Skechers NNN Retail
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For Sale
Contact for pricing
1555 S Ave B, Yuma, AZ 85364
The single-tenant lease includes two remaining five-year renewal options.
Property Size5,761 SF
Lot Size1.47 Acres
Price / SF$341.26
Days on Market3
Property Features for 1555 S Ave B
General Information
Standard status
Active
Size
5,761 SF
Lot size
1.47 Acres
Property subtype
RETAIL
Zoning
B-1
Net Operating Income
$125,061
Financials
Asking Price
$1,966,000
Cap Rate
6.36%
Additional Details
Traffic Count
51,318 vehicles/day
Tenant in Place
Yes
Building Details
Year Built
1998
Buildings
1
Tenancy
Single
Listing Agency:
A.T. Pancrazi Real Estate Services
(928) 782-0000
Listed By:
Thomas Pancrazi · License #AZ BR009183000
(928) 246-0008
Source:
Moodyscre
Added: Nov 4
Last Checked: Nov 6 at 5:41AM
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 A.T. Pancrazi Real Estate Services
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Investment Insights
Based on property information with market context.
Skechers USA Retail, LLC occupies a 5,761-square-foot retail building on approximately 1.47 acres. Built in 1998 and zoned B-1, the property is subject to a single-tenant NNN lease. The tenant extended the lease term through March 31, 2034, with two additional five-year options remaining. A scheduled rent increase takes effect April 1, 2029; monetary figures are not included here.
The property is at 1555 S Ave B in Yuma. The Avenue B and 16th Street intersection has a reported combined daily vehicle count of 51,318, and Interstate 8 is approximately 2.8 miles away. Plaza del Rio, with Food City, Dollar Tree, dd’s Discounts and Chase Bank, is across the street. CVS Pharmacy, Burger King and McDonald’s are on the same block.
The property is at 1555 S Ave B in Yuma. The Avenue B and 16th Street intersection has a reported combined daily vehicle count of 51,318, and Interstate 8 is approximately 2.8 miles away. Plaza del Rio, with Food City, Dollar Tree, dd’s Discounts and Chase Bank, is across the street. CVS Pharmacy, Burger King and McDonald’s are on the same block.
Key Highlights
- Single‑tenant NNN lease with Skechers USA Retail, LLC
- Lease term extended through 3/31/2034; two remaining 5‑year options through 2044
- ±5,761 SF building on ±1.47 acres; built 1998
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$58,413
Cap Rate
2.97%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,168,260
$1.2M
Cap Rate 7%
$834,471
$834.5K
Cap Rate 9%
$649,033
$649.0K
Market Conditions
NOI Build-Up for 5,761 SF
Gross rent
$87.1K $15.12/SF
− Vacancy
−$3.7K −$0.64/SF
EGI
$83.4K $14.48/SF
− OpEx
−$25.0K −$4.35/SF
NOI
$58.4K $10.14/SF
Area
Yuma County, AZ
Vacancy
4.20%
Lease Rate
$15.12 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,168,260
Cap Rate 7%
$834,471
Cap Rate 9%
$649,033
Alternative Uses
Best Use
Retail
$834.5K
$730.2K – $973.6K
NOI $58,413 @ 7.0% cap · market cap 2.97%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$2.96M
$2.59M – $3.45M
NOI $207,129 @ 7.0% cap · market cap 10.54%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
51,318 VPD
Traffic count
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
290
Businesses Nearby
202k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 41%
Dining 38%
Groceries 18%
Apparel 2%
Food City Arizona
Groceries
36,762 visits/mo
0.1 miles
McDonald's
Dining
33,113 visits/mo
0.1 miles
Dollar Tree
Shops & Services
23,599 visits/mo
0.2 miles
Jack in the Box
Dining
22,626 visits/mo
0.1 miles
dd's DISCOUNTS
Shops & Services
18,514 visits/mo
0.2 miles
Demographics for 85364, AZ
73,550
Population
31,867
Households
2.3
Avg Household Size
35
Median Age
17%
College-Educated
77%
High-School Grad
38.4 sq mi
ZIP Area
1,915
Density / Sq Mi
$57,497
Median Household Income
$35,824
Median Earnings
$963
Median Rent
$204,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in West region
Frequently Asked Questions
What type of property is this?
NNN property - The single-tenant lease includes two remaining five-year renewal options.
Where is this nnn property located?
The property is located at 1555 S Ave B Yuma, AZ.
What is the asking price?
The asking price for this property is $1,966,000.
What are key features of this property?
This property features: Single‑tenant NNN lease with Skechers USA Retail, LLC; Lease term extended through 3/31/2034; two remaining 5‑year options through 2044; ±5,761 SF building on ±1.47 acres; built 1998
