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1450 E White Mountain Blvd 16,000 SF 100% Leased Retail Building Pinetop, AZ 85935 $3,596,788 CAD ($224.80 CAD/SF) 8.08% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Newly renovated, fully leased commercial plaza in Arizona mountain resort community of Pinetop-Lakeside.

EXECUTIVE SUMMARY

Fully Leased, 16,000 s.f. Commercial Plaza. 12 Tenants include Dental Office, Financial Planner, Various Retail, Coffee Shop/Bakery, Giant Bicycle Dealer, Golf Simulator, etc. Large covered & uncovered deck shared by Coffee Shop/Bakery & Art Gallery. 2024 major exterior renovations and tenant improvements have resulted in excellent tenant recruiting and retention. $162.50 PSF. 80 Parking spaces including 18 employee spaces in rear of building. Contact Broker/Owner for additional information.

FINANCIAL SUMMARY (ACTUAL - 2025)

ANNUAL (CAD) ANNUAL PER SF (CAD)
Gross Rental Income $345,845 $21.62
Other Income - -
Vacancy Loss - -
Effective Gross Income $345,845 $21.62
Taxes $17,984 $1.12
Operating Expenses $37,351 $2.33
Total Expenses $55,335 $3.46
Net Operating Income $290,510 $18.16

FINANCIAL SUMMARY (ACTUAL - 2025)

Gross Rental Income (CAD)
Annual $345,845
Annual Per SF $21.62
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $345,845
Annual Per SF $21.62
Taxes (CAD)
Annual $17,984
Annual Per SF $1.12
Operating Expenses (CAD)
Annual $37,351
Annual Per SF $2.33
Total Expenses (CAD)
Annual $55,335
Annual Per SF $3.46
Net Operating Income (CAD)
Annual $290,510
Annual Per SF $18.16

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
16,000 SF
Building Class
B
Year Built/Renovated
1999/2024
Price
$3,596,788 CAD
Price Per SF
$224.80 CAD
Cap Rate
8.08%
NOI
$290,510 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Loading Docks
1 Exterior
Building FAR
0.24
Lot Size
1.52 AC
Opportunity Zone
Yes
Zoning
Muni (Comm'l) - Office/Retail/Medical
Parking
80 Spaces (5 Spaces per 1,000 SF Leased)
Frontage
275’ on White Mountain Blvd

AMENITIES

  • Dedicated Turn Lane
  • Restaurant
  • Signage
  • Tenant Controlled HVAC
  • Wheelchair Accessible
  • Storage Space
  • Monument Signage
  • Air Conditioning
  • Smoke Detector

NEARBY MAJOR RETAILERS

National Bank of Arizona
PNC Bank

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 311-30-016
  • 311-30-015A
Land Assessment
$403,768 CAD (2026)
Improvements Assessment
$1,674,863 CAD (2026)
Total Assessment
$2,078,630 CAD (2026)
Annual Taxes
$17,984 CAD ($1.12 CAD/SF)
Tax Year
2025
  • Listing ID: 34891162

  • Date on Market: 2025-02-20

  • Last Updated:

  • Address: 1450 E White Mountain Blvd, Pinetop, AZ 85935

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