1150 W 8th St
Yuma, AZ 85364
Downtown Yuma
HIGHLIGHTS
- Prime Location with Excellent Access: Positioned along W 8th Street, the center benefits from daily traffic volumes exceeding 17,463 VPD
- Exclusive Walgreens Tenancy: The subject property includes the only Walgreens within a 3.8-mile radius, offering a dominant retail presence
- Strong Income and Cap Rate: Priced at $3,580,000 with a 7.25% cap rate, the property generates $259,427 in Year 1 NOI.
- Attractive Tenant Mix with Longevity: In addition to Walgreens, the center includes Subway, Pollos El Correteado, Populus Finance, and 8th Street
- High-Performing Local Demographics: The property serves a dense and growing trade area of 91,373 residents within 5 miles with an average household
- Established Retail Trade Hub: Yuma maintains a low retail vacancy rate of just 2.9%, underscoring a strong retail environment.
FOR SALE DETAILS
PRICE
$3,580,000 USD
PRICE/SF
$179 USD /SF
CAP RATE
7.25%
% LEASED
-
TENANCY
Multiple
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Yuma Walgreens & Plaza Stores
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Drug Store
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1994
SPRINKLERS
-
PARKING SPACES
124
LAND DETAILS
LAND ACRES
2.42 AC
LAND SF
105,489 SF
ZONING
C
APN/PARCEL ID
632-64-142
ASK ABOUT THIS PROPERTY
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310-295-1170
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310-295-1170
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