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$ 920,000
Est. payment | /mo
3,092 SqFt
$ 920,000
Est. payment | /mo
3,092 SqFt
Key Details
Property Type Commercial
Sub Type Light Industrial
Listing Status Pending
Purchase Type For Sale
Square Footage 3,092 sqft
Price per Sqft $297
MLS Listing ID 1038959
HOA Fees $381/qua
HOA Y/N Yes
Year Built 1982
Annual Tax Amount $1,835
Lot Size 8,120 Sqft
Acres 0.19
Property Sub-Type Light Industrial
Source Central Arizona Association of REALTORS®
Property Description
Discover this exceptional commercial real estate gem - a fully renovated warehouse building poised for immediate cash flow and long-term appreciation. Strategically designed for efficiency, this property features multiple loading docks that ensure seamless operations for logistics, distribution, or industrial tenants.
Currently leased to Farmer Bros., a renowned national coffee and foodservice company with a strong market presence, this asset offers unparalleled stability. The long-term lease includes built-in 3% annual base rent escalations, providing predictable income growth and hedging against inflation. With a tenant of this caliber, you'll enjoy minimal vacancy risk and hands-off management, making it an ideal addition to any investor's portfolio.
What truly sets this property apart is its aggressive cap rate, delivering superior yields that outpace many comparable assets in today's market. This translates to an outstanding return on investment, positioning savvy buyers for robust profitability from day one.
Currently leased to Farmer Bros., a renowned national coffee and foodservice company with a strong market presence, this asset offers unparalleled stability. The long-term lease includes built-in 3% annual base rent escalations, providing predictable income growth and hedging against inflation. With a tenant of this caliber, you'll enjoy minimal vacancy risk and hands-off management, making it an ideal addition to any investor's portfolio.
What truly sets this property apart is its aggressive cap rate, delivering superior yields that outpace many comparable assets in today's market. This translates to an outstanding return on investment, positioning savvy buyers for robust profitability from day one.
Location
State AZ
County Mohave
Area Lhc-Central
Direction Acoma and HWY 95
Exterior
Garage Spaces 10.0
Fence Wrought Iron
Total Parking Spaces 10
Building
Builder Name Unknown
Others
Tax ID 106-50-035
Virtual Tour https://www.propertypanorama.com/instaview/havasu/1038959
Listed by Mohave Realty
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