Property profile

91 London Bridge Rd A 101-102 Lake Havasu City, AZ 86403

FOR LEASE
Strip malls
Property ID
US07-1081305
15,357 SF 1.83 ac lot Built 2001
Individually Owned 23-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This furnished commercial bar space is located in Lake Havasu City with views overlooking London Bridge. It was formerly used as Mustang Sally's and is configured with tables and chairs, bar-related equipment, and multiple refrigerators, including a walk-in refrigerator for storage of beer barrels. The interior includes a stage suitable for live music, a private office, and recessed lighting. The property consists of approximately 15,357 square feet of space situated on a 1.83-acre lot, and the layout is suitable for use as a bar, restaurant, or retail establishment.

Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 2001
Construction STEEL FRAME
Total area 15,357 SF
Lot 1.83 ac (79,715 SF)
APN 107-77-001C
UPID US07-1081305

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
  • Real Estate Agency
  • Take-out & Catering
  • Grocery & Convenience Store Specialty Food Shop
  • Bar & Pub Restaurant
  • Insurance Agency

Location

91 London Bridge Rd, Unit A 101-102 Lake Havasu City, AZ 86403
Lake Havasu City metro Census 952600 LAKE HAVASU CITY-KINGMAN, AZ MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.32M
Blend (final) Blend
$2.32M

Owner & transaction history

since 2003
3 recorded transactions
2003
$67,200
1969
Price N/A
1969
Price N/A

Zoning & alternative use

Top alternative use upside
Auto repair, garage $3.4M +103.8%
Restaurant $3.4M +103.0%
Apartment house (5+ units) $2.5M +52.6%

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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More about this property
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