Pinetop Retail Plaza. $761,000 / 6.2% CAP Rate

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1 Pinetop Retail Plaza 1555 W. White Mountain Blvd., Pinetop-Lakeside, AZ (The White Mountains) EXCLUSIVE LISTING AGENT: James M. Maloney $761,000 / 6.2% CAP Rate 3 Tenants: Real Estate Office, Hair Salon, Cell Phone Store. Upside Potential tenants with 2 vacancies Retail Complex Strategically located next to movie theater New / Well Maintained building / Great highway visibility/ Excellent foot traffic Pinetop / Show Low: Vacation Destination for Phoenix, Tucson, Albuquerque Elevation: 7,000 ft. (20 degrees cooler than Phoenix) Close to Wal-Mart (Top producing store in State 08), Home Depot, and Lowes 1

2 PONEROSA Pinetop Retail PLAZA Plaza Highway 260 & Woodland Lake Rd. in Pinetop, AZ (The White Mountains) INVESTMENT SUMMARY PRICE: $761,000 CAP RATE: 6.2% Net Operating Income: $47, Building Area Land Area: Occupancy: 75% Lease Type: Approximately 6088 Square Feet.21 Acres Year Build: 2007 Ownership: Address: Triple-Net (NNN) & Modified Gross Fee Simple Interest 1555 W. White Mountain Blvd, Pinetop- Lakeside, AZ, Introduction Genesis Real Estate as exclusive agent, is pleased to present for sale Pinetop Retail Plaza, a 5 tenant retail complex located in Pinetop-Lakeside, AZ. The Pinetop Retail Plaza is located in the tourist destination of Pinetop on Highway 260, very close to Summit Regional Hospital, next to WME movie theater and across the street from Blue Ridge School. The Pinetop Retail Plaza represents the very best in commercial real estate investments: a visible, high traffic location in a rapidly growing region, an excellent tenant mix, upside with 2 vacant spaces, and a stabilized income stream with scheduled rent escalations. This investment opportunity should not be missed. PROPOSED FINANCING OPTION Amount: $570,750 (75% LTV) Down Payment: $190,250 Scenario A Source: Bank Loan Terms: 4.5% Fixed, 25 Year Amort. Debt Service: $38, Cash Flow: $9, Cash-On-Cash: 5% 2

3 PONDEROSA Pinetop Retail PLAZA Plaza Highway 260 & Woodland Lake Rd. in Pinetop, AZ (The White Mountains) Sale Price $761,000 Price Per Square Foot $ Capitalization Rate 6.2% Total Rentable Area (Square Feet) 6,088 Potential Gross Revenue Scheduled Base Rental Revenue $62, CAM Reimbursement $included Real Estate Taxes Reimbursement Revenue $included Insurance Reimbursement Revenue $0 Effective Gross Revenue $62, Operating Expenses CAM Expense $6,000 Real Estate Taxes $6, Insurance $1,621 (Mahoney) Vacancy / Management / Reserves $0 Total Operating Expense $14, Equals: Net Operating Income $47,

4 PONDEROSA Pinetop Retail PLAZA Plaza Highway 260 & Woodland Lake Rd. in Pinetop, AZ (The White Mountains) Tenant Feet GLA Begin End Remain Begin Monthly PSF Annually PSF Type Advantage Realty 1,685 Sep-2018 Current $1,966 $23,590 $0.00 NNN Expressions 1,597 Nov-2016 Current $1,400 $16,800 $0.00 Gross Go Wireless 1,306 Oct-2020 Current $1,804 $21,648 NNN OPEN 750 $0 OPEN 750 $0 TOTALS 6,088 0% Current $5,170 $62,038 NNN * Subway lease includes % rent in the amount of 4% of monthly gross sales less base rent. 4

5 PONDEROSA Pinetop Retail PLAZA Plaza Highway 260 & Woodland Lake Rd. in Pinetop AZ (The White Mountains) IMMEDIATE TRADE AREA The Pinetop Retail Plaza is located on the busy Highway 260 / White Mountain Blvd. the main access road in The White Mountain. This location is strategically located next to WME Movie Theater and across the street from Blue Ridge School. Pinetop-Lakeside, AZ The subject property is located in Pinetop-Lakeside, AZ; northern Arizona s premier vacation and recreation corridor. Pinetop-Lakeside is one of many towns in this area known as The White Mountains of Arizona or The Corridor. Visit for more information. Population HHs Labor Mkt. Winslow 10,194 9,618 3,972 Holbrook 5,611 5,152 2,512 Snowflake 5,565 5,672 2,093 Taylor 4,453 3,842 1,492 Show Low 12,315 9,385 3,778 Pinetop-Lakeside 4,765 4,181 1,987 Heber-Overgaard 3,608 3,608 1,142 NAVAJO Total 46,511 41,458 16,976 The White Mountains are a 3.5 hour drive from Phoenix or Tucson with daily flights available from Phoenix Sky Harbor to the Show Low Regional airport. With the average elevation of around 7,000 the summer temperatures are typically degrees cooler than that of the Phoenix metro area. St. Johns 4,006 1,179 1,259 Eagar 4,810 1,630 1,980 Springerville 2,194 1, Concho 2, Vernon Alpine Nutrioso 217 1,342 Greer 1, APACHE Total 14,706 6,732 CORRIDOR TOTAL 61,217 48,190 21,154 Data Source: 2008 Arizona Dept. of Commerce Profiles and County Asset Inventories. 5

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