Share This Listing

Message

961 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

Investment Highlights

  • Professional on-site property management with an owner’s association.
  • Ideally positioned in the heart of the Golden Mile on Highway 95 near robust retail activity.
  • Prime signage, prominent frontage, and excellent visibility on Mohave Valley Highway.
  • Beautiful mountain views, ample parking, and easy Highway 95 access.

Executive Summary

CENTERED between the triangle of Las Vegas, Phoenix and Los Angeles the property sits in a market of 5 million year-round tourists seeking river recreation in the summer, warmer weather in the winter and gaming. Ideally located in the middle of The Golden Mile of Highway 95 the property is highly visible with frontage on Mohave Valley Highway.

5 Units Available

  • Unit
  • Unit Size
  • Condo Use
  • Price
  • NOI
  • Unit 103-104
  • 2,000 SF
  • Office
  • $485,204 CAD ($242.60 CAD/SF)
  • -
Sale Type Investment
Description
Finished and fully occupied, this cash-flowing office condo with executive suites is available in Bullhead City’s premier 100,000 SF property, located in the heart of the Central Business District.
Sale Notes
100% occupied executive suite office condo for sale, Situated within the professionally managed, centrally located Colorado Place Office Condo Development.
Gross Income = $35,000
  • Unit 106
  • 1,011 SF
  • Office
  • $248,163 CAD ($245.46 CAD/SF)
  • -
Sale Type Owner User
  • Unit 120
  • 2,000 SF
  • Office/Medical
  • $521,351 CAD ($260.68 CAD/SF)
  • -
Sale Type Investment
Description
Fully built out medical office, features reception, waiting, and check in. Comes with six exam rooms with sinks, two restrooms and an employee breakroom.
Sale Notes
Fully leased investment office condo offering. Tenant is in the med spa industry and signed a 6-year lease with annual rent escalations.
Gross annual income: $24,000
  • Unit 126/127
  • 2,038 SF
  • Office/Medical
  • $529,840 CAD ($259.98 CAD/SF)
  • -
Sale Type Owner User
APN/Parcel ID 220-61-039, 220-61-040
Description
This property is strategically located near prime retail activity and is highly visible with the office location along Mohave Valley Highway. Additionally, this well maintained property features ample parking and breath taking mountain views.
Sale Notes
Medical condo for sale available at the Center of the Central Business District of Bullhead City
  • Unit 204 2nd fl
  • 1,219 SF
  • Office
  • $207,150 CAD ($169.93 CAD/SF)
  • -
Sale Type Investment or Owner User
APN/Parcel ID 220-61-047
Description
PRIME HIGHWAY FRONTAGE! Available office space at the premiere Colorado Place Office Condo's in the heart of Bullhead City. Owner Association has made recent improvements to the building including paint and signage. This suite has 1,219 SF with an open floor plan and 3 office/storage spaces. Bathroom and break area in the back of the suite next to rear entry door leading to balcony and tenant parking only. Location offers high traffic count plus building notoriety. Plenty of shared parking for Tenants and guests. Stairs or elevator are available to second floor. Suite is on North end of building.
Unit Unit Size Condo Use Price NOI
Unit 103-104 2,000 SF Office $485,204 CAD ($242.60 CAD/SF) -
Unit 106 1,011 SF Office $248,163 CAD ($245.46 CAD/SF) -
Unit 120 2,000 SF Office/Medical $521,351 CAD ($260.68 CAD/SF) -
Unit 126/127 2,038 SF Office/Medical $529,840 CAD ($259.98 CAD/SF) -
Unit 204 2nd fl 1,219 SF Office $207,150 CAD ($169.93 CAD/SF) -

Unit 103-104

Unit Size
2,000 SF
Condo Use
Office
Price
$485,204 CAD ($242.60 CAD/SF)
NOI
-

Unit 106

Unit Size
1,011 SF
Condo Use
Office
Price
$248,163 CAD ($245.46 CAD/SF)
NOI
-

Unit 120

Unit Size
2,000 SF
Condo Use
Office/Medical
Price
$521,351 CAD ($260.68 CAD/SF)
NOI
-

Unit 126/127

Unit Size
2,038 SF
Condo Use
Office/Medical
Price
$529,840 CAD ($259.98 CAD/SF)
NOI
-

Unit 204 2nd fl

Unit Size
1,219 SF
Condo Use
Office
Price
$207,150 CAD ($169.93 CAD/SF)
NOI
-

Unit 103-104

Unit Size 2,000 SF
Condo Use Office
Price $485,204 CAD ($242.60 CAD/SF)
NOI -
Sale Type Investment
Description
Finished and fully occupied, this cash-flowing office condo with executive suites is available in Bullhead City’s premier 100,000 SF property, located in the heart of the Central Business District.</li></ul>
Sale Notes
100% occupied executive suite office condo for sale, Situated within the professionally managed, centrally located Colorado Place Office Condo Development.<br> Gross Income = $35,000</li></ul>

Unit 106

Unit Size 1,011 SF
Condo Use Office
Price $248,163 CAD ($245.46 CAD/SF)
NOI -
Sale Type Owner User

Unit 120

Unit Size 2,000 SF
Condo Use Office/Medical
Price $521,351 CAD ($260.68 CAD/SF)
NOI -
Sale Type Investment
Description
Fully built out medical office, features reception, waiting, and check in. Comes with six exam rooms with sinks, two restrooms and an employee breakroom.</li></ul>
Sale Notes
Fully leased investment office condo offering. Tenant is in the med spa industry and signed a 6-year lease with annual rent escalations.<br> Gross annual income: $24,000</li></ul>

Unit 126/127

Unit Size 2,038 SF
Condo Use Office/Medical
Price $529,840 CAD ($259.98 CAD/SF)
NOI -
Sale Type Owner User
APN/Parcel ID 220-61-039, 220-61-040
Description
This property is strategically located near prime retail activity and is highly visible with the office location along Mohave Valley Highway. Additionally, this well maintained property features ample parking and breath taking mountain views.</li></ul>
Sale Notes
Medical condo for sale available at the Center of the Central Business District of Bullhead City</li></ul>

Unit 204 2nd fl

Unit Size 1,219 SF
Condo Use Office
Price $207,150 CAD ($169.93 CAD/SF)
NOI -
Sale Type Investment or Owner User
APN/Parcel ID 220-61-047
Description
PRIME HIGHWAY FRONTAGE! Available office space at the premiere Colorado Place Office Condo&#39;s in the heart of Bullhead City. Owner Association has made recent improvements to the building including paint and signage. This suite has 1,219 SF with an open floor plan and 3 office/storage spaces. Bathroom and break area in the back of the suite next to rear entry door leading to balcony and tenant parking only. Location offers high traffic count plus building notoriety. Plenty of shared parking for Tenants and guests. Stairs or elevator are available to second floor. Suite is on North end of building.</li></ul>

Property Facts

The following property facts apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
Total Building Size 45,000 SF
Property Type Office
Property Subtype Medical
Building Class B
Floors 1
Typical Floor Size 29,000 SF
Year Built 2000
Lot Size 1.03 AC
Parking Ratio 2.82/1,000 SF
Zoning C-2 - C-2; Commercial
Somewhat walkable
30/100
Very drivable
80/100
Limited public transit
30/100
Somewhat bikeable
20/100
  • Listing ID: 30723871

  • Date on Market: 2024-01-22

  • Last Updated:

  • Address: 2585 Miracle Mile, Bullhead City, AZ 86442

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}