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1150 W 8th St
Yuma, AZ 85364
Yuma Walgreens & Plaza Stores · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Prime Location with Excellent Access: Positioned along W 8th Street, the center benefits from daily traffic volumes exceeding 17,463 VPD
- Strong Income and Cap Rate: Priced at $3,580,000 with a 7.25% cap rate, the property generates $259,427 in Year 1 NOI.
- High-Performing Local Demographics: The property serves a dense and growing trade area of 91,373 residents within 5 miles with an average household
- Exclusive Walgreens Tenancy: The subject property includes the only Walgreens within a 3.8-mile radius, offering a dominant retail presence
- Attractive Tenant Mix with Longevity: In addition to Walgreens, the center includes Subway, Pollos El Correteado, Populus Finance, and 8th Street
- Established Retail Trade Hub: Yuma maintains a low retail vacancy rate of just 2.9%, underscoring a strong retail environment.
EXECUTIVE SUMMARY
Broker of Record
Matthews Real Estate Investment Services, Inc
License No. CO701910000 (AZ)
(866) 889-0550
David Harrington
4110 N Scottsdale Rd Suite 100,
Scottsdale, AZ 85251
Matthews Real Estate Investment Services, Inc
License No. CO701910000 (AZ)
(866) 889-0550
David Harrington
4110 N Scottsdale Rd Suite 100,
Scottsdale, AZ 85251
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Drug Store
Building Size
20,015 SF
Building Class
B
Year Built
1994
Price
$3,580,000
Price Per SF
$178.87
Cap Rate
7.25%
NOI
$259,427
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.19
Lot Size
2.42 AC
Zoning
C - Commercial
Parking
124 Spaces (6.2 Spaces per 1,000 SF Leased)
AMENITIES
- Corner Lot
- Freeway Visibility
- Signage
- Signalized Intersection
PROPERTY TAXES
| Parcel Number | 632-64-142 | Improvements Assessment | $242,273 |
| Land Assessment | $46,464 | Total Assessment | $288,737 |
PROPERTY TAXES
Parcel Number
632-64-142
Land Assessment
$46,464
Improvements Assessment
$242,273
Total Assessment
$288,737
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