Property profile

505 W Catalina Dr Yuma, AZ 85364

FOR LEASE
Outlet malls
Property ID
US07-2334138
21,306 SF 2.16 ac lot Built 1973
Entity Owned 2-yr Hold Absentee Owner Free & Clear
Saved · see the list in your Dashboard

Property summary

AI-generated overview

Southgate Mall in Yuma, Arizona, offers a unique retail opportunity. This established regional mall, located at 505 W. Catalina Dr., Yuma, AZ 85364, features a single available storefront space of 3,000 square feet, perfect for a variety of businesses. The property is situated within the Southgate Mall, a larger commercial development in Yuma County. The entire mall encompasses 118,082 square feet of retail space, providing ample opportunity for synergy and foot traffic. While the minimum leasable space is 3,000 square feet, this is also the maximum contiguous space currently available. This makes it ideal for a single tenant seeking a prominent location within a well-established shopping center. The property's location at the intersection of 32nd Street and Catalina Drive ensures high visibility and accessibility for customers. The property type is classified as retail and land, offering potential for various uses within the storefront space. The property is categorized as a multi-tenant building, indicating a vibrant and active commercial environment. This presents a compelling opportunity for businesses seeking a strong presence in the Yuma market. Interested parties should inquire for further details and availability.

Property profile

Verified
Property type Outlet malls
Use group WHOLESALE OUTLET, DISCOUNT STORE
Year built 1973
Construction CONCRETE BLOCKS
Total area 21,306 SF
Lot 2.16 ac (94,090 SF)
Zoning code B-2
APN 695-26-043
UPID US07-2334138

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
  • (Bike/Boat/Book/etc) Store

Location

505 W Catalina Dr Yuma, AZ 85364
Yuma metro Census 1003 YUMA, AZ METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$911k
Blend (final) Blend
$910k

Owner & transaction history

since 2024
7 recorded transactions
2024
Price N/A
2021
$625,000
2020
$2.1M
2010
Price N/A
2008
Price N/A
2005
$8.5M
1969
Price N/A

Zoning & alternative use

B-2 · Yuma, AZ
Zoning description

standards 154-08.03 Limited Commercial District (B-1) (A) Purpose (B) Permitted principal uses (C) Permitted accessory uses (D) Conditional uses (E) Property development standards 154-08.04 General Commercial District (B…

General category COMMERCIAL

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message