Homeslyst  /  For Sale  /  Commercial Property  /  Alabama  /  Listing 1602663

Pinetop, 100% Occupied with a cap rate of 6% for Sale

Detailed Information

  • Type: Private

  • Price: $2,450,000

  • Location: 674 E White Mountain Boulevard, Pinetop, AZ

  • Size: 19999 square feet

  • Condition: Used

  • For sale by: Agent/Broker

  • Agent: LINDA R CEDARBLADE

100% Occupied with a cap rate of 6%, this well-established Shopping Center in the heart of Pinetop.

Almost 20,000 Sq Ft of leased space and nearly 17k Monthly Lease Income, with the potential of more monthly income in the future. Long-term leases in place. 100% Occupancy. Approximately 350' of Hwy frontage. Current cap rate of 6% and can continue to increase for the future owner. Beautiful green belt on highway frontage and very well maintained. US Post Office anchor. Call for more info.

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