N o r t h B a y C o m m e r c i a l R e a l E s t a t e • 1 0 0 S t o n y P o i n t R o a d S u i t e 2 5 0 • S a n t a R o s a , 9 5 4 0 1 • h t t p s : / / n b c r e . c o m

Dale Dockins, CCIM707.521.3500 x302dale@nbcre.com

OFFERING SUMMARY

Sale Price: $2,450,000

Cap Rate: 7.36%

NOI: $180,406

Lot Size: 1.1 Acres

Year Built: 2002

Building Size: 13,349

Zoning: Office

Market: Phoenix North

Submarket: Carefree

Price / SF: $183.53

Very unique property contains three separate buildings in top Carefreelocation. Anchor tenants National Bank of Arizona and First American Title.Newer roofs with warranty and covered parking. Rents have adjusted to themarket so there will be future upside in rents. There are 10 tenants.

Adjacent to Carefree Marketplace - Bashas' Market and ACE Hardware

PROPERTY OVERVIEW

EXECUTIVE SUMMARY CAREFREE BUSINESS CENTER

7202 E. CAREFREE DRIVE, CAREFREE, AZ 85331Office Building For Sale

N o r t h B a y C o m m e r c i a l R e a l E s t a t e • 1 0 0 S t o n y P o i n t R o a d S u i t e 2 5 0 • S a n t a R o s a , 9 5 4 0 1 • h t t p s : / / n b c r e . c o m

Dale Dockins, CCIM707.521.3500 x302dale@nbcre.com

ADDITIONAL PHOTOS CAREFREE BUSINESS CENTER

7202 E. CAREFREE DRIVE, CAREFREE, AZ 85331Office Building For Sale

N o r t h B a y C o m m e r c i a l R e a l E s t a t e • 1 0 0 S t o n y P o i n t R o a d S u i t e 2 5 0 • S a n t a R o s a , 9 5 4 0 1 • h t t p s : / / n b c r e . c o m

Dale Dockins, CCIM707.521.3500 x302dale@nbcre.com

SITE PLAN CAREFREE BUSINESS CENTER

7202 E. CAREFREE DRIVE, CAREFREE, AZ 85331Office Building For Sale

N o r t h B a y C o m m e r c i a l R e a l E s t a t e • 1 0 0 S t o n y P o i n t R o a d S u i t e 2 5 0 • S a n t a R o s a , 9 5 4 0 1 • h t t p s : / / n b c r e . c o m

Dale Dockins, CCIM707.521.3500 x302dale@nbcre.com

RETAILER MAP CAREFREE BUSINESS CENTER

7202 E. CAREFREE DRIVE, CAREFREE, AZ 85331Office Building For Sale

N o r t h B a y C o m m e r c i a l R e a l E s t a t e • 1 0 0 S t o n y P o i n t R o a d S u i t e 2 5 0 • S a n t a R o s a , 9 5 4 0 1 • h t t p s : / / n b c r e . c o m

Dale Dockins, CCIM707.521.3500 x302dale@nbcre.com

LOCATION MAPS CAREFREE BUSINESS CENTER

7202 E. CAREFREE DRIVE, CAREFREE, AZ 85331Office Building For Sale

N o r t h B a y C o m m e r c i a l R e a l E s t a t e • 1 0 0 S t o n y P o i n t R o a d S u i t e 2 5 0 • S a n t a R o s a , 9 5 4 0 1 • h t t p s : / / n b c r e . c o m

Dale Dockins, CCIM707.521.3500 x302dale@nbcre.com

POPULATION 1 MILE 5 MILES 10 MILESTotal population 1,097 24,248 83,252

Median age 58.8 52.6 45.9

Median age (Male) 59.7 52.9 46.1

Median age (Female) 58.6 52.8 45.8

HOUSEHOLDS & INCOME 1 MILE 5 MILES 10 MILESTotal households 527 10,374 33,216

# of persons per HH 2.1 2.3 2.5

Average HH income $154,268 $133,855 $131,885

Average house value $731,564 $689,221 $599,956

ETHNICITY (%) 1 MILE 5 MILES 10 MILESHispanic 0.8% 4.0% 5.1%

RACE (%)White 98.7% 96.6% 94.1%

Black 0.0% 0.5% 1.1%

Asian 0.6% 1.1% 2.7%

Hawaiian 0.0% 0.0% 0.0%

American Indian 0.0% 0.1% 0.1%

Other 0.5% 0.9% 1.0%

* Demographic data derived from 2010 US Census

DEMOGRAPHICS MAP CAREFREE BUSINESS CENTER

7202 E. CAREFREE DRIVE, CAREFREE, AZ 85331Office Building For Sale

This document has been prepared by North Bay Commercial Real Estate, Inc. (NBCRE) for advertising and general information only. NBCRE makes no guarantees, representations or warranties of any kind, expressed or implied, regarding the information including, but not limited to, warranties of content, accuracy and reliability. Any interested party should undertake their own inquiries as to the accuracy of the information. NBCRE excludes unequivocally all inferred or implied terms, conditions and warranties arising out of this document and excludes all liability for loss and damages arising there from. This publication is the copyrighted property of North Bay Commercial Real Estate, Inc. © 2018. All rights reserved.

DISCLAIMER 2018 CAREFREE BUSINESS CENTER

7202 E. CAREFREE DRIVE, CAREFREE, AZ 85331Office Building For Sale

N o r t h B a y C o m m e r c i a l R e a l E s t a t e • 1 0 0 S t o n y P o i n t R o a d S u i t e 2 5 0 • S a n t a R o s a , 9 5 4 0 1 • h t t p s : / / n b c r e . c o m

Dale Dockins, CCIM707.521.3500 x302dale@nbcre.com