Multi-Tenant Medical Office Complex

Multi-Tenant Medical Office Complex

• Location: 2035 Mesquite Ave. Lake Havasu City, AZ 86403
• Sold for: $2.65 Million, November  2020
• Highlights:
  • Income Property / 1031 Exchange
  • Total of 12,030 sq/ft
  • Building #1 government “Veteran Affairs” full lease 
  • Completed GSA contract novation agreement
  • Building #2 two separate tenants / NNN Leases
  • Major corner in Lake Havasu City Medical District 
• My Role: Found off market 7% cap rate investment property, negotiated a competitive sale price representing the buyer, helped complete GSA novation agreement for government lease transfer.