Retail Suite with Lake
For Sale
Contact for pricing
1695 Mesquite Ave #204, Lake Havasu City, AZ 86403
The second-floor space is currently arranged for barber-shop operations and is next to the elevator.
Property Size21,818 SF
Price / SF$0.05
Days on Market74
Property Features for 1695 Mesquite Ave #204
General Information
Standard status
Active
Size
21,818 SF
Property subtype
General Commercial
Additional Details
Floor
2
Currently Operating
Yes
Amenities
lake view
elevator security lighting
Building Details
Year Built
2006
Listing Agency:
HomeSmart River Realty
Listed By:
Havasu Life Properties
(928) 732-4866
Source:
Havasulifeproperties
Added: Aug 20
Changed: Oct 31
Last Checked: Oct 31 at 2:17PM
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
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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 second-floor retail unit is presently used as a barber shop, with paint and setup suited to that use. It is adjacent to the elevator and has a lake view, elevator access, and security lighting. The property was built in 2006.
The unit is available January 1, 2027. Tenant improvements may be negotiated.
The unit is available January 1, 2027. Tenant improvements may be negotiated.
Key Highlights
- Second‑floor retail unit with a lake view
- Currently used as a barber shop, with paint and setup for that use
- Positioned beside the elevator; security lighting is provided
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$211,907
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,238,140
$4.2M
Cap Rate 7%
$3,027,243
$3.0M
Cap Rate 9%
$2,354,522
$2.4M
Market Conditions
NOI Build-Up for 21,818 SF
Gross rent
$327.3K $15.00/SF
− Vacancy
−$24.5K −$1.13/SF
EGI
$302.7K $13.88/SF
− OpEx
−$90.8K −$4.16/SF
NOI
$211.9K $9.71/SF
Area
Mohave County, AZ
Vacancy
7.50%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,238,140
Cap Rate 7%
$3,027,243
Cap Rate 9%
$2,354,522
Alternative Uses
Best Use
Retail
$3.03M
$2.65M – $3.53M
NOI $211,907 @ 7.0% cap · market cap 20,573.50%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$4.87M
$4.26M – $5.68M
NOI $340,989 @ 7.0% cap · market cap 33,105.73%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
2,116
Businesses Nearby
472k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 52%
Shops & Services 16%
Groceries 14%
Apparel 12%
In-N-Out Burger
Dining
39,494 visits/mo
0.4 miles
Ross Dress for Less
Apparel
35,975 visits/mo
0.2 miles
Safeway
Groceries
34,599 visits/mo
0.2 miles
Albertsons
Groceries
30,836 visits/mo
0.4 miles
McDonald's
Dining
24,894 visits/mo
0.5 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
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?
Retail space - The second-floor space is currently arranged for barber-shop operations and is next to the elevator.
Where is this retail space located?
The property is located at 1695 Mesquite Ave #204 Lake Havasu City, AZ.
What are key features of this property?
This property features: Second‑floor retail unit with a lake view; Currently used as a barber shop, with paint and setup for that use; Positioned beside the elevator; security lighting is provided
