2106 Az-95Bullhead City, AZ 86442

  • Retail properties
  • 4,000 SF
For Sale
$2,200,000 View listing

Property Details for 2106 Az-95

Property size (Sq ft)
4,000 SF
Property type
Retail properties
Property subtype
Auto shops

Description

This exceptional investment opportunity presents a fully leased, 4,000 square foot boat dealership situated on two adjacent lots totaling 4,000 square feet in Bullhead City, Arizona. Located at 2106 AZ-95, this property boasts a hard corner location on a major highway with excellent visibility and approximately 40,000 daily vehicles passing by. The current tenant, a credit-rated business, has occupied the premises since April 1, 2015, under a triple-net (NNN) lease with 10 years remaining and three additional 5-year options, each with a 10% rent increase. The lease includes 16 parking spaces. Significant improvements have been made over the past decade, including new air conditioners, paved lots, a 30-foot LED sign, roof resealing, and window replacements. The property requires no immediate capital improvements. The current Net Operating Income (NOI) is $115,500, yielding a 5.25% cap rate. This presents a stable, hands-off investment ideal for passive income seekers. The tenant is open to lease termination with relocation cost coverage should a developer acquire the property. This is a rare opportunity to acquire a well-maintained, high-performing retail asset in a prime location with strong long-term growth potential.

2106 Az-95, Bullhead City, Arizona

Location Insight

City
Bullhead City
County
Mohave
State
Arizona
Latitude
35.1121
Longitude
-114.598

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