Shopping Strip

Thunderbird Plaza

2855 S 4th Ave, Yuma, AZ 85364

Listing Price: $1,333,000

Cap Rate
8.01%
Gross SF
12,400
Rentable SF
12,400
Price/Gross SF
$107.50
Lot Size
1.83 acres
Year Built
1955

Investment Overview

Marcus & Millichap has been selected to exclusively market for sale the fee simple interest in Thunderbird Plaza, located on S 4th Avenue in the Big Curve district of Yuma, AZ. The strip center is 12,400 rentable square feet across a 1.83 acre lot. Thunderbird Plaza presents a unique value - add opportunity with below market rents. The Big curve district is comprised of multiple credit retailers with high traffics counts (23,506 cars per day) on S 4th Avenue. The big box tenants include, Albertsons, Lowes, Subway, Verizon, Dutch Bros, Chipotle, Big 5 Sporting Goods, Burlington, Starbucks, Walgreens & CVS. Thunderbird Plaza provides a significant return for an investor looking to maximize their investment, in an emerging part of Yuma, AZ.

Investment Highlights

  • 14.08% In Place Levered Return
  • 25.58% Pro Forma Cash-On-Cash Return
  • Below Market Rents
  • Priced Below Replacement Cost
  • Flexibility to Convert All Leases to NNN
  • 34,414 Average Daily Traffic

Exclusively Listed By

Shopping Strip

Thunderbird Plaza

Listing Price: $1,333,000

Cap Rate
8.01%
Gross SF
12,400
Rentable SF
12,400
Price/Gross SF
$107.50
Lot Size
1.83 acres
Year Built
1955

Investment Highlights

  • 14.08% In Place Levered Return
  • 25.58% Pro Forma Cash-On-Cash Return
  • Below Market Rents
  • Priced Below Replacement Cost
  • Flexibility to Convert All Leases to NNN
  • 34,414 Average Daily Traffic

Investment Overview

Marcus & Millichap has been selected to exclusively market for sale the fee simple interest in Thunderbird Plaza, located on S 4th Avenue in the Big Curve district of Yuma, AZ. The strip center is 12,400 rentable square feet across a 1.83 acre lot. Thunderbird Plaza presents a unique value - add opportunity with below market rents. The Big curve district is comprised of multiple credit retailers with high traffics counts (23,506 cars per day) on S 4th Avenue. The big box tenants include, Albertsons, Lowes, Subway, Verizon, Dutch Bros, Chipotle, Big 5 Sporting Goods, Burlington, Starbucks, Walgreens & CVS. Thunderbird Plaza provides a significant return for an investor looking to maximize their investment, in an emerging part of Yuma, AZ.

Exclusively Listed By

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