Aztec Square | Safeway Shadow Anchored 2 biens | Local commercial | À vendre | 4 324 188 € | Fort Mohave, AZ

Investment highlights
» Safeway Neighborhood Shadow Anchored Center
Aztec Square is contiguous, on either side of Safeway (owned by Safeway in 55,250 square feet). It serves as one of the primary neighborhood shopping centers in the area of Fort Mohave, Mohave Valley, Bullhead City, Laughlin, and surrounding Colorado River communities.
» High-Visibility Location
Located at the signalized intersection of Highway 95 and Aztec Road, in one of the area's most heavily trafficked retail corridors. Traffic of approximately 37,000 vehicles per day, with exceptional visibility and vehicle access.
» Tenants with a Diverse Mix of Non-Internet Goods and Services
73% of the gross income from National/Credit Tenants including United States Postal Service, Wells Fargo, Subway, Pizza Hut, H&R Block and Cricket Wireless.
» Average Historic Occupancy is 21 years
Actual, sustainable, in-place, 7% cap rate, with little management. Growth Potential for Rental Rate Increases, Vacancy Turnover and Appreciation.
» Below-Replacement Cost
Grocery Shadow Anchored retail asset at a basis significantly below the cost of developing a comparable grocery-anchored center in today's construction environment with a resilient retail ecosystem less dependent on discretionary spending.
» Strong Regional Trade Area
Serving the greater Fort Mohave and Bullhead City market, the Property draws consumers from both Arizona and Nevada, benefiting from regional tourism, Colorado River recreation, and cross-border spending patterns from nearby Laughlin.
» Gateway to Colorado River Recreation Corridor
Aztec Road serves as a primary route connecting Highway 95 to the Colorado River and the AVI Resort & Casino, exposing the Property to both local residents and seasonal visitors traveling throughout the region.