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5448 White Mountain Blvd - Aspen Ridge Surgical and Medical Complex 33,050 SF Health Care Building Offered at $9,808,000 at a 8% Cap Rate in Lakeside, AZ 85929
Investment Highlights
- Stable Investment – The ±33,050 SF property is backed by long-term NNN leases with over five (5) years WALT and 3% annual rent increases
- Recession-Resistant Property – Healthcare real estate remains insulated from economic downturns and e-commerce disruption
- Prime Location in Concentrated Corridor – Positioned on high-traffic W White Mountain Blvd (SR-260)
- Institutional-Grade Healthcare Anchor – 37% of RSF occupied by Sunrise Ambulatory Surgery Center, which is majority-owned by AMSURG
- Regional Healthcare Hub – Show Low serves as the medical hub for Arizona’s White Mountains, drawing patients from Lakeside & Show Low
- Tenant Investment in Location – Medical practices rarely relocate due to the difficulty of retaining the same patients in a new location
Executive Summary
Broker of Record
David Harrington
License # CO701910000 (AZ)
Matthews
4110 N Scottsdale Rd Suite 100, Scottsdale, AZ 85251
(866) 889-0550
David Harrington
License # CO701910000 (AZ)
Matthews
4110 N Scottsdale Rd Suite 100, Scottsdale, AZ 85251
(866) 889-0550
Property Facts
| Price | $9,808,000 | Lot Size | 1.87 AC |
| Price Per Bed | $9,808,000 | Building Size | 33,050 SF |
| Sale Type | Investment | No. Beds | 1 |
| Cap Rate | 8% | No. Stories | 2 |
| Property Type | Health Care | Year Built | 1999 |
| Zoning | C-R | ||
| Price | $9,808,000 |
| Price Per Bed | $9,808,000 |
| Sale Type | Investment |
| Cap Rate | 8% |
| Property Type | Health Care |
| Lot Size | 1.87 AC |
| Building Size | 33,050 SF |
| No. Beds | 1 |
| No. Stories | 2 |
| Year Built | 1999 |
| Zoning | C-R |
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Somewhat walkable
30/100
Exceptionally drivable
100/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 212-84-202 | Improvements Assessment | $238,925 |
| Land Assessment | $2,589 | Total Assessment | $241,514 |
Property Taxes
Parcel Number
212-84-202
Land Assessment
$2,589
Improvements Assessment
$238,925
Total Assessment
$241,514
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5448 White Mountain Blvd - Aspen Ridge Surgical and Medical Complex
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