Share This Listing

Message

952 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

1450 E White Mountain Blvd 16,000 SF 100% Leased Retail Building Pinetop, AZ 85935 $3,629,392 CAD ($226.84 CAD/SF) 8.08% Cap Rate

Save this listing!

Favourite this listing to get notified of price updates, new media and more

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 $348,980 $21.81
Other Income - -
Vacancy Loss - -
Effective Gross Income $348,980 $21.81
Taxes $18,147 $1.13
Operating Expenses $37,690 $2.36
Total Expenses $55,837 $3.49
Net Operating Income $293,143 $18.32

FINANCIAL SUMMARY (ACTUAL - 2025)

Gross Rental Income (CAD)
Annual $348,980
Annual Per SF $21.81
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $348,980
Annual Per SF $21.81
Taxes (CAD)
Annual $18,147
Annual Per SF $1.13
Operating Expenses (CAD)
Annual $37,690
Annual Per SF $2.36
Total Expenses (CAD)
Annual $55,837
Annual Per SF $3.49
Net Operating Income (CAD)
Annual $293,143
Annual Per SF $18.32

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
$3,629,392 CAD
Price Per SF
$226.84 CAD
Cap Rate
8.08%
NOI
$293,143 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
  • 311-30-015A
  • 311-30-016
Land Assessment
$409,739 CAD (2026)
Improvements Assessment
$1,699,631 CAD (2026)
Total Assessment
$2,109,369 CAD (2026)
Annual Taxes
$18,147 CAD ($1.13 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

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}