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Waterfront Retail Investment Opportunity
For Sale
$1,990,000

1407 Mcculloch Blvd N, Lake Havasu City, AZ 86403

Fully leased retail property near London Bridge in Lake Havasu.

Property Size23,673 SF
Lot Size3.32 Acres
Price / SF$84.06
Days on Market407

Property Features for 1407 Mcculloch Blvd N

General Information

Standard status Active
Size 23,673 SF
Lot size 3.32 Acres

Taxes and HOA fees

Annual Taxes $8,796
Listing Agency: Mohave Realty
Listed By: Raul Ballas · License #01826517
Source: Exprealty
Added: Jul 14, 2025 Changed: Aug 23 Last Checked: Aug 21 at 2:14PM

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 Mohave Realty

Investment Insights

Based on property information with market context.

Island Mall at Lake Havasu's London Bridge presents an opportunity to acquire a 100% leased, multi-tenant retail investment property. Constructed in 1987 and renovated in 2020, the two-story asset contains approximately 23,673 square feet of space on a 3.32-acre parcel. The property is positioned directly along the Bridgewater Channel, offering roughly 200 feet of waterfront frontage. The property is located directly adjacent to the London Bridge. The asset is fully occupied by a mix of experiential, dining, and retail tenants, including Shugrue's Restaurant & Bar, Barley Bros. Brewery, and Makai Café, along with other local and regional operators. The property operates with a combination of NNN and gross leases, generating a stable income stream. Several tenants feature long-term occupancy histories and percentage rent components. The property is strategically located along McCulloch Boulevard, the primary retail and entertainment corridor in the London Bridge district, benefitting from strong traffic counts, high pedestrian activity, and a tourism-driven economy. Lake Havasu City is a recreational destination known for boating, events, and year-round outdoor activity.

Key Highlights

  • 100% leased multi‑tenant retail investment property.
  • Irreplaceable waterfront location directly along the Bridgewater Channel with roughly 200 feet of frontage and adjacency to the London Bridge.
  • Generates a stable income stream with current net operating income of approximately $662,226.

Property Analytics

Current Use

Arizona's Children Association Social Service Agency O&O Solutions Building Supply

Suggested Use

Top Pick Law Firm Restaurant Building Supply Big Box & Wholesale Store Real Estate Agency HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

67
Businesses Nearby
Under-served
Demand for This Use

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

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
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Frequently Asked Questions

What type of property is this?
Shopping center - Fully leased retail property near London Bridge in Lake Havasu.
Where is this shopping center located?
The property is located at 1407 Mcculloch Blvd N Lake Havasu City, AZ.
What is the asking price?
The asking price for this property is $1,990,000.
What are key features of this property?
This property features: 100% leased multi‑tenant retail investment property.; Irreplaceable waterfront location directly along the Bridgewater Channel with roughly 200 feet of frontage and adjacency to the London Bridge.; Generates a stable income stream with current net operating income of approximately $662,226.
More about this property
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