Value-Add Investment Show Low, Ariz.

Cub Lake Square 5171 Cub Lake Rd Show Low, AZ 85901

  • 49,280 Square Feet
  • Healthcare-Medical Retail
  • For Sale

Summary Description

Investment Opportunity. Cub Lake Square  at 5171 Cub Lake Rd in Show Low, Arizona. Prime opportunity to own a successful medical office complex and retail strip center. Project can be sold together or in part (A, B & C).

The properties are located just off the main thoroughfare (SR 260) in Show Low, directly across the street from Summit Healthcare Regional Hospital, Walmart, Lowe’s and Home Depot. Presently 92 percent occupied, the offering features long term stability with a solid mix of healthcare, government and retail tenants.

Contact  Matt Fitz-Gerald or John Barnes to request the offering memorandum.

Medical Buildings B & C: $9.5 million ($212.05 PSF). Buildings consist of ±44,800 square feet total on ±4.59 acres (two parcels).

Retail Building A: $675,000 ($150.67 PSF). Building consists of ±4,480 square feet on ±0.40 acres (one parcel).

Price: $10,175,000.00

Area Available: 49,280 Square Feet

Medical Buildings B & C

±44,800 SF total on ±4.59 acres (two parcels)

Retail Building A

±4,480 SF on ±0.40 acres (one parcel)

Zoning

C-2

Year Built

2003-2005

Features:

  • Attractive medical office complex and retail strip center
  • Occupied by reputable and successful tenants
  • Most of the leases are modified gross featuring annual rent and CAM escalations
  • Well-constructed with steel roofing, block construction and concrete driveways
  • Project can be sold together or in part (A, B and C)
  • Additional land parcels available for sale for future development potential
  • Excellent location due to proximity to the hospital
  • Major tenants include Summit Healthcare and the Veteran's Administration
Related Documents:

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