This Industrial Property is Off-Market.

5630 S. Hwy. 95,
Fort Mohave, AZ 86426 ·

37,772 SF · Industrial For Sale

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Performance Plaza Storage

Price N/A Cap Rate 7.92%
Building Size 37,772 SF Occupancy 52%
Property Type Industrial Tenancy Multiple
Property Sub-type Self/Mini-Storage Facility Clear Ceiling Height 10 ft.
Property Use Type Investment Lot Size 2.31 AC
Listing ID: 18296449 Date Created: 08/05/2013 Last Updated: 02/12/2014

Description

Performance Plaza Storage includes a self storage facility plus 10 retail spaces. Pricing is a 7.92 cap rate based on actual 52% occupancy. The self storage consists of 321 storage units comprising approximately 28,175 net rentable square feet plus 6 parking spaces for boats and RV' s. There are also 2 residential apartments on site, one of which is currently rented. The other could be used as a residence for an on-site manager.. The retail tenants draw a significant amount of daily traffic to the plaza. The site area is 2.31 acres. There is also a large remodeled on-site office. The property enjoys excellent exposure off of Hwy 95 and is located adjacent to a major housing subdivision.

Fort Mohave is geographically between, and demographically connected to, Bullhead City, Arizona and Mohave Valley, Arizona. Highway 95 is the main roadway which stretches from Bullhead City south through Lake Havasu City and down to Interstate 10. As of the census of 2010, the population of Fort Mohave was 14,364, up 61 percent from 8,919 in 2000.

Research

5630 S. Hwy. 95,, Fort Mohave, AZ 86426 (Mohave County)

Property Record Data - Historical Listings, current tax, mortgage, owners & tenant info for this property

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