for sale industrial|automotive campus...for sale industrial|automotive campus +/-32,000s.f. ian...

FOR SALE INDUSTRIAL|AUTOMOTIVE CAMPUS + / - 3 2 , 0 0 0 S . F .

IAN TURNER, CCIM, MREDASSOCIATE [email protected]

SperryCGA - InsigniaCRE, LLC / / 2198 E. CAMELBACK ROAD , SUITE 270, PHOENIX, AZ 85016 // SPERRYCGA.COM


EXECUTIVE SUMMARY // 2


PROPERTY OVERVIEW

OWNER-USER OR INVESTOR OPPORTUNITYThis well-located Industrial Automotive Campus is for sale and is suited for either an Owner-User orInvestment opportunity. The current tenancy is being utilized by a retail tire shop on the hard corner, acollision shop in the office and shop space, and the current owner occupies warehouse bays and a largeyard for his Auction business.From an Owner-User perspective the new owner can occupy about 53% of the property, thereby makingit SBA financeable with the balance of the property providing income. Alternatively, the existingownership is willing to sign a 5 year lease term on a Sale and Leaseback Investment basis.The building is divided into 3 suites with the following uses:• Suite A (+/- 2,179 S.F.) is an Automotive Tire Shop and sits on the hard corner.• Suite B (+/- 19,804 S.F.) is being leased to an Automotive Collision Center and has a +/- 13,809 S.F. shopfloor and +/- 5,911 S.F. of Office and Service uses and has 2 fenced yards contiguous.• Suite C (+/- 10,134 S.F.) and is being utilized by the Owner-User who is a commercial auctioneer and hasa large fenced yard contiguous.Note: Suite B, with 60 days notice must vacate +/- 6,904 s.f. of warehouse space that would give anOwner-User greater than the 51% necessary for SBA Finance.

PROPERTY HIGHLIGHTS

• HEAVY COMMERCIAL ZONING (C-3 & C-2 PHOENIX)

• ARTERIAL FRONTAGE ON 27TH AVENUE

• MONUMENT SIGNAGE & FENCED YARDS

• OWNER/USER OR INVESTOR OPPORTUNITY

• MULTI-TENANT INCOME STREAM ALLOWS FOR EXPANSION

• EXISTING OWNERSHIP WILLING TO EXECUTE A SALE LEASEBACK

• CLOSE PROXIMITY TO I-17 DIAMOND INTERCHANGES

PROPERTY SUMMARY

Sale Price: $2,990,000

Lot Size: 2.73 Acres

Building Size: 32,117 SF

Grade Level Doors: 20

Ceiling Height: 13-16.0 FT

Zoning: C-2 Hard Corner, C-3 Balance

Market: Phoenix

Sub Market: North Phoenix / I-17 Corridor

Cross Streets: 27th Ave.and Maryland Ave.

EXECUTIVE SUMMARY

WWW.MARYLANDAND27TH.COM

LOCATION OVERVIEW

• This Multi-Tenant Industrial Automotive Campus is centrally located,

has excellent access to a deep employee pool. The site is in close

proximity to the ever expanding Grand Canyon University to the south.

The property sits on the North-West Corner of North 27th Avenue and

West Maryland Avenue and has frontage on 27th Avenue. The property

has excellent linkages and access to the Black Canyon Freeway (US I-17)

and sits midway between two diamond interchanges less than ¾ of a

mile away.

LOCATION MAP & DEMOGRAPHICS

WWW.MARYLANDAND27TH.COMPOPULATION 1 MILE 2 MILES 3 MILES

TOTAL POPULATION 26,080 96,899 199,838

MEDIAN AGE 30.2 30.5 30.9

MEDIAN AGE (MALE) 28.3 29.6 30.1

MEDIAN AGE (FEMALE) 32.4 31.6 31.8

HOUSEHOLDS & INCOME 1 MILE 2 MILES 3 MILES

TOTAL HOUSEHOLDS 8,362 33,410 69,452

# OF PERSONS PER HH 3.1 2.9 2.9

AVERAGE HH INCOME $42,528 $45,063 $49,943

AVERAGE HOUSE VALUE $190,253 $207,574 $254,850


LOCATION MAPS // 3


SITE



SITE PLAN // 4


SUITE PLAN & SIZES



FLOOR PLANS // 5


RETAILER MAP


RETAILER MAP // 6


ADDITIONAL PHOTOS



ADDITIONAL PHOTOS // 7


IAN P. TURNER

WWW.IANPTURNER.COM


AGENT BIO 1 // 8


2198 E. Camelback RoadPhoenix, AZ 85016

Associate BrokerIAN TURNER, CCIM, MRED

Professional BackgroundIan Turner, CCIM, MRED, specializes in the sale and leasing of Industrial & Office properties at Sperry Commercial. Hisapproach is that of a Trusted Advisor that guides him throughout his Real Estate practice. It begins with a simplequestion, “How can I add value to the client?” Once this goal is established, Ian is able to utilize his combinedexperience of over 20 years in the construction, development, brokerage and valuation of real estate to produceresults. Ian does this through applying his tenacity, attention to detail, and his ability to communicate effectively.Ian is a passionate lifelong learner. He combined his love of learning and love of real estate when he received hisMasters in Real Estate Development (MRED) from Arizona State University in 2008. He completed his B.S. in Businessand Project Management at the University of Phoenix prior to that in 2007. Mr. Turner received his Arizona realestate broker’s license in 2008 and is nearing completion of his C.C.I.M. designation. He has held an Arizona GeneralContractors license and is a graduate of the Union Carpenter’s Apprenticeship program in New York City.As a consultant and principal, Ian has been involved in acquisitions, due diligence, financial feasibility, site selection,valuation and construction management.*Specializing in Industrial and Office*Tenant Representation/Owner User Acquisitions*Sales of Investment Properties/Sale Leasebacks*Assistance in loan procurement funding for purchase, refinance, or construction

Memberships & Affiliations*Lambda Alpha International (LAI)*Risk Management Association (RMA)*LAI Pathfinders*Federation High Tech Committee*CCIM Designee

T 602.566.7206

C 602.324.9111

[email protected] #BR547155000

for sale industrial|automotive campus...for sale industrial|automotive campus +/-32,000s.f. ian...

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