7045 N Shipping Ln, Kingman, AZ 86401

$2,150,000
Property Type: Commercial Improved Square Footage: 29,824 Lot Size (sq. ft.): 87,120 Status: Active
Current Price: $2,150,000 List Date: 9/29/2025 Last Modified: 12/21/2025

Overview

Description

Industrial building with 9 docks and OH doors. Five year lease to current tenant who has occupied the premises for 25 years. Lease escalates to $13,000 mo. from 3/1/ 2028 to 2030 generating a projected Cap Rate of 6.6% beginning March 1, 2028. 9 dock high doors - 7 10x10 dock hi and 2 10x10 grade level.

Listing Details MLS# 1037409

Basic Information

List Price/SqFt
72.09
Commercial Type
Heavy Industrial
Annual Lease Price
144000
Bus And/Or Re
RE Only
Lease Type
Mod. Gross

Location

Street No.
7045
Dir
N
Street
Shipping
St Suffix
Ln
State
AZ
Zip Code
86401
County
Mohave
Subdivision/Community
Kingman Airport Ind Pk
Area
East of Kingman
Twp
22N
Sec
26
Zoning
K-I-2 Heavy Industry
Overlay Districts
None
Cross Street
AIRPORT DRIVE
Legal Description
KINGMAN AIRPORT INDUSTRIAL PARK PARCEL VI-E-C-A PER SURVEY REC 8/ 10/95 FN 95- 41495 CONT 2.00 ACRES 310-16-030 & 310-19
Distance (Mi.) to Highway
0.5
Highway Name
ROUTE 66
Industrial Park
Yes
Distance (Mi.) to I-40
4
Parcel ID
310-19-165

Property Information

Year Built
2004
Builder Name
T R ORR
Less Than 1 Acre
No
Lot SqFt
87120
Acres
2
Building Stories
Yes
Apx Living SqFt
29824
SqFt Source
Builder
Total Buildings
Yes
Total # Units
Yes
Expandable
No
Number of Docks
9
Unit Level
Ground
Multi-Tenant Building
No
Front Exposure
Southwest
Apx Garage Depth
0-21
Garage
0

Green Information

Solar
None

Remarks

Public Remarks
Industrial building with 9 docks and OH doors. Five year lease to current tenant who has occupied the premises for 25 years. Lease escalates to $13,000 mo. from 3/1/ 2028 to 2030 generating a projected Cap Rate of 6.6% beginning March 1, 2028. 9 dock high doors - 7 10x10 dock hi and 2 10x10 grade level.
Directions
Route 66 (Andy Divine) to Airport Drive. Left onto Shipping Lane to 7045.

More Information

Annual Costs

Annual Insurance $
5400
Cap Rate %
6.05
NOI $
130137

Unit 1

Rent
12000
Annual/Monthly
Monthly

Taxes/Assessments/HOA

Taxes
8463
Tax Yr
2024
Assessments
No
HOA
No
Leased Land
No

Construction

Steel Frame
Yes

Features

Private Restrooms
Yes

Electric/Gas

Master Meter
Yes

Interior Flooring

Concrete
Yes

Cooling

Evaporative Cooling
Yes

Fencing

Back Yard
Yes

Special Information

Presently Leased
Yes

Terms

1031 Exchange
Yes
Owner Will Carry
Yes

Water

Rural Co.
Yes

Loading Dock

10 Ft High
Yes
10 Ft Wide
Yes
Dock High
Yes

Owner Pays

Fire Insurance
Yes
Roof Maintenance
Yes

Possession

Negotiable
Yes

Roofing

Metal
Yes

Seller Doc Avail

Building Lease
Yes
Floor Plan
Yes
Insurance Policies
Yes
Tax Bills Real Estate
Yes

Site Description

Paved Road
Yes
Stand Alone Building
Yes

Tenant Pays

All Utilities
Yes
Electricity
Yes

Use Type

Building Trade
Yes
Distribution
Yes
Manufacturing
Yes
Storage
Yes
Warehouse w/office
Yes

Property Features

Construction: Steel Frame Features: Private Restrooms Fencing: Back Yard Interior Flooring: Concrete Cooling: Evaporative Cooling Loading Dock: 10 Ft High; 10 Ft Wide; Dock High Owner Pays: Fire Insurance; Roof Maintenance Roofing: Metal Seller Doc Avail: Building Lease; Floor Plan; Insurance Policies; Tax Bills Real Estate Site Description: Paved Road; Stand Alone Building Special Information: Presently Leased Tenant Pays: All Utilities; Electricity Terms: 1031 Exchange; Owner Will Carry Use Type: Building Trade; Manufacturing; Distribution; Storage; Warehouse w/office Water: Rural Co. Possession: Negotiable
Listing Office: Brooks-Clark And Assoc.
Listing Agent: Suzannah Ballard
IDX
Last Updated: December - 21 - 2025
Information deemed reliable but not guaranteed.