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Office Unit with Private Entrance
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1600 Mcculloch Blvd N #2a, Lake Havasu City, AZ 86403

Street-level positioning at the McCulloch Boulevard and Lake Havasu Avenue intersection provides direct access from outside.

Property Size14,145 SF
Price / SF$0.16
Days on Market303

Property Features for 1600 Mcculloch Blvd N #2a

General Information

Standard status Active
Size 14,145 SF
Property subtype General Commercial

Additional Details

Floor Street Level
Road Access Yes
Office Units 1
Property Use Office

Amenities

private entrance

Building Details

Year Built 1981
Tenancy Multi
Listing Agency: HomeSmart River Realty
Listed By: Havasu Life Properties
Source: Havasulifeproperties
Added: Jan 2 Changed: Oct 31 Last Checked: Oct 31 at 2:20PM

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 HomeSmart River Realty

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This office unit is at street level and has a private entrance. It is part of Times Square, an office property built in 1981. The property information gives a total size of 14,145 square feet.

The property is located at McCulloch Boulevard and Lake Havasu Avenue in Lake Havasu City, with the London Bridge described as steps away.

Key Highlights

  • Street‑level office unit with a private entrance
  • At the intersection of McCulloch Boulevard and Lake Havasu Avenue
  • Times Square property built in 1981

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$156,903
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,138,060 $3.1M
Cap Rate 7%
$2,241,471 $2.2M
Cap Rate 9%
$1,743,367 $1.7M
Market Conditions
NOI Build-Up for 14,145 SF
Gross rent
$246.1K $17.40/SF
− Vacancy
−$36.9K −$2.61/SF
EGI
$209.2K $14.79/SF
− OpEx
−$52.3K −$3.70/SF
NOI
$156.9K $11.09/SF
Area
Mohave County, AZ
Vacancy
15.00%
Lease Rate
$17.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,138,060
Cap Rate 7%
$2,241,471
Cap Rate 9%
$1,743,367

Alternative Uses

Best Use
Office B
$2.24M
$1.96M – $2.62M (±1% cap)
NOI $156,903 @ 7.0% cap · market cap 6,973.47%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.16M
$2.76M – $3.68M (±1% cap)
NOI $221,069 @ 7.0% cap · market cap 9,825.29%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Concierge Health AZ (Bike/Boat/Book/etc) Store Deborah J Miller ... Insurance Agency Farm Bureau Financial ... Insurance Agency Farm Bureau Insurance Insurance Agency Goldberg & Osborne Law Firm

Suggested Use

Top Pick Grocery & Convenience Store Garden Center (Bike/Boat/Book/etc) Store Daycare Center Parking Lot & Garage Locksmith

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

Lease Details

1
Office units
Multi-tenant
Tenancy
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,875
Businesses Nearby

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 Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025

Frequently Asked Questions

What type of property is this?
Office unit - Street-level positioning at the McCulloch Boulevard and Lake Havasu Avenue intersection provides direct access from outside.
Where is this office unit located?
The property is located at 1600 Mcculloch Blvd N #2a Lake Havasu City, AZ.
What are key features of this property?
This property features: Street‑level office unit with a private entrance; At the intersection of McCulloch Boulevard and Lake Havasu Avenue; Times Square property built in 1981
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Includes: Price & PSF · Cap rate · Location · Zoning

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