This property is Off-Market

1960 Hwy. 95
Bullhead City, AZ 86442 ·

4,226 SF · Retail For Sale

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Retail Property For Sale

Price N/A Cap Rate 7.50%
Gross Leasable Area 4,226 SF No. Stories 1
Property Type Retail Tenancy Multiple
Property Sub-type Strip Center Year Built 1970
Property Use Type Investment Lot Size 20,473 SF
Listing ID: 15415981 Date Created: 10/31/2007 Last Updated: 03/12/2008

Description

Divorce Forces Sale; 7 unit strip center approx. 5,286 sq. ft. with 110 feet of Highway frontage; on .47 acres. City water, city sewer, central a/c and heat, phone, private restrooms, current use conforms to local zoning. Available Documents: Accounts Payable , Accounts Receivable , Appraisals-Real Estate , Balance Sheet , Building Lease , Floor Plan , Insurance Policies , Local Maps , Profit/Loss Statement. Approx. 7.5 % Cap Rate. Rents are low and could be raised after curent leases expire. Income approach from appraisal $463,000. Sales comparison approach $661,000. "AS IS" Market value opinion $600,000.

110 ft. on Highway 95 in Central Bullhead City Az. 1966 Hwy. 95 also for sale

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1960 Hwy. 95, Bullhead City, AZ 86442 (Mohave County)

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