MLS# 6884353
Status: Closed
1 / 1
Property Description
If you are looking for one of the most profitable smoke shop in the East Valley with stay in place with the owner that produces around $215,000 profit in the owner pocket after all expenses and over $70,000 per month in Gross Sales with amazing seller financing terms and solid client base in a great location sitting in the center with two major tenants then look no further. This smoke shop is situated in a 1425 sq.ft. suite in a busy shopping center with tons of frontage view to a major road intersection that brings a lot of traffic right on the corner cap of the center. The lease is amazing as well at $5,125 per month for 1425 sq.ft. all in with 3 years left and a two 5 year options.The store boasts around $150,000 of the top of market inventory, carefully selected is included in price
Details
Maps
General Property Description
Sold Price Per SqFt: 350.88
Ttl Apx SqFt Bldg: 1425
Uncvrd Parking Spcs: 20
Income & Expenses
Annual Gross Sales: 840000
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: 150000
Business Type
Retail: 1
Pmt & Rate Info
Equity: 500000
Down Payment %: 0
Total Owed: 0
Showing Notification Methods
Showing Service: Aligned Showings
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
Lease Value: 1
Cvnt not to Compete: 1
Other - See Remarks: 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
1 - 3 Years: 1
Cooling
See Remarks: 1
Expenses Include
See Remarks: 1
Business/Tenant Pays
See Remarks: 1
Source of Fincl Data
Owner: 1
Water Source
See Remarks: 1
Sewer
See Remarks: 1
Parking Features
See Remarks: 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
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: $500,000
Sold Price: $500,000
Status: Closed
List Date: 2025-06-24
Location
House Number: 0000
Compass: E
Street Name: XXXXXXXX
St Suffix: Road
City/Town Code: Mesa
State/Province: AZ
Zip Code: 85206
Country: US
County Code: Maricopa
Assessor Number: 000-00-000
Remarks Misc
Geo Lat: 33.385264
Geo Lon: -111.650615
Status Change Info
Off Market Date: 2026-05-06
Under Contract Date: 2026-04-01
Close of Escrow Date: 2026-05-06
Sold Price: $500,000
Income Expenses
Net Operating Income: 215000
Property Features
Business Type: Retail
Form of Ownership: Other - See Remarks
Sale Price Includes: Goodwill; Equipment; Lease Value; Cvnt not to Compete; Other - See Remarks
Lease Information: Other - See Remarks
Hours of Operation: Other - See Remarks
Type of Lease: Other - See Remarks
Business Age: 1 - 3 Years
Current Ownership: 1 - 3 Years
Expenses Include: See Remarks
Source of Fincl Data: Owner
Parking Features: See Remarks
Electric: Other (See Remarks)
Gas: Other (See Remarks)
Water Source: See Remarks
Sewer: See Remarks
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; Owner May Carry
Environmental: Other (See Remarks)
Listing Office: American Realty Brokers
Last Updated: May - 07 - 2026
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