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2035 Mesquite Ave, Lake Havasu City, AZ 86403

$3,500,000
Property Type: Commercial Improved Square Footage: 12,335 Lot Size (sq. ft.): 53,143 Status: Active
Current Price: $3,500,000 List Date: 4/10/2024 Last Modified: 12/31/2024

Description

One of the Nicest Multi-Tenant Medical/Office Buildings in Lake Havasu City. Currently 100% leased, this is an INVESTOR/FUTURE USER OPPORTUNITY. The property features two separate buildings totaling 12,335 sq/ft on two parcels adding up to 1.22 acres. Building #1 consists of 6,656 sq/ft and is occupied by two tenants, Troyer Urgent Care and Sunrise Family Health and Wellness, both under NNN leases. Building #2 consists of 5,679 sq/ft and is currently leased by the Department of Veterans Affairs (VA) under a Government Full Lease terminating February 28, 2025. This offers a great opportunity for a new NNN lease or for an owner-user planning a future location. The property is in an excellent location at the corner of Mesquite Ave. and Smoketree Ave., just up the street from Lake Havasu Regional Medical Center. It includes parcels 108-06-140 and 108-06-141.

More Information MLS# 1030126

None

Current Price: $3,500,000

Basic Information

List Price: $3,500,000 Status: Active List Price/SqFt: 283.75 List Date: 2024-04-10 Commercial Type: General Commercial Bus And/Or Re: RE Only Lease Type: Other

Location

Street No.: 2035 Street: Mesquite St Suffix: Ave State: AZ Zip Code: 86403 County: Mohave Subdivision/Community: Lake Havasu City Area: LHC-Central Tract: 100 Block: 7 Lot: 19 & 20 Twp: 13N Sec: 11 Zoning: L-C-2 General Commercial Overlay Districts: None Cross Street: Smoketree Geo Lat: 34.478417 Geo Lon: -114.330671 Parcel ID: 108-16-141

Property Information

Year Built: 1998 Effective Age: 2000 Builder Name: T.R Orr, INC Less Than 1 Acre: No Apx Lot Dim: 207 x 250 Lot SqFt: 53143 Acres: 1.22 Building Stories: 1 Apx Living SqFt: 12335 SqFt Source: Tax Roll Total Buildings: 2 Total # Units: 3 Multi-Tenant Building: Yes Apx Garage Depth: 0-21

Green Information

Solar: None

Remarks

Public Remarks: One of the Nicest Multi-Tenant Medical/Office Buildings in Lake Havasu City. Currently 100% leased, this is an INVESTOR/FUTURE USER OPPORTUNITY. The property features two separate buildings totaling 12,335 sq/ft on two parcels adding up to 1.22 acres. Building #1 consists of 6,656 sq/ft and is occupied by two tenants, Troyer Urgent Care and Sunrise Family Health and Wellness, both under NNN leases. Building #2 consists of 5,679 sq/ft and is currently leased by the Department of Veterans Affairs (VA) under a Government Full Lease terminating February 28, 2025. This offers a great opportunity for a new NNN lease or for an owner-user planning a future location. The property is in an excellent location at the corner of Mesquite Ave. and Smoketree Ave., just up the street from Lake Havasu Regional Medical Center. It includes parcels 108-06-140 and 108-06-141. Directions: corner of Smoketree and Mesquite Ave

Annual Costs

Cap Rate %: 5 NOI $: 198665.44

Unit 1

Tenant: Yes

Unit 2

Tenant: Yes

Unit 3

Tenant: Yes

Property Features

Construction: Block Features: Dumpster; Exterior Lights; Fire Alarm; Private Restrooms; Public Restrooms; Reception Area; Security Lighting; Security System Fencing: Block Interior Flooring: Laminate Wood; Tile-Ceramic; W/W Carpet Cooling: 2+ Units; Ground Mount Unit(s); Roof Mount Unit(s) Heating: 2+ Units; Ground Mount Unit(s); Roof Mount Unit(s) Parking: Carport; Parking in Common Roofing: Urethane Site Description: Paved Road; Sidewalk; Stand Alone Building Terms: 1031 Exchange; Cash Use Type: Medical; Professional/Office Possession: Close Of Escrow
Listing Office: Realty ONE Group Mountain Desert-LH
Listing Agent: Randy Shuffler
Last Updated: December - 31 - 2024
2035 Mesquite Ave, Lake Havasu City, AZ 86403- MLS# 1030126
Information deemed reliable but not guaranteed.

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