Highway Frontage Office-Retail
For Sale
Contact for pricing
2071 Hwy 95, Bullhead City, AZ 86442
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 Market1564
Property Features for 2071 Hwy 95
General Information
Standard status
Active
Size
3,270 SF
Property subtype
RETAIL
Listing Agency:
Sperry Commercial Global Affiliates
(602) 566-7200
Listed By:
David Baird · License ##B0045354.LLC
(702) 349-4920
Source:
Moodyscre
Added: Jun 3, 2022
Changed: Aug 14
Last Checked: Sep 12 at 5:50AM
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
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$31,760
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.52%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$635,200
$635.2K
Cap Rate 7%
$453,714
$453.7K
Cap Rate 9%
$352,889
$352.9K
Market Conditions
NOI Build-Up for 3,270 SF
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.
Gross rent
$49.1K $15.00/SF
− Vacancy
−$3.7K −$1.13/SF
EGI
$45.4K $13.88/SF
− OpEx
−$13.6K −$4.16/SF
NOI
$31.8K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$635,200
Cap Rate 7%
$453,714
Cap Rate 9%
$352,889
Alternative Uses
Best Use
Retail
$453.7K
$397.0K – $529.3K
NOI $31,760 @ 7.0% cap · market cap 5.52%
Second Best
—
—
no second resolved use
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 authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
678
Businesses Nearby
213k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 50%
Shops & Services 32%
Groceries 9%
Home Improvements & Furnishings 7%
McDonald's
Dining
24,543 visits/mo
0.3 miles
Hobby Lobby
Shops & Services
24,074 visits/mo
0.3 miles
Fastrip
Shops & Services
22,740 visits/mo
0.2 miles
Smart & Final
Groceries
19,081 visits/mo
0.5 miles
Dutch Bros. Coffee
Dining
19,000 visits/mo
0.3 miles
Demographics for 86442, AZ
34,171
Population
19,581
Households
1.7
Avg Household Size
53
Median Age
14%
College-Educated
85%
High-School Grad
28.2 sq mi
ZIP Area
1,212
Density / Sq Mi
$45,486
Median Household Income
$28,702
Median Earnings
$1,000
Median Rent
$174,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
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Frequently Asked Questions
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.
