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305 W Catalina Dr
Yuma, AZ 85364
Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Storefront
Building Size
128,129 SF
Building Class
B
Year Built/Renovated
1969/2012
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.67
Lot Size
4.38 AC
Zoning
B-2
Parking
600 Spaces (4.68 Spaces per 1,000 SF Leased)

ABOUT 305 W CATALINA DR , YUMA, AZ 85364

Institutional Property Advisors has been exclusively retained to offer for sale the fee simple interest in Big Curve Retail & Medical Community Center, a 228,134-square-foot mixed-use retail & medical community center fronting Business Route 8 and Catalina Drive, located in Yuma, Arizona. This well-maintained, grocery- and medical-anchored community center has become a focal point of necessity-based goods and services for the Yuma community. The center has maintained consistent cash flow, with long term occupancies estimated at an average of 13.8 years offering reliable rent growth. Credit tenants comprise 61 percent of the gross leasable area. Big Curve draws from a sizable trade area of more than 168,000 people within a 30-minute drive. Within that drive time are more than 58,600 households with an average household income of about $57,700. The property’s location along Business Loop Interstate 8 boasts about 2,250 feet of frontage along this major arterial. The center is just a mile and a half from the Yuma International Airport and Marine Corps Air Station–Yuma (MCAS Yuma). Yuma is located in the southwest corner of Arizona, bordering California and less than 30 miles north of the U.S.-Mexico border. The city enjoys a stable economy anchored by agriculture, tourism, and military-related industries. Major employers in Yuma include MCAS– Yuma, U.S. Army Yuma Proving Ground, the Yuma Regional Medical Center, and the Yuma School District. Other drivers of economic activity in the city include the Yuma International Airport and Convey Health Solutions. The city’s population nearly doubles during the winter months as “snowbirds” flock to the area to take advantage of the warm weather.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
695-27-002
Land Assessment
$105,274
Improvements Assessment
$325,397
Total Assessment
$430,671
  • Listing ID: 12959675

  • Date on Market: 6/21/2018

  • Last Updated:

  • Address: 305 W Catalina Dr, Yuma, AZ 85364

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