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Verizon
Lake Havasu City, AZ 86403
Brand New NNN Leases- PAD to Grocery Store · Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • Brand New 2-Tenant Outparcel PAD (Fee Simple) with Drive Thru- Verizon (NYSE: VZ)/ Riliberto’s
  • PAD of Grocery Anchored Shopping Center (Food City/99c Store/Starbucks) - Main Retail Trade Area
  • Internet/Recession/COVID 19 Proof Retail Asset in Famous West Coast Tourist Destination- Low Rents
  • RARE Opportunity in Lake Havasu City “Arizona’s Playground”- Huge Tourist Traffic Year-Round
  • 10 Yr. Lease by Riliberto’s with 24 Hour Drivethru- Personal Guarantee on Lease- Multi Unit Restaurant
  • Prominent Site/Visibility- Just down from London Bridge- One of Most Affordable Family Vacation Spots

PROPERTY FACTS

Property Type
Retail
Property Subtype
Freestanding
Building Size
4,016 SF
Building Class
B
Year Built
2019
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.15
Lot Size
0.60 AC
Zoning
C-2-PD
Parking
31 Spaces (7.72 Spaces per 1,000 SF Leased)
Frontage
134’ on Highway 95

AMENITIES

  • Drive Thru

ABOUT VERIZON , LAKE HAVASU CITY, AZ 86403

We are pleased to offer to qualified investors an opportunity to purchase a 100% occupied new construction two tenant NNN leased center with a drivethru, occupied by Verizon and Rilibertos. Positioned as an outparcel to a grocery anchored shopping center the subject property benefits from great visibility and access off AZ State Hwy 95 and is located next to major national retailers such as Starbucks (new construction), Food City, Aaron’s, Chase Bank, 99 Cents Only, Big Lots, Circle K and more. This is an excellent opportunity to acquire a well-positioned, 100% occupied NNN leased two-tenant retail investment, with an end-cap drive-thru, that provides long term passive income with minimal landlord responsibilities.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
115-19-003C
Land Assessment
$304,110
Improvements Assessment
$1,757,714
Total Assessment
$2,061,824
  • Listing ID: 19172528

  • Date on Market: 4/9/2020

  • Last Updated:

  • Address: Verizon, Lake Havasu City, AZ 86403

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