$4,999,000Light Industrial in Lake Havasu City

Offered by: Raul Ballas , (714) 686-0018 , raulballas@mohaverealtyinc.com

Address:	1680 W Acoma Blvd
Price:	$4,999,000
Location:	Lake Havasu City, AZ	MLS #:	1019971
Zip Code:	86403	Sq. Feet :	15,828
County:	Mohave	Bedroom:
Garage:		Bath:
Year Built:	1991	Acreage:	1.16

Description: 1. Brand New Corporate Gauranteed lease with ALLO Communications. ALLO Communication will be occupying over 70% of the property. The company is making a 50 million dollar infrastructure investment in Lake Havasu City and plans to keep location long term to service the area.2. Built in and established scarcity for reduced long term risk. Light Indutrial zoned property is near impossible to find in Lake Havasu City due to the major Storage Unit complex boom over the last 5 years. Almost all usable land was aquired and developed as storage units leaving little to no options for local businesses requiring industrial zoning. 3. Annual 3% base rent increase is significantly more than industry standard 8%-10% every 5 years.4. Value is not ony based on a corporate gauranteed lease. Comparable sales averages are $287/sqft. See Statistical Market Analysis page for more details.5. Signal Corner off HWY 95 and Acoma with estimated 17,500 traffic count.

Amenities Total Units: 7

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