Havasu North Shopping Center 1795 Kiowa Ave

Peach Properties HM, Inc. and Arbor Realty Capital Advisors, Inc. (“Broker / Advisor”) are pleased to present for sale the 3 tenant retail center at 1795 Kiowa Avenue in Lake Havasu City, Arizona (the “Property”). The Property comprises 108,251 square feet of retail space, fully occupied by HOBBY LOBBY, DOLLAR TREE AND ASHLEY FURNITURE at below-market rents, and is strategically positioned at the high-traffic intersection of AZ-95 and Kiowa Avenue, which sees nearly 30,000 vehicles daily.
The Property is part of the larger “Havasu North Shopping Center” (Not a Part) boasting co-tenants such as Big Lots, Staples, Ace Hardware and Food City totaling 254,620 rentable square feet. This shared center provides a parking ratio of 6.8 spaces per 1,000, or 1,740 parking spaces adding significant convenience for consumers and competitive advantage for tenants.
The strong location and 3% retail vacancy of the Lake Havasu City market have prompted two of the three tenants to either expand into adjacent suites or commit to new long-term leases. Dollar Tree recently extended its lease through 2034, while Ashley Furniture expanded its footprint by over 10,600 square feet, reaffirming the property’s viability for mid- to large format retail tenants.
With a current WALE exceeding four years and a rent roll dominated by national tenants, the property provides stable cash flow supported by structured rental increases and strong upside potential. Future rent adjustments allow a new buyer to reposition tenants to market rates, capturing additional value in this high-demand, supply-constrained market.