Two-Unit Mixed-Use
3612 Jamaica Blvd S A & B, Lake Havasu City, AZ 86406
For Sale
$1,900,000
One space houses The Spot Pizza and Arcade, while the second is leased to a mixed martial arts studio.
Property Size6,282 SF
Price / SF$302.45
Days on Market47
Property Features for 3612 Jamaica Blvd S A & B
General Information
Standard status
Size
Additional Details
Business Included
Building Details
Year Built
Listing Agency:
Havasu Realty
Listed By:
Linda Hardy · License #SA527212000
(928) 486-2039
Source:
Havasurealty
Added: Sep 24
Changed: Oct 26
Last Checked: Oct 7 at 1:00PM
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 Havasu Realty
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Built in 1988, this two-unit commercial property combines dining and arcade space with a separate leased suite. Unit A measures approximately 3,135 square feet and is occupied by The Spot Pizza and Arcade. Unit B is leased to a mixed martial arts studio.
The property is located at 3612 Jamaica Blvd S in Lake Havasu City, Arizona. The available information describes an opportunity to acquire the real estate along with the operating business in Unit A.
The property is located at 3612 Jamaica Blvd S in Lake Havasu City, Arizona. The available information describes an opportunity to acquire the real estate along with the operating business in Unit A.
Key Highlights
- Unit A contains approximately 3,135 square feet
- The Spot Pizza and Arcade operates in Unit A
- Unit B is leased to a mixed martial arts studio
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$79,295
Cap Rate
4.17%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,585,900
$1.6M
Cap Rate 7%
$1,132,786
$1.1M
Cap Rate 9%
$881,056
$881.1K
Market Conditions
NOI Build-Up for 6,282 SF
Gross rent
$113.1K $18.00/SF
− Vacancy
−$7.3K −$1.17/SF
EGI
$105.7K $16.83/SF
− OpEx
−$26.4K −$4.21/SF
NOI
$79.3K $12.62/SF
Area
Mohave County, AZ
Vacancy
6.50%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,585,900
Cap Rate 7%
$1,132,786
Cap Rate 9%
$881,056
Alternative Uses
Best Use
Specialty Retail
$1.13M
$991.2K – $1.32M
NOI $79,295 @ 7.0% cap · market cap 4.17%
Second Best
Mixed Use
$787.5K
$689.1K – $918.8K
NOI $55,125 @ 7.0% cap · market cap 2.90%
Theoretical Best
Office A
$1.40M
$1.23M – $1.64M
NOI $98,180 @ 7.0% cap · market cap 5.17%
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
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
114
Businesses Nearby
9k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Dollar General
Shops & Services
9,476 visits/mo
0.1 miles
Demographics for 86406, AZ
24,935
Population
14,846
Households
1.7
Avg Household Size
57
Median Age
19%
College-Educated
94%
High-School Grad
244.5 sq mi
ZIP Area
102
Density / Sq Mi
$74,171
Median Household Income
$45,457
Median Earnings
$1,311
Median Rent
$434,700
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?
Mixed-use property - One space houses The Spot Pizza and Arcade, while the second is leased to a mixed martial arts studio.
Where is this mixed-use property located?
The property is located at 3612 Jamaica Blvd S A & B Lake Havasu City, AZ.
What is the asking price?
The asking price for this property is $1,900,000.
What are key features of this property?
This property features: Unit A contains approximately 3,135 square feet; The Spot Pizza and Arcade operates in Unit A; Unit B is leased to a mixed martial arts studio
