1870 Mcculloch Blvd N, Lake Havasu City, AZ 86403
Anchored strip mall in Lake Havasu City's health district.
- Added:
- Apr 28, 2025
- Days on Market:
- 435
- Last Refresh:
- Jun 29 at 9:31 pm
Property Features for 1870 Mcculloch Blvd N
General Information
- Standard status
- Active
- Size
- 100,000 SF
- Lot size
- 7.45 Acres
Listing office Keller Williams Arizona Living Realty (928) 453-6111
Listing date Apr 28, 2025
Source Exprealty
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HighLights
- Investment opportunity with great upside potential.
- Includes a 100,000 SF anchor building plus a 15‑unit strip mall.
- Strip mall is 100% occupied.
- Prime location in the heart of Lake Havasu City next to the Community Health District.
- Located within an area with over 646 businesses.
- Well‑maintained improvements.
Overview
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $1.50M | $15.00 |
| − Vacancy | −$112.5k | −$1.13 |
| EGI | $1.39M | $13.88 |
| − OpEx | −$416.3k | −$4.16 |
| NOI | $971.3k | $9.71 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Lake Havasu City
- County
- Mohave
- State
- Arizona
- Longitude
- -114.338
- Latitude
- 34.4761
