Havasu North Shopping Center 1795 Kiowa Ave Local commercial 10 516 m² 100 % Loué À vendre Lake Havasu City, AZ 86403 8 888 738 € (845,28 €/m²) Taux de capitalisation 8 %

Peach Properties HM, Inc. and Arbor Realty Capital Advisors, Inc. (“Broker / Advisor”) are pleased to present for sale the multi-tenant retail center at
1795 Kiowa Avenue in Lake Havasu City, Arizona (the “Property”). The Property comprises 108,251 square feet of retail space, fully occupied by three tenants at below-market rents, and is strategically positioned at the high-traffic intersection of AZ-95 and Kiowa Avenue, which sees nearly 30,000 vehicles daily.
The Property forms part of the larger “Havasu North Shopping Center” retail property (Not a Part) boasting co-tenants such as Big Lots, Staples, Ace
Hardware and Food City totaling 254,620 rentable square feet. The other sections owned and managed by a separate entity. This shared center provides a parking ratio of 6.8 spaces per 1,000 square feet, facilitated by 1,740 parking spaces adding significant convenience for consumers and competitive advantage for tenants.
The strong location and 3% retail vacancy of the Lake Havasu City market have recently prompted all three tenants to either expand into adjacent
suites or commit to new long-term leases. Both Dollar Tree and Hobby Lobby recently extended its lease through 2034 and 2040 respectively, while Ashley Furniture expanded its footprint by over 10,600 square feet, reaffirming the property’s viability for mid- to large-format retail tenants.
With a current WALE exceeding 10 years and a rent roll dominated by national tenants, the property provides stable cash flow supported by structured rental increases and strong upside potential. Future rent adjustments at lease maturity present an opportunity for a new buyer to reposition tenants at market rates, capturing additional value in this high demand, supply-constrained market.