375 S Lake Havasu Ave

    Lake Havasu City, AZ 86403
    • $725,000
    • STATUS: Active
    • ON SITE: 4 days
    • MLS #: 1007122
    New On Site 4 Days Ago
    UPDATED: 29 min ago
    $725,000
    • 0
      BEDS
    • 0.23
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,003
      SQFT
    • $181
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1992
    County:
    Area:

    School Ratings & Info

    Description

    Investment Opportunity: Completely remodeled professional office space, now 100% occupied with two newer lease agreements. Centrally located with fantastic Highway visibility! Offered at roughly a 7% Cap Rate, with two long time Havasu businesses occupying the property. Call or email Luke (luke@desertlandgroup.com) for additional details. Both leases are NNN agreements, Pro Forma provided upon request.

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    www.thelanderteam.com/homes/96802053

    375 S Lake Havasu Ave Lake Havasu City, AZ 86403

    • Price: $725,000
    • Status: Active
    • Updated: 29 min ago
    • MLS #: 1007122
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.23
    Acres
    4,003
    SQFT
    $181
    $/SQFT
    1992
    Built
    Neighborhood:
    Lake Havasu City
    County:
    Mohave
    Area:
    Lhc-Central
    Property Description
    Investment Opportunity: Completely remodeled professional office space, now 100% occupied with two newer lease agreements. Centrally located with fantastic Highway visibility! Offered at roughly a 7% Cap Rate, with two long time Havasu businesses occupying the property. Call or email Luke (luke@desertlandgroup.com) for additional details. Both leases are NNN agreements, Pro Forma provided upon request.
    Exterior Features

    Construction BlockStuccoWood Frame Fencing Back Yard Parking Parking in Common Roofing Rolled/Hot Mop

    Interior Features

    Cooling Central AirElectric Flooring VinylTile-OtherW/W Carpet Unit1 Sqft 2207.00 Unit2 Sqft 1796.00

    Property Features

    Annual Gross Income 65625.00 Annual Net Income Amount 49831.00 Approx Lot Dimensions 40X250 Commercial Type General Commercial Electric Gas Separate Meters Expandable No Features DumpsterExhaust Fan(S)Exterior LightsFire AlarmPrivate RestroomsReception AreaSecurity SystemSign-RoofSmoke Detector(S) Flood Plain No Front Exposure East Heating ElectricCentral Hoa YN No Less Than1 Acre Yes Multi Tenant Building Yes Owner Pays Roof Maintenance Road Frontage Feet 40 Sewer City Site Description LakeviewPaved RoadRoom For StorageSidewalkStand Alone Building Special Information Presently Leased Tenant Pays All UtilitiesCommon Area MaintenanceElectricityFire AlarmFire InsuranceInterior MaintenanceInternal RepairsJanitorial ServiceInsuranceTaxesSecuritySewerTrash CollectionWater Terms CashConventional Unit1 Annual Monthly Monthly Unit1 Rent 2989.00 Unit2 Annual Monthly Monthly Unit2 Rent 2480.00 Use Type Professional/Office Water City Zoning L-C-1 Limited Commercial

     
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