Skip to content
  • Home
  • Sales
    • 1st Quarter Sales
    • 2nd Quarter Sales
    • 3rd Quarter Sales
    • 4th Quarter Sales
  • Leases
  • Advertise
  • Subscribe
  • Login
  • Home
  • Sales
    • 1st Quarter Sales
    • 2nd Quarter Sales
    • 3rd Quarter Sales
    • 4th Quarter Sales
  • Leases
  • Advertise
  • Subscribe
  • Login

Marcus & Millichap Brokers the Sale of Maverik, a 4,425-SF Net Leased Property in Bullhead City, Arizona

  • Home
  • News
  • Marcus & Millichap Brokers the Sale of Maverik, a 4,425-SF Net Leased Property in Bullhead City, Arizona
News
/
September 13, 2023
/
Real Estate Daily News Service
image_pdfimage_print

BULLHEAD CITY, Ariz., September 12, 2023 – Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today the sale of Maverik, a 4,425 square foot net-leased property located in Bullhead City, Arizona. The asset sold for $2,700,000.

Mark Ruble, executive managing director investments, and Chris Lind, senior managing director investments, in Marcus & Millichap’s Phoenix office, had the exclusive listing to market the property on behalf of the seller, a limited liability company. The sale included a brand new 20-year absolute triple-net (NNN) corporate ground lease with an eight percent rental increase every five years.

The property has excellent visibility to over 30,260 cars per day along Arizona State Route 95, Bullhead City’s main thoroughfare. It sits in a stellar location, with the surrounding area containing retailers such as Safeway, Lowe’s, Starbucks, Harbor Freight Tools, and more. The asset is also less than a 15-minute drive to Laughlin, Nevada, a popular tourist destination with multiple casino resorts, restaurants, entertainment, and recreation. Built in 2023, Maverik is located at 1885 AZ-95 in Bullhead City, Arizona.

Share Now!

Recent Posts

  • Lennar Acquires 58 P&E Lots at Twin Peaks Vista for $1.74M
  • George Oliver Launches Plans for Arbor Old Town, Elevating Office Experience in Scottsdale’s Urban Core
  • Arizona’s Permit Freedom Act Shaved Time Off Homebuilding Process — But Housing Crisis Persists
  • Mazzon Industries, commercial service provider retailer, gears up for budget season
  • Marcus & Millichap Brokers Sale-Leaseback of Tucson Vet Clinic

Archives

Copyright © 2025 Real Estate Daily News
Website by: Heart and Soul Web Design

Scroll to Top