Waterfront Retail Investment Opportunity

1407 McCulloch Boulevard North, Lake Havasu City, AZ 86403

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For Sale

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Fully leased retail property near London Bridge in Lake Havasu.

Type:Retail, Mixed Use, Special Purpose

Property size:

23,673 SF

Lot size:

3.32 Acres

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.
Located in a tourism‑driven economy with millions of annual visitors.
Opportunity for future income growth through below‑market rents and tenant repositioning.
Renovated in 2020.

We can help!

Contact an agent

Jonathan Selznick

Learn more

For Sale

Contact for pricing

Fully leased retail property near London Bridge in Lake Havasu.

Type:Retail, Mixed Use, Special Purpose

Property size:

23,673 SF

Lot size:

3.32 Acres

Added:: May 18, 2026
Days on Market:: 51
Last Refresh:: Jul 4 at 11:50 am

Property Features for 1407 McCulloch Boulevard North

General Information

Standard status: Active
Size: 23,673 SF
Lot size: 3.32 Acres
Property subtype: Retail, Mixed Use, Special Purpose

Building Details

Year Built: 1987

We can help!

Contact an agent

Jonathan Selznick

Listing office Lee & Associates - Ontario

Listing date May 18, 2026

Source Crexi

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

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.
Located in a tourism‑driven economy with millions of annual visitors.
Opportunity for future income growth through below‑market rents and tenant repositioning.
Renovated in 2020.

Overview

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.

Location Intelligence

Current Use by Public Records

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

Suggested Use

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Location Insight

Map
Local Demand

City: Lake Havasu City
County: Mohave
State: Arizona
Longitude: -114.3488832
Latitude: 34.47129

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For sale
Shopping centers
AZ
Lake Havasu City
86403
1425 McCulloch Boulevard North

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 Boulevard North Lake Havasu City, AZ.

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.