Shops at City Square 2250 Highway 95 9,364 SF 100% Leased Retail Building Bullhead City, AZ 86442 $4,041,894 CAD ($431.64 CAD/SF) 6.50% Cap Rate

Arizona Broker of Record... BRET ISBELL ... Kidder Matthews ... BR531679000

Faris Lee Investments is pleased to offer for sale the fee simple interest in the 100% leased Shops @ City Square, a 9,364 square foot shops building anchored by Smart & Final Extra! Grocery Store, Ashley HomeStore, Mad Dog Fitness and Hobby Lobby as part of City Square Shopping Center located in Laughlin/ Bullhead City, Arizona. The investment is comprised of 4 diverse regional and national tenants: Optimum Communications, El Pollo Loco Restaurant, Banner Health Physical Therapy and Foodie Mediterranean Grill, providing the investor with a dynamic neighborhood center tenant mix asset which will greatly benefit from the daily traffic generated at City Square Shopping Center. Other notable retailers in the center include McDonalds, Dutch Bros Coffee, Take 5 Oil Change, Perkins Restaurant and City Square Storage.
The subject property is ideally located in “Golden Mile Retail Corridor” in the heart of the Laughlin Nevada/Bullhead City regional trade area that consists of a population of approximately 118,000 people. Furthermore, Shops @ City Square is located along and State Highway 95 with approximately 45,500 vehicles per day, and directly across the street from Mohave High School, Bullhead City Civic and Parks Center, & Mohave County State & Federal Offices. The subject property is strategically located at the signalized, hard corner intersection of Thunderstruck Drive and Highway 95, providing ease of access to the subject property. Highway 95 is the only major north-south corridor that connects the immediate trade area of Bullhead and Laughlin with the cities of Needles & Lake Havasu, and provides access to Interstate 95 / Las Vegas. The subject property is located within close proximity to Wal-Mart Supercenter, Target, Safeway, Sam’s Club, Home Depot, Lowe’s and many other national tenants. There are approximately 48,000 residents with an average household income higher than $64,500 surrounding the subject property. Additionally, the immediate trade area is supported by more than 18,500 daytime employees within a 5-mile radius.