Retail Suite with Monument
For Sale
Contact for pricing
116 S Lake Havasu Ave S #104, Lake Havasu City, AZ 86403
The compact commercial space includes a street-facing monument sign position and shared parking for customer and staff access.
Property Size824 SF
Price / SF$1.58
Days on Market135
Property Features for 116 S Lake Havasu Ave S #104
General Information
Standard status
Active
Size
824 SF
Property subtype
General Commercial
Building Details
Year Built
1995
Listing Agency:
HomeSmart River Realty
Listed By:
Havasu Life Properties
(928) 732-4866
Source:
Havasulifeproperties
Added: Jun 20
Changed: Oct 31
Last Checked: Oct 31 at 1:07PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of HomeSmart River Realty
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Investment Insights
Based on property information with market context.
Suite 104 is an 824-square-foot retail space in a building constructed in 1995. Its street-facing position supports placement on the property’s monument sign, and the listing notes parking for customers and staff.
The suite is located at 116 S Lake Havasu Ave S in Lake Havasu City, Arizona, along Lake Havasu Avenue.
The suite is located at 116 S Lake Havasu Ave S in Lake Havasu City, Arizona, along Lake Havasu Avenue.
Key Highlights
- 824‑square‑foot retail suite
- Monument sign placement available along the street
- Parking available for customers and staff
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$8,003
Suggested Prices Based on Cap Rates
Cap Rate 5%
$160,060
$160.1K
Cap Rate 7%
$114,329
$114.3K
Cap Rate 9%
$88,922
$88.9K
Market Conditions
NOI Build-Up for 824 SF
Gross rent
$12.4K $15.00/SF
− Vacancy
−$927 −$1.13/SF
EGI
$11.4K $13.88/SF
− OpEx
−$3.4K −$4.16/SF
NOI
$8.0K $9.71/SF
Area
Mohave County, AZ
Vacancy
7.50%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$160,060
Cap Rate 7%
$114,329
Cap Rate 9%
$88,922
Alternative Uses
Best Use
Retail
$114.3K
$100.0K – $133.4K
NOI $8,003 @ 7.0% cap · market cap 615.62%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$184.0K
$161.0K – $214.6K
NOI $12,878 @ 7.0% cap · market cap 990.62%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
2,254
Businesses Nearby
429k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 52%
Shops & Services 16%
Groceries 15%
Apparel 11%
In-N-Out Burger
Dining
39,494 visits/mo
0.3 miles
Ross Dress for Less
Apparel
35,975 visits/mo
0.3 miles
Safeway
Groceries
34,599 visits/mo
0.1 miles
Albertsons
Groceries
30,836 visits/mo
0.5 miles
McDonald's
Dining
24,894 visits/mo
0.2 miles
Demographics for 86403, AZ
17,787
Population
11,604
Households
1.5
Avg Household Size
53
Median Age
18%
College-Educated
89%
High-School Grad
11.0 sq mi
ZIP Area
1,617
Density / Sq Mi
$57,531
Median Household Income
$33,368
Median Earnings
$1,152
Median Rent
$313,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in West region
Frequently Asked Questions
What type of property is this?
Retail space - The compact commercial space includes a street-facing monument sign position and shared parking for customer and staff access.
Where is this retail space located?
The property is located at 116 S Lake Havasu Ave S #104 Lake Havasu City, AZ.
What are key features of this property?
This property features: 824‑square‑foot retail suite; Monument sign placement available along the street; Parking available for customers and staff
