Highway Frontage Office-Retail
2071 Hwy 95 Bullhead City, AZ 86442
For Sale
Contact for pricing
Highway frontage building with updated interior finishes, new roof and paint, plus small front and expanded rear parking.
Property Size3,270 SF
Price / SF$175.84
Days on Market1516
Property Features for 2071 Hwy 95
General Information
- Standard status
- Active
- Size
- 3,270 SF
- Property subtype
- RETAIL
Listing Agency:
Sperry Commercial Global Affiliates
(702) 349-4920
Listed By:
David Baird · License #SA633914000
(702) 349-4920
Source:
Moodyscre
Added: Jun 3, 2022
Changed: Jul 25
Last Checked: Jul 26 at 1:16PM
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 Sperry Commercial Global Affiliates
Investment Insights
Based on property information with market context.
This highway frontage office-retail building includes two units: a south unit is in a long-term lease at $0.95 per square foot on an NNN basis. The seller notes an owner could keep the leased unit in place while stepping into the northern unit, which can be completed as one larger space or divided into two separate spaces.
The property was in the process of being transformed when the owner revised plans. Although it has been listed as an office building, it has operated in the past as a combination office and retail business, indicating flexibility in use. The site includes a small front parking lot and an expanded rear lot.
The building was updated a few years ago and includes a new roof and paint. This property is offered for sale and presents a straightforward structure for an owner-operator or an investor seeking to reposition the larger space into additional leasing configurations.
The property was in the process of being transformed when the owner revised plans. Although it has been listed as an office building, it has operated in the past as a combination office and retail business, indicating flexibility in use. The site includes a small front parking lot and an expanded rear lot.
The building was updated a few years ago and includes a new roof and paint. This property is offered for sale and presents a straightforward structure for an owner-operator or an investor seeking to reposition the larger space into additional leasing configurations.
Key Highlights
- South unit has a long‑term NNN lease at $0.95 per SF.
- Building can be configured as one large space or split into two separate spaces.
- Updated a few years ago, including a new roof and paint.
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $56.9k | $17.40 |
| − Vacancy | −$8.5k | −$2.61 |
| EGI | $48.4k | $14.79 |
| − OpEx | −$12.1k | −$3.70 |
| NOI | $36.3k | $11.09 |
3,270 SF · lease $17.40/SF/yr · vacancy 15.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$518.2K
$453.4K – $604.5K
NOI $36,272 @ 7.0% cap · market cap 6.31%
Second Best
Retail
$453.7K
$397.0K – $529.3K
NOI $31,760 @ 7.0% cap · market cap 5.52%
Theoretical Best
Office A
$730.1K
$638.8K – $851.8K
NOI $51,106 @ 7.0% cap · market cap 8.89%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Retail space
FAQs
What type of property is this?
Retail space - Highway frontage building with updated interior finishes, new roof and paint, plus small front and expanded rear parking.
Where is this retail space located?
The property is located at 2071 Hwy 95 Bullhead City, AZ.
What is the asking price?
The asking price for this property is $575,000.
What are key features of this property?
This property features: South unit has a long‑term NNN lease at $0.95 per SF.; Building can be configured as one large space or split into two separate spaces.; Updated a few years ago, including a new roof and paint.