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OFFICE SUITES FOR SALE Prepared For: Caitlyn Fogerty Prepared By: Matt McDougall, Principal [email protected] 602.474.9561 JUNE 2017

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Page 1: OFFICE SUITES FOR SALE - pdf.leeazmail.compdf.leeazmail.com/pdfs/McDougall/OfficePurchaseStudy-Tour.pdf · OFFICE SUITES FOR SALE Prepared By: Prepared For: Matt McDougall Caitlyn

OFFICE SUITES FOR SALE

Prepared For:

Caitlyn Fogerty

Prepared By:

Matt McDougall, Principal

[email protected]

602.474.9561

JUNE 2017

Page 2: OFFICE SUITES FOR SALE - pdf.leeazmail.compdf.leeazmail.com/pdfs/McDougall/OfficePurchaseStudy-Tour.pdf · OFFICE SUITES FOR SALE Prepared By: Prepared For: Matt McDougall Caitlyn

LEE & ASSOCIATES ARIZONA

TABLE OF CONTENTS

1. Spreadsheet

2. Aerial

3. Brochures

Page 3: OFFICE SUITES FOR SALE - pdf.leeazmail.compdf.leeazmail.com/pdfs/McDougall/OfficePurchaseStudy-Tour.pdf · OFFICE SUITES FOR SALE Prepared By: Prepared For: Matt McDougall Caitlyn

SPREADSHEET

Page 4: OFFICE SUITES FOR SALE - pdf.leeazmail.compdf.leeazmail.com/pdfs/McDougall/OfficePurchaseStudy-Tour.pdf · OFFICE SUITES FOR SALE Prepared By: Prepared For: Matt McDougall Caitlyn

L:\KNB\McDougall\Office-PurchaseRequirement\PurchaseRequirementSpreadsheet.doc

OFFICE SUITES FOR SALE

Prepared By: Prepared For: Matt McDougall Caitlyn Fogerty LEE & ASSOCIATES ARIZONA JUNE 2017 3200 E. Camelback Rd., Ste. 100 Phoenix, Arizona 85018

REF NO.

PROPERTY ADDRESS SIZE PRICE PSF PARKING 2016 Taxes

(Monthly)

Association

Fees

(Monthly)

COMMENTS

1. 9304 E. Raintree Drive Scottsdale, AZ 85260

3,548 SF $833,780 ($235.00 PSF)

4.34:1,000 $5,847.48 ($487.29)

$7,838.40 ($653.20)

End cap unit.

Easy access to loop 101.

2. 10165 N. 92nd

Street Scottsdale, AZ 85258

3,024 SF $599,000 ($198.08 PSF)

4.79:1,000 $5,271.54 ($439.30)

$6,985.44 ($582.12)

31 on-site parking stalls.

Partial build out.

3. 9455 E. Ironwood Square Drive Scottsdale, AZ

5,735 SF $1,428,015 ($249.00 PSF)

4:1,000 $12,158 ($1,013.17)

$11,986.20 ($998.85)

Easy access to loop 101.

Covered parking.

Frontage on Ironwood Square Drive.

Page 5: OFFICE SUITES FOR SALE - pdf.leeazmail.compdf.leeazmail.com/pdfs/McDougall/OfficePurchaseStudy-Tour.pdf · OFFICE SUITES FOR SALE Prepared By: Prepared For: Matt McDougall Caitlyn

AERIAL

Page 6: OFFICE SUITES FOR SALE - pdf.leeazmail.compdf.leeazmail.com/pdfs/McDougall/OfficePurchaseStudy-Tour.pdf · OFFICE SUITES FOR SALE Prepared By: Prepared For: Matt McDougall Caitlyn

101

202

202

51

THUNDERBIRD RD.

SHEA BLVD.

INDIAN BEND RD.

CAMELBACK RD.

MCDOWELL RD.

1

2 3

FOR SALE

Page 7: OFFICE SUITES FOR SALE - pdf.leeazmail.compdf.leeazmail.com/pdfs/McDougall/OfficePurchaseStudy-Tour.pdf · OFFICE SUITES FOR SALE Prepared By: Prepared For: Matt McDougall Caitlyn

BROCHURES

Page 8: OFFICE SUITES FOR SALE - pdf.leeazmail.compdf.leeazmail.com/pdfs/McDougall/OfficePurchaseStudy-Tour.pdf · OFFICE SUITES FOR SALE Prepared By: Prepared For: Matt McDougall Caitlyn

FOR

SALEAsking Price: $851,520

($240 PSF)

The information contained herein has been obtained from various sources. We have no reason to doubt its accuracy; however, J & J Commercial Properties, Inc. has not verified such information and makes no guarantee, warranty or representation about such information. The prospective buyer or lessee should independently verify all dimensions, specifications, floor plans, and all information prior to the lease or purchase of the property. All offerings are subject to price change, prior sale, lease, or withdrawal from the market without prior notice. Effective: 04 07 17

Craig TrbovichD: 480.522.2799M: [email protected]

For More Information, Please Contact:

Raintree Office Park II9304 East Raintree Rd, #100 • Scottsdale, AZ 85260

Situated in the Scottsdale Airpark Submarket, the Raintree Office Park offers convenient access to Loop 101, Scottsdale Airport, restaurants, and retail centers.

End cap unit with windows on three sides. Nicely built out law firm office. Two executive offices, seven offices, file room/possible 7th office, conference room, kitchen, copy room, and separate men’s and women’s rest rooms.

Page 9: OFFICE SUITES FOR SALE - pdf.leeazmail.compdf.leeazmail.com/pdfs/McDougall/OfficePurchaseStudy-Tour.pdf · OFFICE SUITES FOR SALE Prepared By: Prepared For: Matt McDougall Caitlyn

3,548 SFBuilt in 2004Conference RoomReception AreaBreak Room2 Restrooms2 Executive Offices7 OfficesKitchenBroadbandSprinklered4 Covered Parking Spaces

Asking Price: $851,520 ($240.00 PSF)

FLO

OR

PLA

N

The information contained herein has been obtained from various sources. We have no reason to doubt its accuracy; however, J & J Commercial Properties, Inc. has not verified such information and makes no guarantee, warranty or representation about such information. The prospective buyer or lessee should independently verify all dimensions, specifications, floor plans, and all information prior to the lease or purchase of the property. All offerings are subject to price change, prior sale, lease, or withdrawal from the market without prior notice. Effective: 04 07 17

Craig TrbovichD: 480.522.2799M: [email protected]

For More Information, Please Contact:

Raintree Office Park II9304 East Raintree Rd, #100 • Scottsdale, AZ 85260

Page 10: OFFICE SUITES FOR SALE - pdf.leeazmail.compdf.leeazmail.com/pdfs/McDougall/OfficePurchaseStudy-Tour.pdf · OFFICE SUITES FOR SALE Prepared By: Prepared For: Matt McDougall Caitlyn

ARE

A M

APRaintree Office Park II

9304 East Raintree Rd, #100 • Scottsdale, AZ 85260

TPCWestWorld

Scottsdale Airport

The information contained herein has been obtained from various sources. We have no reason to doubt its accuracy; however, J & J Commercial Properties, Inc. has not verified such information and makes no guarantee, warranty or representation about such information. The prospective buyer or lessee should independently verify all dimensions, specifications, floor plans, and all information prior to the lease or purchase of the property. All offerings are subject to price change, prior sale, lease, or withdrawal from the market without prior notice. Effective: 04 07 17

Craig TrbovichD: 480.522.2799M: [email protected]

For More Information, Please Contact:

Page 11: OFFICE SUITES FOR SALE - pdf.leeazmail.compdf.leeazmail.com/pdfs/McDougall/OfficePurchaseStudy-Tour.pdf · OFFICE SUITES FOR SALE Prepared By: Prepared For: Matt McDougall Caitlyn

AER

IALRaintree Office Park II

9304 East Raintree Rd, #100 • Scottsdale, AZ 85260

Raintree Dr

92nd

St

Thom

pso

n Pe

ak P

kwy

#100

The information contained herein has been obtained from various sources. We have no reason to doubt its accuracy; however, J & J Commercial Properties, Inc. has not verified such information and makes no guarantee, warranty or representation about such information. The prospective buyer or lessee should independently verify all dimensions, specifications, floor plans, and all information prior to the lease or purchase of the property. All offerings are subject to price change, prior sale, lease, or withdrawal from the market without prior notice. Effective: 04 07 17

Craig TrbovichD: 480.522.2799M: [email protected]

For More Information, Please Contact:

Page 12: OFFICE SUITES FOR SALE - pdf.leeazmail.compdf.leeazmail.com/pdfs/McDougall/OfficePurchaseStudy-Tour.pdf · OFFICE SUITES FOR SALE Prepared By: Prepared For: Matt McDougall Caitlyn

FOR SALEIRONWOOD OFFICE SUITES10165 N. 92ND STREETScottsdale, AZ

MATTHEW [email protected]

AARON [email protected]

Page 13: OFFICE SUITES FOR SALE - pdf.leeazmail.compdf.leeazmail.com/pdfs/McDougall/OfficePurchaseStudy-Tour.pdf · OFFICE SUITES FOR SALE Prepared By: Prepared For: Matt McDougall Caitlyn

This information has been secured from sources believed to be reliable, but no representations or warranties are made, expressed or implied, as to the accuracy of the information. References to square footage are approximate. Buyer and tenant must verify the information and bears all risk for any inaccuracies. All quoted prices are subject to change without notice.

I 3EXECUTIVE SUMMARY

PROPERTY HIGHLIGHTS

SALE PRICE

$599,000

PROPERTY OVERVIEW

PRICE PER SF

$198.08/SF

SUITE SIZE

±3,024 SF

BUILDING SIZE

±6,537 SF

10165 N 92ND STREETSCOTTSDALE, AZ • Scottsdale Cure Corridor

• Parking: 4.79/1,000 SF / 31 on-site parking spaces

• 4 covered reserved parking spaces

• Partial build out

• Kitchen/break room

• Private restrooms

DEMOGRAPHICS1 MILE 3 MILES 5 MILES

CURRENT POP. 10,320 66,489 135,386

FUTURE POP. 11,268 71,460 145,569

HOUSEHOLD INCOME $88,813 $109,969 $115,318

CURRENT HH POP. 5,447 31,071 60,951

DAYTIME POP. 20,732 72,420 171,832

POP. GROWTH 9.19% 7.48% 7.52%

AARON NORWOODSenior [email protected]

MATTHEW [email protected]

Page 14: OFFICE SUITES FOR SALE - pdf.leeazmail.compdf.leeazmail.com/pdfs/McDougall/OfficePurchaseStudy-Tour.pdf · OFFICE SUITES FOR SALE Prepared By: Prepared For: Matt McDougall Caitlyn

This information has been secured from sources believed to be reliable, but no representations or warranties are made, expressed or implied, as to the accuracy of the information. References to square footage are approximate. Buyer and tenant must verify the information and bears all risk for any inaccuracies. All quoted prices are subject to change without notice.

I 3FLOOR PLAN

Page 15: OFFICE SUITES FOR SALE - pdf.leeazmail.compdf.leeazmail.com/pdfs/McDougall/OfficePurchaseStudy-Tour.pdf · OFFICE SUITES FOR SALE Prepared By: Prepared For: Matt McDougall Caitlyn

This information has been secured from sources believed to be reliable, but no representations or warranties are made, expressed or implied, as to the accuracy of the information. References to square footage are approximate. Buyer and tenant must verify the information and bears all risk for any inaccuracies. All quoted prices are subject to change without notice.

I 4AERIAL

E Shea BlvdE Shea Blvd

10165 N92nd ST

Paradise Valley OBGYN

Scottsdale Heart Group

TozerEye Center

EulanoFoot & Ankle

E 92nd STE 92nd ST

HonorHealthResearch InstitutePhoenix Children’s

Heart Center

HonorHealthScottsdale Shea Medical Center

Page 16: OFFICE SUITES FOR SALE - pdf.leeazmail.compdf.leeazmail.com/pdfs/McDougall/OfficePurchaseStudy-Tour.pdf · OFFICE SUITES FOR SALE Prepared By: Prepared For: Matt McDougall Caitlyn

FOR MORE INFORMATION CONTACT:

DISCLAIMERAlthough the information furnished regarding property for sale, lease, or fi nancing is from sources deemed reliable, no warranty or representation, express or implied, is made as to the accuracy of the information contained herein. It is submitted subject to errors, omissions, change of price, rental, or other conditions prior to sale, lease, or fi nancing, or withdrawal without notice. If you have received this e-mail in error, please immediately notify me by reply e-mail and destroy the original transmission and its attachments without reading or saving in any manner. If anything in this email references terms of a transaction, please note that nothing is binding until a contract is fully signed by all of the required parties. Thank you.

AARON NORWOODSenior [email protected]

MATTHEW [email protected]

Page 17: OFFICE SUITES FOR SALE - pdf.leeazmail.compdf.leeazmail.com/pdfs/McDougall/OfficePurchaseStudy-Tour.pdf · OFFICE SUITES FOR SALE Prepared By: Prepared For: Matt McDougall Caitlyn

FOR SALE OR LEASE

Freestanding Office Building9455 E. IRONWOOD SQUARE DRIVESCOTTSDALE, ARIZONA

Page 18: OFFICE SUITES FOR SALE - pdf.leeazmail.compdf.leeazmail.com/pdfs/McDougall/OfficePurchaseStudy-Tour.pdf · OFFICE SUITES FOR SALE Prepared By: Prepared For: Matt McDougall Caitlyn

PROPERTY OVERVIEW

Property Address

Total Building Size

Asking Price

Price/SF

Lease Rate

Parking

Parcel Number

Year Built

Property Taxes (2016)

9455 E. Ironwood Square DriveScottsdale, AZ 85258

±5,735 SF

$1,428,015

$249.00/SF

$21.00/PSF MG

8 covered reserved spaces

217-53-912

2004

$12,158 ($2.12/PSF)

Property Highlights

Attractive Freestanding building with tremendous accessibility.

Easy access to Loop 101 Freeway.

Exceptional pull-up parking.

Frontage on Ironwood Square Drive and prominent building signage opportunity.

Ample amount of Natural Light - Four Sides of Glass!!

High end furniture which owner may be willing to sell.

FOR MORE INFORMATION CONTACT:

GEOFFREY [email protected]

ZAK [email protected]

Page 19: OFFICE SUITES FOR SALE - pdf.leeazmail.compdf.leeazmail.com/pdfs/McDougall/OfficePurchaseStudy-Tour.pdf · OFFICE SUITES FOR SALE Prepared By: Prepared For: Matt McDougall Caitlyn

PROPERTY TOUR

Click below to experience a 3D fully immersive virtual tour of the property

Page 20: OFFICE SUITES FOR SALE - pdf.leeazmail.compdf.leeazmail.com/pdfs/McDougall/OfficePurchaseStudy-Tour.pdf · OFFICE SUITES FOR SALE Prepared By: Prepared For: Matt McDougall Caitlyn

INTERIOR PHOTOS

This information has been secured from sources believed to be reliable, but no representations or warranties are made, expressed or implied, as to the accuracy of the information. References to square footage are approximate. Buyer and tenant must verify the information and bears all risk for any inaccuracies. All quoted prices are subject to change without notice.

Page 21: OFFICE SUITES FOR SALE - pdf.leeazmail.compdf.leeazmail.com/pdfs/McDougall/OfficePurchaseStudy-Tour.pdf · OFFICE SUITES FOR SALE Prepared By: Prepared For: Matt McDougall Caitlyn

INTERIOR PHOTOS

This information has been secured from sources believed to be reliable, but no representations or warranties are made, expressed or implied, as to the accuracy of the information. References to square footage are approximate. Buyer and tenant must verify the information and bears all risk for any inaccuracies. All quoted prices are subject to change without notice.

Page 22: OFFICE SUITES FOR SALE - pdf.leeazmail.compdf.leeazmail.com/pdfs/McDougall/OfficePurchaseStudy-Tour.pdf · OFFICE SUITES FOR SALE Prepared By: Prepared For: Matt McDougall Caitlyn

LOCATION MAP

This information has been secured from sources believed to be reliable, but no representations or warranties are made, expressed or implied, as to the accuracy of the information. References to square footage are approximate. Buyer and tenant must verify the information and bears all risk for any inaccuracies. All quoted prices are subject to change without notice.

FRY’S SHOPPING

CENTER

FRY’S SHOPPING

CENTER

SPROUT’S SHOPPING

CENTER

SCOTTSDALEHEALTHCARE

SHEA

SHEA BOULEVARD

MOUNTAIN VIEW ROAD

VIA LINDA

VIA LINDA

90TH

STR

EET

9455 E. IRONWOOD SQUARE DRIVE

Page 23: OFFICE SUITES FOR SALE - pdf.leeazmail.compdf.leeazmail.com/pdfs/McDougall/OfficePurchaseStudy-Tour.pdf · OFFICE SUITES FOR SALE Prepared By: Prepared For: Matt McDougall Caitlyn

OPERATING EXPENSES

2016 Estimated Property Expenses

Property Square Footage 5,735.00

ANNUAL MONTHLY PER SF

APS - Electric $13,800.00 $1,150.00 $2.41

Property Taxes (2016) $12,158.00 $1,013.17 $2.12

Association Dues $12,000.00 $1,000.00 $2.09

Property Insurance $6,000.00 $500.00 $1.05

Janitorial $6,000.00 $500.00 $1.05

Total $49,958.00 $4,163.17 $8.71

Although the information furnished regarding property for sale, lease, or financing is from sources deemed reliable, no warranty or representation, express or implied, is made as to the accuracy of the information contained herein.  It is submitted subject to errors, omissions, change of price, rental, or other conditions prior to sale, lease, or financing, or withdrawal without notice. If you have received this e-mail in error, please immediately notify me by reply e-mail and destroy the original transmission and its attachments without reading or saving in any manner. If anything in this email references terms of a transaction, please note that nothing is binding until a con-

tract is fully signed by all of the required parties. Thank you.