300 White Mtn Blvd Pinetop-Lakeside, AZ 85929
- Office Properties & Spaces
- 22,249 SF
- 2.25 lot acres
Current Use by Public Records
- Lakeside Adult Medicine / Medical Clinic / Internist
- Driss Leon a MD / Doctor
- Dr. Gaylon E. Crawford, DO / Doctor
- Samuel Rosero Garcia / General Practitioner / Family Practice Physician
- Jocelyn Peters Agency / Insurance Agency
Property Details for 300 White Mtn Blvd
- Lot size
- 2.25 lot acres
- Property size
- 22,249 SF
- Property type
- Office Properties & Spaces
- Property subtype
- Medical offices
Description
Exceptional investment opportunity: Eagle Plaza, a fully leased, mixed-use property located at 300 W White Mountain Blvd, Pinetop-Lakeside, AZ 85929, presents a compelling opportunity for investors seeking stable income and strong returns. This stabilized investment boasts a 6.9% cap rate and a substantial net operating income (NOI) of $295,000. The property comprises three buildings totaling 22,249 square feet, constructed between 1996 and 2006, with significant renovations completed in 2018, 2021, 2022, and 2024. The buildings are situated on a 2.25-acre lot and feature 105 parking spaces. Currently housing seven tenants across eleven units, the property enjoys 100% occupancy under net lease agreements. The property's diverse tenant mix includes medical and traditional office spaces, catering to the local community's needs. The property is zoned C-1 and benefits from highway frontage on Highway 260. The asking price is $4,285,000, translating to $192.59 per square foot and $43.72 per square foot for land value. The property is offered fee simple and is suitable for a 1031 exchange. All information should be independently verified by the buyer.
Value Estimation
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Location Insight
- Map
- Local Demand
- City
- Pinetop-Lakeside
- County
- Navajo
- State
- Arizona
- Longitude
- -109.958
- Latitude
- 34.1452
