11345 S Fortuna Rd - Storefront FOR SALE


Yuma, AZ 85367
$1,902,000 USD
602-687-6694
11345 S Fortuna Rd, Yuma, AZ for Sale
$1,902,000 USD
Storefront - FOR SALE
1/5
null | 6.75% Cap Rate

11345 S Fortuna Rd
Yuma, AZ 85367


HIGHLIGHTS

  • Tenant/Guarantor is One of the Largest Verizon Wireless Retailers in the U.S. with More Than 800 Locations Across 41 States
  • 10% Rental Increases Every 5 Years with Multiple Renewal Options
  • Newer 2017 Construction
  • 46,530 Residents within a 5-Mile Radius - Growing Yuma Trade Area
  • Situated Immediately Off the I-8 Freeway, a Major Connector Providing a Direct Route Between Phoenix and San Diego
  • Excellent Frontage Along Fortuna Road (20,800 Cars per Day)

OVERVIEW

This Verizon-branded retail property offers a secure, income-producing investment in the rapidly growing Yuma trade area. Built in 2017, the asset features modern construction and a prime location along Fortuna Road with excellent visibility and traffic counts exceeding 20,800 cars per day. Positioned immediately off Interstate 8, the site benefits from strong connectivity between Phoenix and San Diego, making it a strategic retail corridor for national brands. The property is leased to Cellular Sales of Arizona, LLC, one of the largest Verizon Wireless retailers in the U.S., operating nearly 800 locations across 41 states. The lease structure is double-net, providing investors with minimal landlord responsibilities and predictable cash flow. Current annual rent is $128,366.70 with scheduled 10% increases every five years, and two renewal options extend long-term stability. Surrounding amenities include Fry’s Food and Drug, Ace Hardware, Planet Fitness, and multiple quick-service restaurants, creating a high-traffic retail environment. Yuma’s population growth, combined with its position as a regional hub serving four states and two countries, underscores the property’s long-term value. With a cap rate of 6.75% and strong tenant credit, this offering represents an attractive opportunity for investors seeking a reliable, well-located net-leased asset.

FOR SALE DETAILS

PRICE

$1,902,000 USD

PRICE/SF

$634 USD /SF

CAP RATE

6.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Verizon

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

ADD'L SUBTYPES

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2017

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.4 AC

LAND SF

17,424 SF

ZONING

CC

APN/PARCEL ID

700-45-241

ASK ABOUT THIS PROPERTY

Nick ChristifulliMarcus & MillichapMore Info
602-687-6694

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Nick ChristifulliMarcus & MillichapMore Info
602-687-6694

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.