Downtown Retail
For Sale
Contact for pricing
2098 Mcculloch Blvd N, Lake Havasu City, AZ 86403
Flexible commercial layout includes a street-facing entrance, rear access, office and storage areas, and a restroom.
Property Size2,485 SF
Price / SF$1.69
Days on Market30
Property Features for 2098 Mcculloch Blvd N
General Information
Standard status
Active
Size
2,485 SF
Property subtype
General Commercial
Zoning
MU-UMS
Additional Details
Road Access
Yes
Property Use
Office
Building Details
Year Built
1986
Listing Agency:
Realty ONE Group Mountain Desert-LH
(928) 680-7350
Listed By:
Randy Shuffler · License #SA535036000
(928) 230-5982
Source:
Havasulifeproperties
Added: Oct 3
Changed: Oct 31
Last Checked: Oct 31 at 2:29PM
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 Realty ONE Group Mountain Desert-LH
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Investment Insights
Based on property information with market context.
This 2,485-square-foot retail space includes a main-street entrance, rear access, a restroom, and office and storage areas. The existing configuration can accommodate retail, office, showroom, service, or mixed-use concepts. The building dates to 1986.
At 2098 McCulloch Blvd N, the property fronts McCulloch Boulevard in downtown Lake Havasu City and sits next to Booby Falls Restaurant & Rodeo. MU-UMS (Uptown McCulloch Main Street) zoning applies. Parking is available at both the front and rear of the property.
At 2098 McCulloch Blvd N, the property fronts McCulloch Boulevard in downtown Lake Havasu City and sits next to Booby Falls Restaurant & Rodeo. MU-UMS (Uptown McCulloch Main Street) zoning applies. Parking is available at both the front and rear of the property.
Key Highlights
- 2,485‑square‑foot retail space
- MU‑UMS (Uptown McCulloch Main Street) zoning
- Main‑street entrance plus rear access
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$24,136
Suggested Prices Based on Cap Rates
Cap Rate 5%
$482,720
$482.7K
Cap Rate 7%
$344,800
$344.8K
Cap Rate 9%
$268,178
$268.2K
Market Conditions
NOI Build-Up for 2,485 SF
Gross rent
$37.3K $15.00/SF
− Vacancy
−$2.8K −$1.13/SF
EGI
$34.5K $13.88/SF
− OpEx
−$10.3K −$4.16/SF
NOI
$24.1K $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%
$482,720
Cap Rate 7%
$344,800
Cap Rate 9%
$268,178
Alternative Uses
Best Use
Retail
$344.8K
$301.7K – $402.3K
NOI $24,136 @ 7.0% cap · market cap 576.04%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$554.8K
$485.5K – $647.3K
NOI $38,838 @ 7.0% cap · market cap 926.92%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
2,004
Businesses Nearby
164k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 50%
Shops & Services 31%
Dining 11%
Apparel 7%
Smith's
Groceries
50,799 visits/mo
0.4 miles
Albertsons
Groceries
30,836 visits/mo
0.3 miles
Smith's Fuel Center
Shops & Services
19,741 visits/mo
0.3 miles
Black Bear Diner
Dining
12,038 visits/mo
0.4 miles
Goodwill
Apparel
11,697 visits/mo
0.3 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 - Flexible commercial layout includes a street-facing entrance, rear access, office and storage areas, and a restroom.
Where is this retail space located?
The property is located at 2098 Mcculloch Blvd N Lake Havasu City, AZ.
What are key features of this property?
This property features: 2,485‑square‑foot retail space; MU‑UMS (Uptown McCulloch Main Street) zoning; Main‑street entrance plus rear access
