Medical Office Suite with
For Sale
Contact for pricing
1840 Mesquite Ave #H, Lake Havasu City, AZ 86403
Clinical rooms, a laboratory, and staff amenities support a configured medical office environment.
Property Size4,000 SF
Price / SF$1.70
Days on Market136
Property Features for 1840 Mesquite Ave #H
General Information
Standard status
Active
Size
4,000 SF
Total Parking Spaces
5
Property subtype
General Commercial
Occupancy
100%
Additional Details
Sprinkler System
Yes
Tenant in Place
Yes
Property Use
Medical Office
Building Details
Year Built
1988
Tenancy
Single
Listing Agency:
HomeSmart River Realty
Listed By:
Havasu Life Properties
(928) 732-4866
Source:
Havasulifeproperties
Added: Jun 19
Changed: Oct 31
Last Checked: Oct 31 at 2:13PM
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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Investment Insights
Based on property information with market context.
This corner medical office unit contains 3,000 square feet of office space and a 1,000-square-foot, five-car garage. The interior includes a waiting room with seating capacity for 24, a reception office, nursing station, laboratory, six exam rooms with cabinetry, and three consultation offices with built-in Steelcase desks. A storage room, two sliding-door closets, and a staff kitchen round out the layout. Alarm and sprinkler systems are installed. The building was constructed in 1988, and the lease is structured as NNN.
The unit is in the Town Medical Art Building, across from Havasu Regional Medical Center in Lake Havasu City.
The unit is in the Town Medical Art Building, across from Havasu Regional Medical Center in Lake Havasu City.
Key Highlights
- 3,000 square feet of office space plus a 1,000‑square‑foot garage
- Garage accommodates 5 cars
- Six exam rooms, each with a wall of cabinetry
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$44,370
Suggested Prices Based on Cap Rates
Cap Rate 5%
$887,400
$887.4K
Cap Rate 7%
$633,857
$633.9K
Cap Rate 9%
$493,000
$493.0K
Market Conditions
NOI Build-Up for 4,000 SF
Gross rent
$69.6K $17.40/SF
− Vacancy
−$10.4K −$2.61/SF
EGI
$59.2K $14.79/SF
− OpEx
−$14.8K −$3.70/SF
NOI
$44.4K $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%
$887,400
Cap Rate 7%
$633,857
Cap Rate 9%
$493,000
Alternative Uses
Best Use
Healthcare Medical
$692.4K
$605.9K – $807.8K
NOI $48,470 @ 7.0% cap · market cap 712.79%
Second Best
Office B
$633.9K
$554.6K – $739.5K
NOI $44,370 @ 7.0% cap · market cap 652.50%
Theoretical Best
Office A
$893.1K
$781.4K – $1.04M
NOI $62,515 @ 7.0% cap · market cap 919.34%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
100%
Occupancy
Single-tenant
Tenancy
Yes
Sprinkler system
Location Intelligence
Trade Area within ½ mile
2,098
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
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
Similar Off Market Nearby
- Lange Veterinary Center — 195 Paseo del Sol Ave, Lake Havasu City, AZ 86403
- Animal Hospital of Havasu — 1990 Mesquite Ave, Lake Havasu City, AZ 86403
- Buckman Cary DVM — 1990 Mesquite Ave, Lake Havasu City, AZ 86403
Frequently Asked Questions
What type of property is this?
Medical Office Space - Clinical rooms, a laboratory, and staff amenities support a configured medical office environment.
Where is this medical office space located?
The property is located at 1840 Mesquite Ave #H Lake Havasu City, AZ.
What are key features of this property?
This property features: 3,000 square feet of office space plus a 1,000‑square‑foot garage; Garage accommodates 5 cars; Six exam rooms, each with a wall of cabinetry
