For Sale
$2,377,148

11345 Fortuna RdYuma, AZ 85367

High-Cap Rate Retail Property in Yuma, AZ

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional investment opportunity presents a 3,000 square foot retail storefront located at 11345 S Fortuna Rd, Yuma, Arizona, 85367. Built in 2017, this Class C property sits on a sizable 16,117 square foot lot and boasts a highly attractive 5.40% cap rate. The property is currently leased to a national credit tenant, Verizon, under a Double-Net (NN) lease agreement with approximately 3 years remaining on the lease term. This ensures a stable income stream for the investor. Strategically positioned directly off Interstate-8, the property benefits from significant visibility and high traffic counts, maximizing its retail potential. The building's prime location offers excellent frontage on S Fortuna Road, providing easy access and high exposure for the tenant. The asking price for this well-maintained, income-producing property is $2,377,148. This Yuma, Arizona storefront represents a compelling investment opportunity with strong tenant occupancy and a desirable location. The property's size, location, and current lease terms make it an attractive addition to any commercial real estate portfolio. The long-term potential for growth and appreciation in this area further enhances its investment appeal. Don't miss this chance to acquire a high-yield retail property in a thriving market.

Highlights

  • 3,000 SF retail storefront at 11345 S Fortuna Rd, Yuma, AZ 85367.
  • Built in 2017, Class C property on a 16,117 SF lot with a 5.40% cap rate.
  • NNN leased to Verizon with ~3 years remaining.
  • High visibility location directly off Interstate-8 with excellent frontage on S Fortuna Rd.
  • Asking price: $2,377,148.

Property Details for 11345 Fortuna Rd

Property type
Retail properties, Retail space
Square Feet
3,000 SF
Class
C
Year Built
2017

Location Insight

City
Yuma
County
Yuma
State
Arizona
Latitude
32.6665591
Longitude
-114.4438357
11345 Fortuna Rd, Yuma, Arizona

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11345 Fortuna Rd
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