2350 Miracle Mile Rd - Storefront Retail/Office FOR SALE


Bullhead City, AZ 86442
$950,000 USD
702-215-7120
2350 Miracle Mile Rd, Bullhead City, AZ for Sale
$950,000 USD
Storefront Retail/Office - FOR SALE
1/45
null | 7.42% Cap Rate

2350 Miracle Mile Rd
Bullhead City, AZ 86442


HIGHLIGHTS

  • Multi-tenant value-add opportunity (3 suites) | Priced below replacement cost | Outparcel to Riverview Mall Shopping Center (24 acres)
  • 33% Leased to "Allied Cash Advance" (Guarantor: ACA Financial LLC; ±50 units) | Tenant has occupied the space since 2006
  • Allied Cash Advance's recent 3 year extension (2023) demonstrates their commitment to the site | Below Market Rent
  • Strategic Retail Location | Anchored by Big Lots, CVS, & Joann Fabrics
  • Excellent Visibility & Exposure: 27,284 VPD (2022) | 175 ft of frontage on S Miracle Mile & 200 ft on Marina blvd
  • Dense Trade Area | Nearby National Tenants: Walgreens, Arby's, Popeyes, Wendy's, Jack in the Box, Taco Bell, Planet Fitness, KFC, AutoZone

OVERVIEW

See attached OM (below) and call to discuss. Opportunity to purchase value-add retail pad (3 suites), 33% leased to "Allied Cash Advance" (Corporate Guarantee, ±50 units). Outparcel to Riverview Mall Shopping Center (24 ac); anchored by Big Lots, CVS, & Joann Fabrics. Attractive SBA Financing for owner/users who wish to purchase the property and occupy the vacant space (additional income from in-place tenant).

FOR SALE DETAILS

PRICE

$950,000 USD

PRICE/SF

$189 USD /SF

CAP RATE

7.42%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Price Reduction | Value-add

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

ADD'L SUBTYPES

Fast Food, Restaurant, Medical

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2000

SPRINKLERS

-

PARKING SPACES

40

LAND DETAILS

LAND ACRES

0.75 AC

LAND SF

32,670 SF

ZONING

C-2

APN/PARCEL ID

220-35-006

ASK ABOUT THIS PROPERTY

Dustin AlvinoMarcus & MillichapMore Info
702-215-7120

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

Dustin AlvinoMarcus & MillichapMore Info
702-215-7120

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