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1519 Queens Bay 1519 Queens Bay 9,034 SF Retail Building Lake Havasu City, AZ 86403 $3,000,000 ($332.08/SF)
EXECUTIVE SUMMARY
Prime location near London Bridge. Restaurant and Bar with second floor banquet facility. Elevator and outside lighted patio area. Current use Romano's Restaurant. Located on restaurant row. Present Tenant lease to escalate at renewal 9/2025. Projected Cap Rate 5.5% Projected NOI $165,000
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
9,034 SF
Building Class
B
Year Built/Renovated
1982/1986
Price
$3,000,000
Price Per SF
$332.08
Tenancy
Single
Building Height
2 Stories
Building FAR
0.41
Lot Size
0.50 AC
Zoning
C-1 - Limited commercial
Parking
28 Spaces (3.1 Spaces per 1,000 SF Leased)
Frontage
181’ on Queens Bay/Swanson Avenue
AMENITIES
- Corner Lot
- Restaurant
- Signage
- Air Conditioning
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
-
- Accommodation and Food Services
- -
- -
- Triple Net
- Nov 2022
Fast Eddie’s® provides a clean, welcoming atmosphere that caters to all occasions, whether it's the excitement of watching the Super Bowl or a more laid-back Monday night enjoying a game of 9-ball. With its friendly vibe and inviting environment, Fast Eddie’s® has become a favorite gathering spot. True to its motto, “Life is meant to Be Good,” the venue creates a space where every guest can relax, unwind, and enjoy life's simple pleasures.
- Fast Eddys Mexican Grill
- Retailer
- -
- -
- -
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
|
|
Accommodation and Food Services | - | - | Triple Net | Nov 2022 | |
| Fast Eddys Mexican Grill | Retailer | - | - | - | - |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 107-38-038 | Improvements Assessment | $716,119 |
| Land Assessment | $284,116 | Total Assessment | $1,000,235 |
PROPERTY TAXES
Parcel Number
107-38-038
Land Assessment
$284,116
Improvements Assessment
$716,119
Total Assessment
$1,000,235
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Presented by
Ballard Commercial Group at Brooks-Clark and Assoc
1519 Queens Bay | 1519 Queens Bay
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