City, State
FOR SALE / INVESTMENT OPPORTUNITY
3951 E. Columbia Street Tucson, Arizona
picor.com Cushman & Wakefield Copyright 2015. No warranty or representation, express or implied, is made to the accuracy or completeness of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and to any special listing conditions imposed by the property owner(s). As applicable, we make no representation as to the condition of the property (or properties) in question.
Independently Owned and Operated / A Member of the Cushman & Wakefield Alliance
Property Highlights
Single Tenant Triple Net Investment located in Tucson, Arizona.
Tenant: Sun Mechanical
Lease Expires: June 30, 2023
• Triple Net Lease – Tenant responsible for all maintenance, utilities, insurance and real estate taxes.
• Price: $3,900,000
• Cap Rate: 6.6%.
• Buildings Constructed in 1997 (Main), 1994 (Ship Office) & 2016 (Warehouse)
Robert Glaser, CCIM, SIOR Principal, Industrial Properties +1 520 546 2707 [email protected]
PICOR Commercial Real Estate Services
1100 N. Wilmot Road, Suite 200
Tucson, Arizona 85712
phone: +1 520 748 7100
SINGLE TENANT INVESTMENT
32,391 SF – Triple Net Leased Investment
Sale Price: $3,900,000
City, State
FOR SALE / INVESTMENT OPPORTUNITY
3951 E. Columbia Street Tucson, Arizona
For more information, contact:
picor.com
Cushman & Wakefield Copyright 2015. No warranty or representation, express or implied, is made to the accuracy or completeness of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and to any special listing conditions imposed by the property owner(s). As applicable, we make no representation as to the condition of the property (or properties) in question.
Independently Owned and Operated / A Member of the Cushman & Wakefield Alliance
Rent Roll
FINANCIAL INFORMATION
Robert Glaser, CCIM, SIOR
Principal, Industrial Properties
+1 520 546 2707
PICOR Commercial Real Estate Services
1100 N. Wilmot Road, Suite 200
Tucson, Arizona 85712
phone: +1 520 748 7100
Established in 1977, Sun Mechanical Contracting, Inc. is an Arizona-based full service mechanical contracting and construction firm with offices/plant facilities in Tucson and Phoenix. With a reputation of excellence for four decades, they design, engineer, fabricate and install projects using a collective experience and level of expertise that few mechanical contractors have.
Sun employs over 250 skilled tradesmen in the field and has strong financial stability.
Visit http://sunmechanical.net/ for additional information on the Company.
Tenant Structure Lease Term Rent Sun Mechanical
3951 E Columbia Main Facility
6 Years
(Expires 6/30/2023)
$17,000/Monthly
Level Rent
4058, 4101 & 4151
Contractors Way
Warehouse, Parts
Building & Storage Yard
$4,371/Monthly with
3% Annual Increases
Annual NOI $256,452
Tenant Overview
City, State
FOR SALE / INVESTMENT OPPORTUNITY
3951 E. Columbia Street Tucson, Arizona
Cushman & Wakefield Copyright 2015. No warranty or representation, express or implied, is made to the accuracy or completeness of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and to any special listing conditions imposed by the property owner(s). As applicable, we make no representation as to the condition of the property (or properties) in question.
Independently Owned and Operated / A Member of the Cushman & Wakefield Alliance
PROPERTY DESCRIPTION
Size: 26,091 SF
Construction: Tilt up Concrete
Roof: Built Up Asphalt with Elastomeric Coating. Last coated 2.5 years ago.
Fire Protection: Sprinklered
Heating and Cooling: 30 Tons (Approximately) – Largest Unit
is new.
Power: 2,000 Amps, 480 Volt, 3 Phase
Data and Technology: T1 Digital Transmission Lines
Year Built: Buildings Constructed in 1997 (Main)
Loading: Six (6) Grade Level Doors
Amenities:
Beautifully Landscaped Entrances,
Paved Drives, Kitchenette, Conference
Rooms, Metal Awnings, Outside Break
Patio & Fenced Yard
Clear Heights: 20’ Clear to Bottom of Trusses
Site Features:
Site Size: 4.26 Acres
Parking: 77 Spaces (36 Covered) plus additional site parking
Zoning: CI-2 (Pima County)
Main Building Specifications:
City, State
FOR SALE / INVESTMENT OPPORTUNITY
3951 E. Columbia Street Tucson, Arizona
Cushman & Wakefield Copyright 2015. No warranty or representation, express or implied, is made to the accuracy or completeness of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and to any special listing conditions imposed by the property owner(s). As applicable, we make no representation as to the condition of the property (or properties) in question.
Independently Owned and Operated / A Member of the Cushman & Wakefield Alliance
PROPERTY DESCRIPTION
Small Warehouse Specifications:
Shop Building Specifications:
Size: 1500 SF
Power: 200 Amps
Loading: One (1) Grade Level
Year Built: 1994
Size: 4,800 SF
Power: None
Loading: One (1) Grade Level
Year Built: 2016
City, State
FOR SALE / INVESTMENT OPPORTUNITY
3951 E. Columbia Street Tucson, Arizona
Cushman & Wakefield Copyright 2015. No warranty or representation, express or implied, is made to the accuracy or completeness of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and to any special listing conditions imposed by the property owner(s). As applicable, we make no representation as to the condition of the property (or properties) in question.
Independently Owned and Operated / A Member of the Cushman & Wakefield Alliance
EXECUTIVE OFFICE PHOTOS
City, State
FOR SALE / INVESTMENT OPPORTUNITY
3951 E. Columbia Street Tucson, Arizona
Cushman & Wakefield Copyright 2015. No warranty or representation, express or implied, is made to the accuracy or completeness of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and to any special listing conditions imposed by the property owner(s). As applicable, we make no representation as to the condition of the property (or properties) in question.
Independently Owned and Operated / A Member of the Cushman & Wakefield Alliance
OPERATION PHOTOS
City, State
FOR SALE / INVESTMENT OPPORTUNITY
3951 E. Columbia Street Tucson, Arizona
Cushman & Wakefield Copyright 2015. No warranty or representation, express or implied, is made to the accuracy or completeness of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and to any special listing conditions imposed by the property owner(s). As applicable, we make no representation as to the condition of the property (or properties) in question.
Independently Owned and Operated / A Member of the Cushman & Wakefield Alliance
EXTERIOR PHOTOS
City, State
FOR SALE / INVESTMENT OPPORTUNITY
3951 E. Columbia Street Tucson, Arizona
Cushman & Wakefield Copyright 2015. No warranty or representation, express or implied, is made to the accuracy or completeness of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and to any special listing conditions imposed by the property owner(s). As applicable, we make no representation as to the condition of the property (or properties) in question.
Independently Owned and Operated / A Member of the Cushman & Wakefield Alliance
AERIAL PHOTOS AJO WAY
CO
NT
RA
CT
OR
S W
AY
COLUMBIA STREET
City, State
FOR SALE / INVESTMENT OPPORTUNITY
3951 E. Columbia Street Tucson, Arizona
Cushman & Wakefield Copyright 2015. No warranty or representation, express or implied, is made to the accuracy or completeness of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and to any special listing conditions imposed by the property owner(s). As applicable, we make no representation as to the condition of the property (or properties) in question.
Independently Owned and Operated / A Member of the Cushman & Wakefield Alliance
FLOOR PLANS
City, State
FOR SALE / INVESTMENT OPPORTUNITY
3951 E. Columbia Street Tucson, Arizona
Cushman & Wakefield Copyright 2015. No warranty or representation, express or implied, is made to the accuracy or completeness of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and to any special listing conditions imposed by the property owner(s). As applicable, we make no representation as to the condition of the property (or properties) in question.
Independently Owned and Operated / A Member of the Cushman & Wakefield Alliance
SITE PLAN
City, State
FOR SALE / INVESTMENT OPPORTUNITY
3951 E. Columbia Street Tucson, Arizona
Cushman & Wakefield Copyright 2015. No warranty or representation, express or implied, is made to the accuracy or completeness of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and to any special listing conditions imposed by the property owner(s). As applicable, we make no representation as to the condition of the property (or properties) in question.
Independently Owned and Operated / A Member of the Cushman & Wakefield Alliance
LOCATION MAP
City, State
FOR SALE / INVESTMENT OPPORTUNITY
3951 E. Columbia Street Tucson, Arizona
Cushman & Wakefield Copyright 2015. No warranty or representation, express or implied, is made to the accuracy or completeness of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and to any special listing conditions imposed by the property owner(s). As applicable, we make no representation as to the condition of the property (or properties) in question.
Independently Owned and Operated / A Member of the Cushman & Wakefield Alliance
Population and Demographics
Tucson is the second-largest city in Arizona with a population of
653,359. It is the largest city in Pima County, which totals 1.205 million
residents. Located 60 miles from the U.S.-Mexico border, Tucson is
expected to grow to
727,392 residents by 2020 (1.335 million in Pima County).
• Median age is 32.5 years (2014)
• Median household income is $45,600 (2015)
• Median household income projection is $51,600 (2020)
Economic Development
Innovation is a key word when it comes to Tucson economic
development. Forbes has called it one of America’s Most Innovative
Cities. Tucson has the highest concentration of startups of any U.S.
city its size and is ranked as a Top Five City for Entrepreneurs by
Entrepreneur Magazine. Metro Tucson is a hub for optics and science.
Biotech and other science clusters flourish in the UA Tech Park,
BioPark and Innovation Park. Tourism is a key economic driver as well.
Tucson is known for its world-class health spas, more than 20 golf
courses, and numerous natural attractions, museums, missions and
cultural history.
Greater Tucson was recently
named the third fastest-
growing metro by Bloomberg.
1 out of 3
3rd Largest The forecasted economic
impact of recent employment
announcements.
$3 Billion
States in the U.S.
experiencing year-over-
year construction job
growth.
TUCSON, ARIZONA OVERVIEW
MAJOR TUCSON EMPLOYERS
University of Arizona Cryacom
Raytheon IBM
Caterpillar, Inc. Sundt
Arizona Community Physicians B/E Aerospace
Agero CAID
Freeport-McMoran Copper & Gold Honeywell
Carondolet Port of Tucson
Intuit ManTech
Ascent Aviation Services Cox Communications
Tucson Medical Center General Dynamics
Asarco Group Mexico PSE Archery
Walbro MineSight
Modular Sargent Aerospace & Defense
Union Pacific SAIC
Texas Instruments Universal Avionics Systems
The Offshort Group Corporation
Redar Northrop Grumman