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Havasu Mart 1850-1870 Mcculloch Blvd N 123,674 SF 100% Leased Retail Building Lake Havasu City, AZ 86403 $11,000,000 ($88.94/SF) 5.60% Cap Rate
INVESTMENT HIGHLIGHTS
- Prime Location in the Center of Lake Havasu City
- Over 95% Tenant Occupancy
- Well Established Tenants
EXECUTIVE SUMMARY
Situated along McCulloch Blvd, the main street of Lake Havasu, this property enjoys maximum exposure, high foot traffic, and strong consumer demand. Surrounded by popular businesses, dining, and entertainment, this location is a key commercial hub within one of Arizona’s most sought-after destinations.
Well established downtown shopping center with historical occupancy well above 90%. Location is ideal and this investment opportunity has the rare combination of steady cash flows, and significant upside over a 5 or 10-year investment horizon.
The mix of tenants includes national and regional retailers, catering to both locals and the city’s significant tourist population.
The strip mall is zoned Commercial and Health District by Lake Havasu City which is permitted for: Multi Fam, Group Living/Retirement, Community Service, Food & Beverage Services, Hotels, and Retail.
Main Anchor Building is also Zoned Commercial and Health District (C-CHD) with a PD overlay allowing for Manufacturing (Light Industrial).
Well established downtown shopping center with historical occupancy well above 90%. Location is ideal and this investment opportunity has the rare combination of steady cash flows, and significant upside over a 5 or 10-year investment horizon.
The mix of tenants includes national and regional retailers, catering to both locals and the city’s significant tourist population.
The strip mall is zoned Commercial and Health District by Lake Havasu City which is permitted for: Multi Fam, Group Living/Retirement, Community Service, Food & Beverage Services, Hotels, and Retail.
Main Anchor Building is also Zoned Commercial and Health District (C-CHD) with a PD overlay allowing for Manufacturing (Light Industrial).
DATA ROOM Click Here to Access
FINANCIAL SUMMARY (PRO FORMA - 2025) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
-
|
-
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (PRO FORMA - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
Sale Type
Investment
Property Type
Building Size
123,674 SF
Building Class
B
Year Built
1989
Price
$11,000,000
Price Per SF
$88.94
Cap Rate
5.60%
NOI
$616,000
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.38
Lot Size
7.45 AC
Zoning
C-CHD, Industrial - Strip Mall is zoned Commercial and Health District and Main Anchor Unit is Zoned for Industrial/Manufacturing
Parking
500 Spaces (4.04 Spaces per 1,000 SF Leased)
AMENITIES
- Property Manager on Site
- Restaurant
- Security System
- Monument Signage
- Air Conditioning
- Smoke Detector
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $11,037,467 (2026) | |
| Land Assessment | $2,574,427 (2026) | Total Assessment | $13,611,894 (2026) |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$2,574,427 (2026)
Improvements Assessment
$11,037,467 (2026)
Total Assessment
$13,611,894 (2026)
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Havasu Mart | 1850-1870 Mcculloch Blvd N
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