300 W WHITE MOUNTAIN Boulevard, Lakeside, AZ 85929 (MLS# 6752921)

300 W WHITE MOUNTAIN Boulevard, Lakeside, AZ 85929

$4,215,000
Property Type: Comm/Industry Sale Square Footage: 22,249 Lot Size (sq. ft.): 37,645 Status: Closed
Current Price: $4,215,000 List Date: 9/05/2024 Last Modified: 1/29/2025

Overview

Description

6.9% CAP NOI apx $295,000, stable income investment property in Pinetop- Lakeside, AZ with diverse tenants that serve the local community featuring fully leased medical, office and retail uses. Well maintained pride of ownership asset fronting Highway 260 with 3 buildings 218-300-316 West White Mnt Blvd, APN= 212-30-014C. and 212-30-031C. Buyer shall independently investigate all utilities, service, lot boundaries and all other data to verify all information for Buyer's intended use.

Listing Details MLS# 6752921

Location, Tax & Legal

House Number
300
Compass
W
Street Name
WHITE MOUNTAIN
St Suffix
Boulevard
City/Town Code
Lakeside
State/Province
AZ
Zip Code
85929
Zip4
7015
County Code
Navajo
Assessor Number
212-30-031-C
Tax Year
2023
Assessor's Map #
30
Legal Description (Abbrev)
SECTION 25,T9N,R22E: COMM E4 COR SEC 25; TH S41*42'09 W 1158.84'; TH S41*54'07 W 145.74'; TH S39*21'
Assessor's Parcel #
31
Assessor Parcel Ltr
C
Add'l Parcels
Yes
Tax Municipality
Pinetop-Lakeside
Census Tract
965300
Taxes
13294
Legal
SECTION 25,T9N,R22E: COMM E4 COR SEC 25; TH S41*42'09 W 1158.84'; TH S41*54'07 W 145.74'; TH S39*21'
Marketing Name
Eagle Plaza

Contract Info

Ownership
Fee Simple

General Property Description

Type of Property
Office/ Medical
Ttl Apx SqFt Bldg
22249
# of Buildings
3
Year Built
2006
Uncvrd Parking Spcs
105
Zoning
C-1
Flood Zone
No

Remarks Misc

Cross Street
White Mountain Blvd (Highway 260) and Yaeger LN
Directions
Highway frontage off the 260 in Pinetop - Lakeside

Status Change Info

Off Market Date
2024-11-22
Under Contract Date
2024-11-22
Close of Escrow Date
2025-01-28

Legal Info

Township
09N
Range
22E
Section
25
Lot Number
014C

More Information

Income Expenses

Gross Annual Sch Inc
419014.32
Net Operating Income
295500

Showing Notification Methods

Showing Service
Aligned Showings
Text
Yes
Email
Yes
Phone Call
Yes

Sold Info

Loan Type
Other
Payment Type
Other
Clsing Cost Split
Normal - N
Buyer Concession $/%
%
Seller Concession $/%
%
Buyer Concession to Seller
0
Seller Concession to Buyer
0

Construction

Wood Frame
Yes

Roofing

Composition
Yes

Floors

Vinyl
Yes
Ceramic Tile
Yes
Carpet
Yes

Income & Expenses

Annual Elec Exp
960
Annual Ins Exp
16800
Annual Landscape Exp
2100
Annual Maint Exp
2400
Owner Association
No
Annual Ownr Asoc Fee
0
Annual PAD Fee
0
Other Income
419014.32
Vacancy Allowance
0.02
Adjusted Gross Inc
410634.03

Building Type

Commercial
Yes
Office
Yes

Business Type

Dental
Yes
Mixed
Yes
Medical
Yes
Professional/Office
Yes
Other
Yes

Stories

1 Story
Yes

Pmt & Rate Info

Cap Rate
6.9
Equity
4285000
Total Owed
0

Lockbox Type

None
Yes

Ceiling Height

8.1 Feet to 10 Feet
Yes
10.1 Feet to 12 Feet
Yes
12.1 Feet to 14 Feet
Yes

Heating

Electric
Yes
Natural Gas
Yes
See Remarks
Yes

Cooling

Central Air
Yes
Office A/C
Yes
See Remarks
Yes

Interior Features

Finished
Yes
Smoke Detector(s)
Yes
Security System
Yes
Security Light(s)
Yes
Phone System
Yes
Private Restrooms
Yes
Public Restrooms
Yes
Other (See Remarks)
Yes

Loading Facilities

None
Yes

Road Surface Type

Asphalt
Yes
Gravel
Yes

Exterior

Landscaping
Yes
Curb(s) & Gutter(s)
Yes
Building Sign
Yes
Sidewalk(s)
Yes
Monument Sign
Yes
Security Light(s)
Yes

Source of Fincl Data

Owner
Yes

Traffic Count

25,001 to 35,000
Yes

Fencing

None
Yes

Water Source

City Franchise
Yes

Freeway/Highway

Frontage
Yes

Building Features

Conference Room
Yes
Reception Room
Yes
Kitchen
Yes
Skylight(s)
Yes
Other (See Remarks)
Yes

Sewer

Sewer - Public
Yes

Parking Features

Free
Yes
Parking Lot
Yes
Private
Yes

Electric

City Electric
Yes

Gas

Unisource
Yes

New Financing

Cash Only
Yes
1031 Exchange
Yes

Existing 1st Loan

Private
Yes

Use Restrictions

Currently Leased
Yes

Reports/Disclosures

Other (See Remarks)
Yes

Environmental

Other (See Remarks)
Yes

Property Features

Building Type: Commercial; Office Business Type: Dental; Mixed; Medical; Professional/Office; Other Stories: 1 Story Construction: Wood Frame Roofing: Composition Floors: Vinyl; Ceramic Tile; Carpet Ceiling Height: 8.1 Feet to 10 Feet; 10.1 Feet to 12 Feet; 12.1 Feet to 14 Feet Heating: Natural Gas; See Remarks Cooling: Central Air; Office A/C; See Remarks Loading Facilities: None Interior Features: Finished; Smoke Detector(s); Security System; Security Light(s); Phone System; Private Restrooms; Public Restrooms; Other (See Remarks) Exterior: Landscaping; Curb(s) & Gutter(s); Building Sign; Sidewalk(s); Monument Sign; Security Light(s) Fencing: None Building Features: Conference Room; Reception Room; Kitchen; Skylight(s); Other (See Remarks) Parking Features: Free; Parking Lot; Private Electric: City Electric Gas: Unisource Water Source: City Franchise Sewer: Sewer - Public New Financing: Cash Only; 1031 Exchange Showing Notification Methods: Text; Email; Phone Call Lockbox Type: None Source of Fincl Data: Owner Existing 1st Loan: Private Road Surface Type: Asphalt; Gravel Traffic Count: 25,001 to 35,000 Use Restrictions: Currently Leased Environmental: Other (See Remarks)
Listing Office: Realty ONE Group
IDX
Last Updated: January - 29 - 2025
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