Property profile

11345 Fortuna Rd Yuma, AZ 85367

OFF-MARKET
Retail space
Property ID
US07-2433375
3,000 SF 0.37 ac lot Built 2017
Individually Owned 2-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional investment opportunity presents a 3,000 square foot retail storefront located at 11345 S Fortuna Rd, Yuma, Arizona, 85367. Built in 2017, this Class C property sits on a sizable 16,117 square foot lot and boasts a highly attractive 5.40% cap rate. The property is currently leased to a national credit tenant, Verizon, under a Double-Net (NN) lease agreement with approximately 3 years remaining on the lease term. This ensures a stable income stream for the investor. Strategically positioned directly off Interstate-8, the property benefits from significant visibility and high traffic counts, maximizing its retail potential. The building's prime location offers excellent frontage on S Fortuna Road, providing easy access and high exposure for the tenant. The asking price for this well-maintained, income-producing property is $2,377,148. This Yuma, Arizona storefront represents a compelling investment opportunity with strong tenant occupancy and a desirable location. The property's size, location, and current lease terms make it an attractive addition to any commercial real estate portfolio. The long-term potential for growth and appreciation in this area further enhances its investment appeal. Don't miss this chance to acquire a high-yield retail property in a thriving market.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2017
Construction FRAME
Total area 3,000 SF
Lot 0.37 ac (16,117 SF)
Zoning code C-2
APN 700-45-241
UPID US07-2433375

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Telecommunications Service Data Center

Location

11345 Fortuna Rd Yuma, AZ 85367-5627
Yuma metro Census 11118 YUMA, AZ METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.71M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.74M

Owner & transaction history

since 2023
Last sale
$1.9M
5 recorded transactions
2023
Price N/A
2023
Price N/A
2018
$1.9M
2017
$450,000
2016
Price N/A

Zoning & alternative use

C-2 · Yuma, AZ

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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