Waterfront Retail Investment
For Sale
Contact for pricing
1425 McCulloch Boulevard North, 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$570.27
Days on Market96
Property Features for 1425 McCulloch Boulevard North
General Information
Standard status
Active
Size
23,673 SF
Lot size
3.32 Acres
Property subtype
Retail, Mixed Use, Special Purpose
Zoning
C-1/PD (Limited Commercial/PD Overlay)
Occupancy
100%
Lease Type
NNN
Investment Type
Stabilized
Net Operating Income
$662,226
Building Details
Year Built
1987
Year Renovated
2020
Buildings
2
Stories
2
Units
10
Tenancy
Multi
Listing Agency:
Lee & Associates - Ontario
(760) 519-0240
Listed By:
Jonathan Selznick · License #NV Broker License: B.1001723.INDV
Source:
Crexi
Added: May 18
Changed: Aug 21
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 Lee & Associates - Ontario
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
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,090
Businesses Nearby
361k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 58%
Shops & Services 17%
Apparel 13%
Groceries 10%
In-N-Out Burger
Dining
39,494 visits/mo
0.3 miles
Ross Dress for Less
Apparel
35,975 visits/mo
0.5 miles
Safeway
Groceries
34,599 visits/mo
0.5 miles
McDonald's
Dining
24,894 visits/mo
0.3 miles
Dutch Bros. Coffee
Dining
22,167 visits/mo
0.4 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
Market
Vacancy Rate% for Retail in West region
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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 1425 McCulloch Boulevard North Lake Havasu City, AZ.
What is the asking price?
The asking price for this property is $13,500,000.
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.
