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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
Country: US
County Code: Navajo
Assessor Number: 212-30-031-C
Tax Year: 2023

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

Sold Info

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

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

Unbranded Flyer ›

Listing Office: Realty ONE Group

Last Updated: January - 29 - 2025