5.2 acres - tolleson az (sales package)
TRANSCRIPT
N 91st Avenue & I-10, Tolleson, Arizona 85353
Exclusively listed by Sun Commercial Real Estate, Inc.:
Scottsdale, Arizona — 480 | 922 | 2433 Ph
Michael Brazill Paul Miachika Cathy Jones, CPA, CCIM 702-968-7306 602-814-0661 702-968-7320 [email protected] [email protected] [email protected]
To View Our Current Listings, Please Visit Our Website At: www.suncommercialre.com
8655 E. Via De Ventura, Ste#G-200 Scottsdale, AZ 85258 480 | 922 | 2433 Ph 480 | 922 | 2434 Fax
±5.2 Acres Tolleson I-10 Commercial Land ±5.2 Acre Parcel • C-2 Zoned • $895,000 ($3.95 PSF)
Potential Self Storage or Multi-Family Development
CCCONFIDENTIALITYONFIDENTIALITYONFIDENTIALITY & D& D& DISCLOSUREISCLOSUREISCLOSURE SSSUNUNUN CCCOMMERCIALOMMERCIALOMMERCIAL RRREALEALEAL EEESTATESTATESTATE, I, I, INCNCNC...
SSSUNUNUN CCCOMMERCIALOMMERCIALOMMERCIAL RRREALEALEAL EEESTATESTATESTATE, I, I, INCNCNC... (the “Broker”) has been retained on an exclusive basis to market the property described herein (the “Property”). Broker has been authorized by the Seller of the Property (the “Seller”) to prepare and distribute the enclosed information (the “Material”) for the purpose of soliciting offers to purchase from interested parties. More detailed financial, title and tenant lease information may be made available upon request following the mutual execution of a letter of intent or contract to purchase between the Seller and a prospective purchaser. You are invited to review this opportunity and make an offer to pur-chase based upon your analysis. If your offer results in the Seller choosing to open negotiations with you, you will be asked to provide financial references. The eventual purchaser will be chosen based upon an assess-ment of price, terms, ability to close the transaction and such other matters as the Seller deems appropriate. The Material is intended solely for the purpose of soliciting expressions of interest from qualified investors for the acquisition of the Property. The Material is not to be copied and/or used for any other purpose or made available to any other person without the express written consent of Broker or Seller. The Material does not purport to be all-inclusive or to contain all of the information that a prospective buyer may require. The infor-mation contained in the Material has been obtained from the Seller and other sources and has not been veri-fied by the Seller or its affiliates. The pro forma is delivered only as an accommodation and neither the Seller, Broker , nor any of their respective affiliates, agents, representatives, employees, parents, subsidiaries, mem-bers, managers, partners, shareholders, directors, or officers, makes any representation or warranty regard-ing such pro forma. Purchaser must make its own investigation of the Property and any existing or available financing, and must independently confirm the accuracy of the projections contained in the pro forma. Seller reserves the right, for any reason, to withdraw the Property from the market. Seller has no obligation, express or implied, to accept any offer. Further, Seller has no obligation to sell the Property unless and until the Seller executes and delivers a signed agreement of purchase and sale on terms acceptable to the Seller, in its sole discretion. By submitting an offer, a purchaser will be deemed to have acknowledged the foregoing and agreed to release Seller and Broker from any liability with respect thereto. Property walk-throughs are to be conducted by appointment only. Contact Broker for additional information. Cathy Jones President [email protected]
Table of Contents
Southwest Arizona Location Maps Assessor Parcel & Aerial Maps
Section 2 Property Location
Area Demographics
Section 3 Market Review
The information contained herein was obtained from sources believed reliable, however, Sun Commercial Real Estate, Inc., makes no guarantees, warranties or representations as to the completeness and accuracy thereof. The presentation of this
property is subject to error, omissions, change of price or conditions prior to sale, or withdrawal without notice.
Section 1 Property Overview Property Summary Property Photos City of Tolleson Economic Development Aerial Map - Surrounding Retailers
PPPROPERTYROPERTYROPERTY SSSUMMARYUMMARYUMMARY TTTOLLESONOLLESONOLLESON III---10 C10 C10 COMMERCIALOMMERCIALOMMERCIAL LLLANDANDAND
Property Location:
The Property is located along the eastbound exit ramp for I-10 to N 91st Ave. providing excellent exposure to the exit ramp and all lanes of Inter-state 10. The Full Diamond exchange is just east of the property and easy access to I-10 and Loop 101 is available. The site is 3,500 feet north of the City of Tolleson’s $8.5M Downtown Economic Development Project that was completed in November 2014. North 91st Avenue is the main gateway to the downtown Tolleson area. Tolleson Meadows, a new 173 homesite single family development, two apartment communities totaling 492 units, and a new community park and playground are within 1 mile of the property.
Property Description: The Property is a flat parcel, general commercial zoned (C-2) parcel with a gross area of approximately 5.2 acres. Offering frontage along the Eastbound I-10 Exit Ramp to N 91st Ave., this site provides tremendous street visibility to traffic entering the City of Tolleson.
Utility Information: Utilities are to the curb or within the inside of the curb.
Assessor Parcel Number: 102-53-001G
Site Size - Acres: +/- 5.2 Gross Acres
Site Size - SF: +/- 226,512 Gross SF +/- 217,800 Net SF
Zoning: C-2 (General Commercial) - City of Tolleson, AZ (Pre-approved)
Traffic Count: On N 91st Avenue, N. of I-10 Freeway - 25,000 cars per day On I-10 Freeway - 195,000 cars per day On Loop 101 and I-10/McDowell Road—129,000 cars per day
List Price: $895,000 /$3.95 per Gross SF
The above information has been obtained from sources we believe to be reliable, however we do not take responsibility for its correctness
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PPPROPERTYROPERTYROPERTY PPPHOTOSHOTOSHOTOS TTTOLLESONOLLESONOLLESON III---10 C10 C10 COMMERCIALOMMERCIALOMMERCIAL LLLANDANDAND
CCCITYITYITY OFOFOF TTTOLLESONOLLESONOLLESON --- EEECONOMICCONOMICCONOMIC DDDEVELOPMENTEVELOPMENTEVELOPMENT TTTOLLESONOLLESONOLLESON III---10 C10 C10 COMMERCIALOMMERCIALOMMERCIAL LLLANDANDAND
The above information has been obtained from sources we believe to be reliable, however we do not take responsibility for its correctness
Downtown Tolleson recently received a makeover and the City is now revitalized. The project, titled the “Paseo de Luces”, or “Path of Lights”, included improvements to Van Buren Street, from 91st to 96th Avenue, developing a vibrant destination environment with a true sense of place for the com-munity. Some of the improvements include bike lanes, wide tree-shaded sidewalks, signage, landscaping, lighting, street furnishings, and artwork in collaboration with West Valley Arts Council’s Gallery 37 Program. The goal is to develop Tolleson’s Downtown into an active, vibrant place to live, work, play, and shop and eat. The Paseo de Luces improvements will provide an opportunity for Tolleson to become recognized as a cultural destination.
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VAN BUREN AVE
VAN BUREN AVE
AAAERIALERIALERIAL MMMAPAPAP --- SSSURROUNDINGURROUNDINGURROUNDING RRRETAILERSETAILERSETAILERS TTTOLLESONOLLESONOLLESON III---10 C10 C10 COMMERCIALOMMERCIALOMMERCIAL LLLANDANDAND
SITE
TOLLESON ENTERTAINMENT DISTRICT
SSSOUTHWESTOUTHWESTOUTHWEST AAARIZONARIZONARIZONA LLLOCATIONOCATIONOCATION MMMAPSAPSAPS TTTOLLESONOLLESONOLLESON III---10 C10 C10 COMMERCIALOMMERCIALOMMERCIAL LLLANDANDAND
AAASSESSORSSESSORSSESSOR PPPARCELARCELARCEL & A& A& AERIALERIALERIAL MMMAPSAPSAPS TTTOLLESONOLLESONOLLESON III---10 C10 C10 COMMERCIALOMMERCIALOMMERCIAL LLLANDANDAND
91S
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AAAREAREAREA DDDEMOGRAPHICSEMOGRAPHICSEMOGRAPHICS (1 M(1 M(1 MILEILEILE RRRADIUSADIUSADIUS) ) ) TTTOLLESONOLLESONOLLESON III---10 C10 C10 COMMERCIALOMMERCIALOMMERCIAL LLLANDANDAND
The above information has been obtained from sources we believe to be reliable, however we do not take responsibility for its correctness
AAAREAREAREA DDDEMOGRAPHICSEMOGRAPHICSEMOGRAPHICS (3 M(3 M(3 MILEILEILE RRRADIUSADIUSADIUS) ) ) TTTOLLESONOLLESONOLLESON III---10 C10 C10 COMMERCIALOMMERCIALOMMERCIAL LLLANDANDAND
The above information has been obtained from sources we believe to be reliable, however we do not take responsibility for its correctness
AAAREAREAREA DDDEMOGRAPHICSEMOGRAPHICSEMOGRAPHICS (5 M(5 M(5 MILEILEILE RRRADIUSADIUSADIUS) ) ) TTTOLLESONOLLESONOLLESON III---10 C10 C10 COMMERCIALOMMERCIALOMMERCIAL LLLANDANDAND
The above information has been obtained from sources we believe to be reliable, however we do not take responsibility for its correctness