exclusive investment offering · e r s a 97777 .. arrohea rofessional enter hase nort t n lnl ron...

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3200 East Camelback Road, Suite 100 | Phoenix, Arizona 85018 | 602-956-7777 | www.leearizona.com ARROWHEAD PROFESSIONAL CENTER PHASE 1 18001 NORTH 79TH AVENUE | GLENDALE, ARIZONA Exclusive Investment Offering THE OFFERING Constructed in 1999, Arrowhead Professional Center is a two- building, single-story, multi-tenant office complex consisting of approximately 26,157 rentable square feet. The property is situated on approximately 2.75 acres of land zoned PAD, City of Glendale. Parking is provided for a total of 105 vehicles (Ratio: 4.0/1,000). INVESTMENT HIGHLIGHTS Outstanding Arrowhead Location Walking distance to Arrowhead Towne Center, a 1.2 million SF regional mall Approximately one (1) mile from the Loop 101 and Bell Road intersection Amenity rich Arrowhead location – one of the most prestigious trade areas in the Southwest Attractive price per foot and upside on 88.5% occupancy All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made to the accuracy thereof and same is submitted to errors, omissions, change of price, rental or other conditions prior to sale, lease or financing or withdrawal without notice. No liability of any kind is to be imposed on the broker herein. South Mountain Fwy. Luke AFB Scottsdale Phoenix Sky Harbor International Airport Airpark Deer Valley Airport Pima Fwy. Price Fwy. Sun Valley Pkwy. Grand Ave. Papago Fwy. Maricopa Fwy. Superstition Fwy. Santan Fwy. Black Canyon Fwy. Red Mountain Fwy. Pima . y w F Agua Fria Fwy. 85 MCKELLIPS RD. ASELINE RD. DEAN RD. DOBSON RD. SCOTTSDALE RD. PIMA RD. TATUM BLVD. CAVE CREEK RD. LINCOLN DR. GLENDALE AVE. PEORIA AVE. CACTUS RD. SHEA BLVD. CAMELBACK RD. INDIAN SCHOOL RD. MCDONALD DR. CENTRAL AVE. 44TH ST. COUNTRY CLUB ARIZONA AVENUE MESA DR. BASELINE RD. BELL RD. GREENWAY RD. PINNACLE PEAK RD. CAREFREE HWY. DYNAMITE BLVD. 7TH ST. HAPPY VALLEY RD. LAKE PLEASANT PKWY. 83RD AVE. THUNDERBIRD RD. 59TH AVE. BUCKEYE RD. YUMA RD. BROADWAY RD. LITCHFIELD RD. 99TH AVE. JACKRABBIT TR. MILL AVE. ELLIOT RD. WARNER RD. CHANDLER RD. RAY RD. CHANDLER B 24TH ST. 32ND ST. 48TH ST. S a lt R iv er 43RD AVE. PHOENIX CAREFREE PARADISE VALLEY CAVE CREEK ANTHEM DESERT HILLS MESA SCOTTSDALE CHANDLER SUN CITY GLENDALE LITCHFIELD PARK GOODYEAR SUN CITY WEST TEMPE PEORIA TOLLESON AHWATUKEE FOOTHILLS Exist Proposed or Under Goodyear Airport 10 10 101 101 143 60 60 202 51 Piestewa Fwy. 17 17 303 74 Steven Gonzalez [email protected] D 602.474.9588 Marcus Muirhead [email protected] D 602.474.9589 Greg Guglielmino [email protected] D 602.474.9590

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Page 1: Exclusive Investment Offering · E R S A 97777 .. ARROHEA ROFESSIONAL ENTER HASE NORT T N LNL RON xclusive nvestment Offering 101 VE. ST JOHNS RD. SUMMARY Price $4,130,000 Cap Rate

3200 East Camelback Road, Suite 100 | Phoenix, Arizona 85018 | 602-956-7777 | www.leearizona.com

ARROWHEAD PROFESSIONAL CENTER PHASE 118001 NORTH 79TH AVENUE | GLENDALE, ARIZONA

Exclusive Investment Offering

THE OFFERINGConstructed in 1999, Arrowhead Professional Center is a two-building, single-story, multi-tenant office complex consisting of approximately 26,157 rentable square feet. The property is situated on approximately 2.75 acres of land zoned PAD, City of Glendale. Parking is provided for a total of 105 vehicles (Ratio: 4.0/1,000).

INVESTMENT HIGHLIGHTS• Outstanding Arrowhead Location• Walking distance to Arrowhead Towne Center, a 1.2 million

SF regional mall• Approximately one (1) mile from the Loop 101 and Bell Road

intersection• Amenity rich Arrowhead location – one of the most

prestigious trade areas in the Southwest• Attractive price per foot and upside on 88.5% occupancy

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made to the accuracy thereof and same is submitted to errors, omissions, change of price, rental or other conditions prior to sale, lease or financing or withdrawal without notice. No liability of any kind is to be imposed on the broker herein.

South Mountain Fwy.

LukeAFB

Scottsdale

Phoenix Sky Harbor International Airport

Airpark

Deer ValleyAirport

Pim

a Fw

y.

Price

Fwy.

Sun Valley Pkwy.

Grand Ave.

Papago Fwy.

Maricopa Fwy.

Superstition Fwy.

Santan Fwy.

Bla

ck C

anyo

n Fw

y.

Red Mountain Fwy.

Pima .ywFAgua Fria Fwy.

85

MAIN ST. APACHE TRAIL

UNIVERSITY DR.

MCKELLIPS RD.

SOUTHERN AVE.

BASELINE RD.

DEA

N R

D.

WA

TSO

N R

D.

VAL

V IS

TA D

R.

DO

BSO

N R

D.

SCO

TTSD

ALE

RD

.

PIM

A R

D.

TATU

M B

LVD

.

CAVE

CR

EEK

RD.

LINCOLN DR.GLENDALE AVE.

PEORIA AVE.

CACTUS RD.

SHEA BLVD.

CAMELBACK RD.

INDIAN SCHOOL RD.

MCDONALD DR.

CEN

TRA

L A

VE.

44TH

ST.

CO

UN

TRY

CLU

BA

RIZ

ON

A A

VEN

UE

MES

A D

R.

BASELINE RD.

BELL RD.

GREENWAY RD.

PINNACLE PEAK RD.

CAREFREE HWY.

DYNAMITE BLVD.

7TH

ST.

HAPPY VALLEY RD.LAK

E P

LEA

SAN

T P

KW

Y.83

RD

AVE

.

THUNDERBIRD RD.

59TH

AVE

.

BUCKEYE RD.

YUMA RD.

BROADWAY RD.

LITC

HFI

ELD

RD

.

99TH

AVE

.

JAC

KR

AB

BIT

TR

.

MIL

L A

VE.

ELLIOT RD.

WARNER RD.

CHANDLER RD.

RAY RD.

CHANDLER BLVD.

24TH

ST.

32N

D S

T.

48TH

ST.

Salt River

43R

D A

VE.

PHOENIX

CAREFREE

PARADISEVALLEY

CAVECREEK

ANTHEM

DESERT HILLS

MESA

SCOTTSDALE

CHANDLER

GILBERT

SUNCITY

GLENDALE

LITCHFIELDPARK

GOODYEAR

SUNCITYWEST

FOUNTAINHILLS

TEMPE

PEORIA

TOLLESON

AHWATUKEEFOOTHILLS

APACHEJUNCTION

Existing Freeways

Proposed or Under Construction

NORT

HGoodyear

Airport

10

10

101

101

143

60

60

87

88202

51

Pies

tewa

Fwy.

17

17

303

74

Steven [email protected] 602.474.9588

Marcus [email protected] 602.474.9589

Greg [email protected] 602.474.9590

Page 2: Exclusive Investment Offering · E R S A 97777 .. ARROHEA ROFESSIONAL ENTER HASE NORT T N LNL RON xclusive nvestment Offering 101 VE. ST JOHNS RD. SUMMARY Price $4,130,000 Cap Rate

3200 East Camelback Road, Suite 100 | Phoenix, Arizona 85018 | 602-956-7777 | www.leearizona.com

ARROWHEAD PROFESSIONAL CENTER PHASE 118001 NORTH 79TH AVENUE | GLENDALE, ARIZONA

Exclusive Investment Offering

101

79TH

AVE

.

ST JOHNS RD.

SUMMARYPrice $4,130,000

Cap Rate 7.70%

Year of Construction 1999

Building Size ±26,157 Rentable Square Feet (Approximate)

Occupancy 88.50%

Lease Types Triple-Net (NNN) and One (1) Full Service

Number of Tenants Fifteen (15)

Parking 4:1000

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made to the accuracy thereof and same is submitted to errors, omissions, change of price, rental or other conditions prior to sale, lease or financing or withdrawal without notice. No liability of any kind is to be imposed on the broker herein.

Steven [email protected] 602.474.9588

Marcus [email protected] 602.474.9589

Greg [email protected] 602.474.9590