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
- 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)
Documents
Listing Office: Realty ONE Group

Last Updated: January - 29 - 2025
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