Riverview Mall Shops

  • $1,420,000
2350 Miracle Mile Rd - Bullhead City, AZ 86442
For Sale
2350 Miracle Mile Rd - Bullhead City, AZ 86442
  • $1,420,000

Property Highlights

  • Multi-tenant value-add opportunity | Retail pad (3 suites): Outparcel to Riverview Mall Shopping Center (24 acres)
  • 33% leased to “Allied Cash Advance” (Guarantor: ACA Financial LLC; ±50 units) | Tenant has occupied the space since 2006
  • Allied Cash Advance’s recent extension demonstrates their commitment to the site | Below market rent
  • Strategic retail location | Anchored by Big Lots, CVS, & Joann Fabrics
  • Excellent visibility & exposure: 27,284 VPD (2022) | 175 ft of frontage on S Miracle Mile & 200 ft on Marina Blvd
  • Dense trade area | Nearby national tenants: Walgreens, Arby’s, Popeyes, Wendy’s, Jack in the Box, Taco Bell, Planet Fitness, KFC, AutoZone
  • Millions of people visit Bullhead City and Laughlin to enjoy the Colorado River, Lake Mohave and the warm seasonal temperatures | Laughlin, NV provides year-round gaming entertainment at nine resorts
  • Strong demographics | Average household income: $55,446 (3-miles) | Daytime population: 29,698 (3-miles) | Median age: 51.9 years old (3-miles)

Details

  • Price: $1,420,000
  • Year Built: 2000
  • Property Type: Multi-Tenant
  • Property Status: For Sale

Additional Details

  • Price/SF: $315.56
  • Proforma Cap Rate: 5.53%
  • Rentable Area: 4,500 SF
  • Lot Size: 0.75 AC
  • Parking Spaces: 40
  • Zoning : C-1
  • APN/Parcel ID: 220-35-006
  • Address 2350 Miracle Mile Rd
  • City Bullhead City
  • State/county Arizona
  • Zip/Postal Code 86442

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Dustin R. Alvino
  • Dustin R. Alvino