Shops at City Square

Highlights:

• 100% LEASED ASSET TO BANNER HEALTH PHYSICAL THERAPY, OPTIMUM COMMUNICATIONS,EL POLLO LOCO, & FOODIE GRILL. IDEAL TENANT MIX OF DIVERSE USES
• STABLE INVESTMENT WITH CREDIT TENANTS AND SUSTAINABLE RENTS/PRICED BELOW REPLACEMENT COSTS
• EXCELLENT PYLON SIGNAGE FOR TENANTS ON HIGHWAY 95 | OUTSTANDING ACCESS TO CITY SQUARE CENTER/MULTIPLE ACCESS POINTS
• STRATEGIC AND CENTRALIZED LOCATION IN BULLHEAD CITY/LAUGHLIN NV | EASE OF MANAGEMENT/NNN LEASES
• MASTER PLANNED 250 ACRE CITY CENTRE MIXED USE DEVELOPMENT /THE TRAILS AT BLACK MOUNTAIN STRENGTHEN THE IMMEDIATE TRADE AREA (APPROX 3,600 HOMES)
• UNIQUE AND DYNAMIC REGIONAL TRADE AREA WITH STRONG DEMOGRAPHICS

Description:

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.

Bullhead City, AZ
Bullhead City, Arizona, is a dynamic desert community situated along the scenic banks of the Colorado River at the strategic intersection of Arizona, Nevada, and California. Originally established in the 1940s as the headquarters for the construction of Davis Dam, the city has evolved into a premier regional destination with a permanent population of approximately 42,000 residents as of 2024, serving as the primary economic and retail hub within the Lake Havasu City-Kingman Metropolitan Statistical Area (MSA). Anchoring a region with over 217,000 residents, Bullhead City’s robust economy is driven by its symbiotic relationship with Laughlin, Nevada, located directly across the river, which creates a powerhouse for the hospitality and gaming industries. With over two million annual tourists drawn to the area’s year-round sunshine and water sports, the city continues to experience steady growth as a critical nexus for commerce, healthcare, and retirement living in Northwestern Arizona.
Laughlin, NV
Laughlin, Nevada, located on the western bank of the Colorado River, is a premier resort destination and the entertainment and gaming capital of the Colorado River Valley. Established in 1964 by Don Laughlin, the town has evolved from a modest bait shop and motel into a thriving hospitality hub that now attracts nearly two million visitors annually. Strategically positioned across the river from Bullhead City, Arizona, Laughlin anchors the regional tourism economy with its signature Riverwalk, prominent casino resorts, and abundant water-based recreation. As a vital economic engine for Southern Clark County, Laughlin generates substantial employment and tax revenue, fostering a symbiotic commercial relationship with its Arizona neighbor and supporting continued growth in the retail and service sectors throughout the Tri-State region.

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