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300 W White Mountain Blvd

22,249 SF 100% Leased Office Building Lakeside, AZ 85929 £3,375,294 (£152/SF) 6.90% Net Initial Yield

Investment Highlights

  • Fully leased income producing property in the pines!
  • Opportunity for additional land acquisition for future expansion. Call Broker for details.
  • Pride of ownership, frequently updated and meticulously maintained.

Executive Summary

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.

Attachments

Eagle Plaza Mkt Pkg

Property Facts Under Contract

Sale Type
Investment
Sale Condition
1031 Exchange
Property Type
Office
Property Subtype
Medical
Building Size
22,249 SF
Building Class
C
Year Built/Renovated
1998/2022
Price
£3,375,294
Price Per SF
£152
Net Initial Yield
6.90%
NOI
£232,895
Percent Leased
100%
Tenancy
Multiple
Number of Floors
1
Typical Floor Size
22,249 SF
Building FAR
0.23
Lot Size
2.25 AC
Opportunity Zone
Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning
C-1 - allows commercial service and shopping businesses to build and manage locations in residential areas
Parking
105 Spaces (4.72 Spaces per 1,000 SF Leased)

Amenities

  • 24 Hour Access
  • Signage
  • Monument Signage
  • Air Conditioning
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PROPERTY TAXES

Parcel Numbers
Multiple
  • 212-30-031C
  • 212-30-014C
 Improvements Assessment £296,819
Land Assessment £48,359 Total Assessment £345,178

PROPERTY TAXES

Parcel Numbers
Multiple
  • 212-30-031C
  • 212-30-014C
Land Assessment
£48,359
Improvements Assessment
£296,819
Total Assessment
£345,178
(602) 953-4000

Contacts

  • Listing ID: 33114379

  • Date on Market: 09/09/2024

  • Last Updated:

  • Address: 300 W White Mountain Blvd, Lakeside, AZ 85929

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© 2024 CoStar Group

300 W White Mountain Blvd
(602) 953-4000 x

300 W White Mountain Blvd

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David White

(602) 953-4000

(602) 953-4000

Brian Dellis

(602) 550-5203

(602) 550-5203

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