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23190189
23190188

1870 McCulloch Blvd N, Lake Havasu City, AZ 86403 For Sale

LS
AZ AZ SA656360000
Keller Williams Commercial Arizona Living Realty
Listed by Keller Williams Commercial Arizona Living Realty
$10,800,000
451 days on market
Updated 57 days ago

Havasu Mart Shopping Center

Details
APN 107-62-001, 107-62-004
Property Type Industrial, Office (+1)
Sub Type Shopping Center
Units 16
Cap Rate 6.23%
NOI $672,606
Tenancy Multi
Lease Type NNN
Year Built 1989
Buildings 2
Acreage 7.450
Zoning General Commercial
Parking Spaces 315 spaces
Investment Type Stabilized
Ground Lease No

Shopping Center | 6.23% CAP

Marketing description

Havasu Mart Shopping Center Located in the heart of Lake Havasu City on McCulloch Blvd, this multi-tenant retail shopping center as well as an anchor building presents a lucrative chance to unlock the power of passive income. Priced at $10,800,000 with a projected 2026 income close to $660K, this property guarantees stable returns with long-term tenants in place and potential for growth over a 5 or 10-year period. Boasting 10 established tenants, including an anchor pad tenant, the property offers diverse income streams and reduced vacancy risks. Enjoy the benefits of anchor tenant stability, a diverse mix of national and regional retailers, and secure rental income from creditworthy tenants. With high foot traffic and strong consumer demand, this property stands out as a valuable investment opportunity in one of Arizona's most sought-after destinations. Don't miss this chance to own a piece of the thriving commercial hub that is Havasu Mart Shopping Center

Investment highlights

  • Contact Agent for Investment Details, Cash Flows, and Pro-Forma

  • Located in the Center of Lake Havasu

  • +/- 120,000 Sf Main tenant Pad with +/-23,470 Sf, 15-unit strip mall.

  • Over 93% Tenant Occupied

Listing Contacts

LS
AZ AZ SA656360000
Keller Williams Commercial Arizona Living Realty
Listed by Keller Williams Commercial Arizona Living Realty

Valuation Calculator

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$672,606.00
$56,050.50/mo

Valuation Metrics

0
DSCR
6.23%
Cap Rate
6.23%
ROI

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Additional Information

Name
Luke Still
License
AZ SA656360000
Brokerage
Keller Williams
Title
Real Estate Broker
Brokerage Address
135 Park Avenue
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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