2350 Miracle Mile, Bullhead City, AZ 86442-7505

This exceptional value-add opportunity presents a 4,500 square foot retail property located within the Riverview Mall Shops in Bullhead City, Arizona. The property, built in 2000, sits on a 0.75-acre lot and features three suites, currently 33% occupied by Allied Cash Advance under a corporate guarantee since 2006. The tenant recently extended their lease, demonstrating commitment to the location. This single-story building benefits from a prime location with high visibility on Miracle Mile and Marina Boulevard, boasting 27,284 vehicles per day (VPD) in 2022. The property is zoned C-2 and offers below-market rent potential. The surrounding area features strong demographics, including an average household income of $55,446 within a 3-mile radius, a daytime population of 29,698, and a median age of 51.9 years. Nearby national tenants include Big Lots, CVS, Joann Fabrics, Walgreens, Arby's, Popeyes, Wendy's, Jack in the Box, Taco Bell, Planet Fitness, KFC, and AutoZone. The property's strategic location benefits from the significant tourism in Bullhead City and Laughlin, Nevada, driven by the Colorado River, Lake Mohave, and numerous gaming resorts. This is a fee-simple ownership opportunity with a triple-net (NNN) lease. The asking price is $950,000, resulting in a price per square foot of $211.11. Importantly, the property has received zoning compliance approval for adult-use marijuana.