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1150 W 8th St
Yuma, AZ 85364 Downtown Yuma

$3,580,000 USD

Drugstore For Sale  •  20,015 SF

Property Details

  • Property Type Drugstore
  • Total Building Size 20,015 SF
  • Lot Size 2.42 AC
  • Building Class B
  • Year Built 1994
  • Cap Rate 7.25 %
  • Tenancy Multiple
  • Zoning C
24 Transit Score
78 Walk Score

Highlights

Prime Location with Excellent Access: Positioned along W 8th Street, the center benefits from daily traffic volumes exceeding 17,463 VPD
Exclusive Walgreens Tenancy: The subject property includes the only Walgreens within a 3.8-mile radius, offering a dominant retail presence
Strong Income and Cap Rate: Priced at $3,580,000 with a 7.25% cap rate, the property generates $259,427 in Year 1 NOI.
Attractive Tenant Mix with Longevity: In addition to Walgreens, the center includes Subway, Pollos El Correteado, Populus Finance, and 8th Street
High-Performing Local Demographics: The property serves a dense and growing trade area of 91,373 residents within 5 miles with an average household
Established Retail Trade Hub: Yuma maintains a low retail vacancy rate of just 2.9%, underscoring a strong retail environment.
Cap Rate: 7.25 %

Major Tenants

Tenant SF Occupied Lease End Date
ACE Cash Express, Inc.
Alpha Tax
Pollos El Correteado
Subway
Walgreens

Amenities

  • Corner Lot
  • Freeway Visibility
  • Signage
  • Signalized Intersection

Public Transportation

Commuter RailDriveWalkDistance
5 min - 1.9 mi
AirportDriveWalkDistance
Yuma International 11 min - 5.1 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 124
Type: Surface
Included in Rent: Yes
Research In Progress Research In Progress
Research In Progress Research In Progress