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

Information deemed reliable but not guaranteed.