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2580 Highway 95 - Colorado Place, Bullhead City, AZ
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2580 Highway 95 - Colorado Place
SEC Highway 95 & Riverview Dr
Bullhead City, AZ 86442
Existing , Renov 2006
3.78 AC (164,657 SF)
Total Space Avail:
249 Surface spaces are available; Ratio of 2.49/1,000 SF
-Colorado Place, a 100,000 square foot office property - the largest and only class “A” office property in Mohave County - is located at the “100%” location for the Market: the center of the Central Business District of the River Cities Market - at the Crossroads of Highway 95 (the only Highway in the market), and Old Oatman Road (the new and most direct access to the Market’s Master-Planned Communities along the Bullhead Parkway).
-Colorado Place consists of two buildings, one two-story building that fronts on Highway 95 and an adjacent one-story building that fronts on
Miracle Mile. Constructed in 2003, and renovated and condominimized in 2006
United States Government Lease! Signed in July of 2010, this lease with the Internal revenue Service (htt p://www. irs.gov) off ers a secure, cost eff ective investment opportunity for an investor. Long term lease in place does not expire until June 30, 2020.
Upon expiration of their initial 5 year lease within the Colorado Place offices in 2015, the Tenant optioned their 5 year extension, demonstrating the strength and importance of this location to the Tenant. The property is being offer at an 8.1% CAP rate on $18,768 NOI. This long term commitment will provide an investor with a stable,
reliable income in the heart of a healthy, growing metropolis. Situated as an individual medical office condo, the offering is part of the larger “Colorado Place” offi ces, the premier, 100,000 SF Medical/Offi ce building, located at the center of the Central Business District, in the Fastest Growing MICROpolitan area in the US! Centered between Las Vegas and Phoenix, the market has 5 million year round tourists (Californian’s seeking river recreation in the summer, and snowbirds seeking warmer weather in the winter). The condominium association is professionally managed, allowing the owner of this investment hassle-free management of the common areas and building infrastructure.
CLICK HERE TO CONTACT THE LEASING BROKER
FOR LEASE CONTACTS
US Southwest, LLC
(928) 234-5555 x105
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