3401 4Th AveYuma, AZ 85365
Prime Yuma Shopping Center, High Occupancy
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 115
Highlights
- Big Curve Shopping Center, a 128,096 SF retail center in Yuma, AZ, boasts 97% occupancy and a $2,093,836 NOI, yielding an 8.00% cap rate at $26,173,000 ($204.32/SF).
- 53% of the GLA (approx. 68,262 SF) is occupied by 24 tenants for 10+ years, including national brands like Starbucks and Albertsons, indicating high tenant demand and recession resistance.
- Projected NOI increase exceeding $675,000 (32%) over the hold period, driven by rent increases and lease adjustments, offers strong inflation protection.
- The 3-mile radius boasts over 58,500 residents with average household incomes exceeding $77,900, situated in a rapidly growing Yuma market with significant home value appreciation.
Property Details for 3401 4Th Ave
- Property type
- Lifestyle centers, Power centers
- Square Feet
- 128,096 SF
- Year Built/Renovated
- 1968/1996
- Buildings
- 14
- Stories
- 1
- Lot Size (sq. ft)
- 499,198 SF
Location Insight
- City
- Yuma
- County
- Yuma
- State
- Arizona
- Latitude
- 32.6658489
- Longitude
- -114.6244015
Nearby Similar for Sale
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