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3,670 SF AVAILABLE FOR OWNER/TENANT...W. P o i n t P k w y. P a r k v e w P l. N W R a n c h k w y....
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3200 East Camelback Road, Suite 100 | Phoenix, Arizona 85018 | 602-956-7777 | www.leearizona.com FAIRMONT BUSINESS CENTER 3010 SOUTH PRIEST DRIVE | TEMPE, ARIZONA 8,704 SF OWNER/INVESTOR BUILDING FOR SALE Rick Robertson [email protected] D 602.954.3748 Marc Pierce [email protected] D 602.954.3750 FEATURES • 3,670 SF Available May 2018 • Frontage on Priest Drive • Upgraded Tenant Improvements • Near Broadway Road/Priest Drive • Constructed by LGE Design Build • 20 Private Offices • 37 Total Parking Spaces • 4 Restrooms • Attractive Landscaping • Sales Price: $1,550,000 • $65,442 Per Year NNN Income from Suite 401/402 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 Park Papago Park SR143 101 101 202 202 202 60 Phoenix Sky Harbor International Airport Chandler Municipal Airport Van Buren St. Lincoln St. Buckeye Rd. Sky Harbor Blvd. Broadway Rd. Roeser Rd. Roeser Rd. Southern Ave. Baseline Rd. Broadway Rd. Broadway Rd. University Dr. University Dr. Apache Blvd. Broadway Rd. Main St. University Dr. Rio Salado Pkwy. Rio Salado Pkwy. Southern Ave. Southern Ave. Southern Ave. Broadway Rd. Main St. University Dr. Brown Rd. Southern Ave. Baseline Rd. Baseline Rd. Baseline Rd. Guadalupe Rd. Elliot Rd. Warner Rd. Ray Rd. Chandler Blvd. Elliot Rd. Warner Rd. Ray Rd. Chandler Blvd. Frye Rd. Pecos Rd. Germann Rd. Germann Queen Creek Rd. Queen Cre Pecos Rd. Elliot Rd. Warner Rd. Ray Rd. Williams Fi Guadalupe Rd. Houston Ave. Guadalupe Rd. Dobbins Rd. S. Mountain Ave. Washington St. Washington St. Jefferson St. Van Buren St. Air Ln. McDowell Rd. Thomas Rd. McDowell Rd. Mckellips Rd. Mckellips Rd. Curry Rd. Mckellips Rd. McDowell Rd. Thomas Rd. Thomas Rd. Indian School Rd. Indian School Rd. Camelback Rd. Camelback Rd. Chaparral Rd. Chaparral Rd. McDonald Dr. McDonald Dr. McDowell Rd. Roosevelt Rd. Thomas Rd. Indian School Rd. Camelback Rd. Bethany Home Rd. 19 th Ave. 19 th Ave. 7 th Ave. 15 th Ave. 12 th St. 16 th St. 16 th St. 24 th St. 24 th St. 24 th St. 24 th St. 32 nd St. 36 th St. 40 th St. 44 th St. 48 th St. 32 nd St. 32 nd St. 40 th St. 48 th St. 64 th St. 68 th St. College Ave. Scottsdale Rd. Scottsdale Rd. Rural Rd. McClintock Dr. Mill Ave. Mill Ave. Hardy Dr. Hardy Dr. Priest Dr. Rural Rd. Kyrene Rd. Kyrene Rd. Maricopa Rd. McClintock Dr. McClintock Dr. Priest Dr. Priest Dr. Hayden Rd. Pima Rd. Dobson Rd. Dobson Rd. Dobson Rd. Longmore Alma School Rd. Alma School Rd. Alma School Rd. Alma School Rd. Country Club Dr. Country Club Dr. Country Club Dr. Country Club Dr. Ext Rd. Ext Rd. Center St. Center St. Mesa Dr. Mesa Dr. Grantite Reef Rd. Horne Stapley Dr. Gilbert Rd. Gilbert Rd. Center St. Mesa Dr. Horne Stapley Dr. Gilbert Rd. McQueen Rd. Cooper Rd. Gilbert Rd. McQueen Rd. Cooper Rd. Gilbert Rd. 52 nd St. 52 nd St. 7 th St. Central Ave. 7 th Ave. 7 th St. Central Ave. 19 th Ave. 16 th St. 7 th Ave. 7 th St. Central Ave. G alvi n P kwy. S k y H a r b o r C ir. A s h Ave. S a r a to g a L i n d ner Ave. Queen Creek Rd. In dian S c h o ol Rd. Ray Rd. Knox Rd. Chandler Blvd. Chandler Blvd. Pecos Rd. Pecos Rd. 48 th St. 40 th St. 36 th St. Mounta i n P k w y . Ranc h Cir R a y Rd. 4 8 t h S t. W a r n e r E llio t L o o p 51 st S t . 4 4 th S t. D e s e rt F oothills Pkwy. 1 7 th Av e . Lake w o o d P k w y . PHOENIX TEMPE SCOTTSDALE CHANDLER SUBJECT 3,670 SF AVAILABLE FOR OWNER/TENANT
Transcript of 3,670 SF AVAILABLE FOR OWNER/TENANT...W. P o i n t P k w y. P a r k v e w P l. N W R a n c h k w y....
3200 East Camelback Road, Suite 100 | Phoenix, Arizona 85018 | 602-956-7777 | www.leearizona.com
FAIRMONT BUSINESS CENTER3010 SOUTH PRIEST DRIVE | TEMPE, ARIZONA
8,704 SF OWNER/INVESTOR BUILDING FOR SALE
Rick [email protected] 602.954.3748
Marc [email protected] 602.954.3750
FEATURES• 3,670 SF Available May 2018
• Frontage on Priest Drive
• Upgraded Tenant Improvements
• Near Broadway Road/Priest Drive
• Constructed by LGE Design Build
• 20 Private Offices
• 37 Total Parking Spaces
• 4 Restrooms
• Attractive Landscaping
• Sales Price: $1,550,000
• $65,442 Per Year NNN Income from Suite 401/402
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 Park
Usery MountainRecreation Area
Four PeaksWilderness
McDowell MountainRegional Park
Phoenix SonoranDesert Preserve
White Tank MountainRegional Park
Skyline RegionalPark
Deem HillsRecreation Area
Thunderbird ConservationPark
PapagoPark
Piestewa PeakPark
North MountainPark
PhoenixMountainPreserve
Buffalo RidgePark
Estrella Mountain Park
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McDowell Rd.McDowell Rd.McDowell Rd.
Van Buren St.
Yuma Rd.Yuma Rd.
Van Buren St. Van Buren St.Van Buren St. Van Buren St. Van Buren St. Van Buren St.
Lincoln St.
Buckeye Rd. Sky Harbor Blvd.Buckeye Rd.
Broadway Rd.Broadway Rd.Broadway Rd. Broadway Rd. Broadway Rd.
Roeser Rd. Roeser Rd.
Southern Ave.Southern Ave.Southern Ave.
Estrella Dr.
Beltline Rd.
Baseline Rd.
Broadway Rd.Broadway Rd.
University Dr. University Dr.
Apache Blvd.
Broadway Rd.
Main St.
University Dr.
Rio Salado Pkwy.Rio Salado Pkwy.
Southern Ave. Southern Ave. Southern Ave.
Broadway Rd.
Main St.
University Dr.
Brown Rd.
Southern Ave.
Baseline Rd. Baseline Rd. Baseline Rd. Baseline Rd. Baseline Rd. Baseline Rd.
Guadalupe Rd.
Elliot Rd.
Warner Rd.
Ray Rd.
Chandler Blvd.
Elliot Rd.
Warner Rd.
Ray Rd.
Chandler Blvd.
Frye Rd.
Pecos Rd.
Germann Rd. Germann Rd.
Queen Creek Rd. Queen Creek Rd.
Germann Rd.
Queen Creek Rd. Queen Creek Rd.
Ocotillo Rd.
Hunt Hwy. Hunt Hwy.
East Riggs Rd.East Riggs Rd.
Chandler Heights Rd.
Empire Blvd.
East Riggs Rd.
San Tan Blvd.
Chandler Heights Rd.
Ocotillo Rd.Ocotillo Rd. Ocotillo Rd.
Cloud Rd.
Combs Rd.
Pecos Rd. Pecos Rd.
Pecos Rd.
Pecos Rd.
Elliot Rd.
Warner Rd.
Elliot Rd. Elliot Rd.
Warner Rd.
Ray Rd. Ray Rd. Ray Rd.
Williams Field Rd. Williams Field Rd.
Guadalupe Rd.
Houston Ave.
Guadalupe Rd. Guadalupe Rd. Guadalupe Rd.
Baseline Rd.
Dobbins Rd.
S. Mountain Ave.
Dobbins Rd.Dobbins Rd.
Carver Rd.
Baseline Rd.
Southern Ave.
Buckeye Rd.Buckeye Rd. Buckeye Rd.
Washington St. Washington St.Jefferson St.
Van Buren St.
Air Ln.
Yuma Rd.
Southern Ave.
Lower Buckeye Rd.
Broadway Rd.Broadway Rd.
Elwood St.
Indian Springs Rd.
Thomas Rd.Thomas Rd.
Indian School Rd.Indian School Rd.Indian School Rd.
Camelback Rd.Camelback Rd.Camelback Rd.
Bethany Home Rd.Bethany Home Rd.
Glendale Ave.Glendale Ave.Glendale Ave.
Northern Ave.Northern Ave.
Olive Ave.
Peoria Ave.
Cactus Rd.
McDowell Rd.
Thomas Rd.
Indian School Rd.
Camelback Rd.
Bethany Home Rd.
Glendale Ave.
Northern Ave.
Olive Ave.
Peoria Ave.
Cactus Rd.
Thunderbird Rd. Thunderbird Rd.
McDowell Rd.
Thomas Rd.
Indian School Rd.
Camelback Rd.
McDowell Rd.
Thomas Rd.
McDowell Rd.
Mckellips Rd. Mckellips Rd.
Broadway Rd.
Main St.
University Dr.
Brown Rd. Brown Rd.
Southern Ave.
Broadway Rd.
Main St.
University Dr.
Southern Ave.
Mckellips Rd.
Curry Rd.
Mckellips Rd.
McDowell Rd. McDowell Rd. McDowell Rd.
Longbow Pkwy.
Thomas Rd. Thomas Rd. Thomas Rd.
Saddleback St.
Indian School Rd.Indian School Rd.
Camelback Rd.
Camelback Rd.
Chaparral Rd. Chaparral Rd.
Indian Bend Rd.
Mountain View Rd.Mountain View Rd.
Shea Blvd. Shea Blvd. Shea Blvd.
Via Linda
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Golden Eagle Blvd.
McD
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McD
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Via Linda
Shea Blvd.
Cholla St.Cholla St.
Lincoln Dr.
DoubleTree Ranch Rd.
McDonald Dr. McDonald Dr.Bethany Home Rd.
Glendale Ave.
Lincoln Dr.
Northern Ave.
McDowell Rd.
Roosevelt Rd.
Thomas Rd.
Indian School Rd.
Camelback Rd.
Bethany Home Rd.
Glendale Ave.
Northern Ave.
Dunlap Ave. Dunlap Ave.
Hatcher rd.
Peoria Ave.
Cactus Rd. Cactus Rd.
Sweetwater Ave.
Cactus Rd.Cactus Rd. Cactus Rd.
Thunderbird Rd. Thunderbird Rd.
Greenway Rd.
Thunderbird Rd.
Greenway Rd.Greenway Rd.
Grovers Ave.
Pinnacle Peak Rd. Pinnacle Peak Rd.Pinnacle Peak Rd.
Jomax Rd. Jomax Rd. Jomax Rd. Jomax Rd.
Dynamite Blvd.
Jomax Rd. Jomax Rd. Fore
st R
d.
Dynamite Blvd. Rio Verde Dr. Rio Verde Dr.
Dove Valley Rd.
Sonoran Desert Dr.
Carefree Hwy Carefree Hwy
Rancho Paloma Dr.
Carefree Hwy
Lone Mountain Rd.
Dixileta Dr.
Sonoran Desert Dr.
Greenway Rd.
Bell Rd.Bell Rd.
Greenway Rd.
Waddell Rd.
Cactus Rd.
Peoria Rd.
Olive Ave.Olive Ave.
Northern Pkwy.
Northern Ave.
Sun Valley Pkwy.
Sun Valley Pkwy.
Bell Rd.Bell Rd. Bell Rd. Bell Rd.
Raintree Dr.
Frank Lloyd Wright Blvd.
Bell Rd.
Union Hills Dr. Union Hills Dr.Union Hills Dr.
Union Hills Dr.
Beardsley Rd.
Yorkshire Dr.
Rose Garden Ln.
Deer Valley Rd.Deer Valley Rd.Deer Valley Dr.
Heritage Dr.
Happy Valley Rd. Happy Valley Rd.Happy Valley Rd.Happy Valley Rd.
Lake
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Pinnacle Peak Rd.
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Tatu
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Tatum
Blvd
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Mayo Blvd.
Tatu
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Tatu
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68th S
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Ave
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Cave
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McC
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Mill
Ave.
Mill Ave.
Hard
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Dr.
Prie
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Rura
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Kyre
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Rd.
Mar
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Rd.
McC
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Dr.
Prie
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Hayd
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Rd.
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Pim
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Rd.
Pim
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Rd.
Dobs
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Dobs
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Dr.
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Dr.
Coun
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Coun
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Cent
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Horn
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Dr.
Gilb
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Lind
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Rd.
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Dr.
Gre
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Higl
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Soss
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Rd.
Soss
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Rd.
Soss
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Rd.
Rittenhouse Rd.
McQ
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Rd.
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Gilb
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Rd.
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Gre
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Rd.
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Gilb
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Lind
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Rd.
Val V
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Dr.
Gre
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d.
Higl
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d.
Powe
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Reck
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d.
Hawe
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.Ha
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Rd.
Gar
y Rd
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Ellsw
orth
Loo
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Ellsw
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Rd.
Crism
on R
d.
Mer
idia
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Ellsw
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Rd.
Ellsw
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Rd.
Mou
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Rd.
Gan
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Rd.
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Rd.
Ironw
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Sign
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Rd.
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St.
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St.
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t.
Cent
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ve.
83rd A
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75th A
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67th A
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59th A
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51st A
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35th A
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27th A
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19th A
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ve.
12th S
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ral A
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ve.
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ral A
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19th A
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16th S
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7th S
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ral A
ve.
Cor
al G
ables
Dr.
Lake
Ple
asan
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y.
Cave
Cre
ek B
lvd.
Mayo Blvd.
28th
Dr.
Metro
Pkw
y.
Lake Pleaseant Pkwy.
Beardsley Rd.
Verd
e Vi
sta D
r.
Indian School Rd.
Aco ma Dr.
W. P
oint P
kwy.
Par k
view
Pl.
NW R
anch
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R H Johnson Blvd.
Stardust Blvd.Meeker Blvd.
128t
h Ave
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151st
Ave
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Aleppo Dr.
Sunri
se B
lvd.
Moun
tain V
iew Blvd.
Del W
ebb
Blvd
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Bosw
ell B
lvd.
Ellio
t Rd.
Estre
lla P
kwy.
T hompson Peak Pkwy.
Le g acy Blvd.
Legacy Blvd.
Frank Lloyd Wright Blvd.
Hayd
en Rd.McCormic k Pkwy.
Gal
vin P
kwy.
Founta
in H
ills B
lvd.
Sag
uaro
Blvd
.
Mohave Rd.
Fort
McD
owel
l Rd.
Mus
tang
Way
Para
dise V
illage Pkwy.
Lower Buckeye Rd.Lower Buckeye Rd.Lower Buckeye Rd.
Lower Buckeye Rd.
Sky
Harb
or C
ir.
Hawe
s Rd
.
Rid g ecr
est
Eagle Crest Dr.
Ash
Ave.
Sara
toga
L in dner Ave.
Soss
aman
Rd.
Queen Creek Rd.
Indian School Rd.
Deer Valley Rd.
40th S
t.
Sunridge Dr.
Ray Rd.
Knox Rd.
Chandler Blvd.Chandler Blvd.
Pecos Rd.Pecos Rd.
48th S
t.
40th S
t.
36th S
t.
Mountain Pkwy.
Ranc h
Cir
Ray Rd.
48th S
t.
War
ner E
lliot L
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51st S
t.
44th S
t.
Dese
rt Fo
othil
ls Pk
wy.
17th A
ve.
Lakewood Pkwy.
PHOENIX
TEMPE
SCOTTSDALE
PARADISE VALLEY
GOODYEAR
GLENDALE
PEORIA
SURPRISE
BUCKEYE
CHANDLER
GILBERT
FOUNTAIN HILLS
MESASUBJECT
3,670 SF AVAILABLE FOR OWNER/TENANT
3200 East Camelback Road, Suite 100 | Phoenix, Arizona 85018 | 602-956-7777 | www.leearizona.com
FAIRMONT BUSINESS CENTER3010 SOUTH PRIEST DRIVE | TEMPE, ARIZONA
8,704 SF OWNER/INVESTOR BUILDING FOR SALE
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.
Rick [email protected] 602.954.3748
Marc [email protected] 602.954.3750
NORTH SIDE UNIT 401/402 | 5,034 SF LEASED TO ONE POINT PATIENT CARE UNTIL 9-30-19
SOUTH SIDE UNIT 403 | 3,670 SF LEASED TO SUNLAND ASPHALT UNTIL 4-30-18
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3200 East Camelback Road, Suite 100 | Phoenix, Arizona 85018 | 602-956-7777 | www.leearizona.com
FAIRMONT BUSINESS CENTER3010 SOUTH PRIEST DRIVE | TEMPE, ARIZONA
8,704 SF OWNER/INVESTOR BUILDING FOR SALE
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.
Rick [email protected] 602.954.3748
Marc [email protected] 602.954.3750
SUBJECT
BROADWAY RD.
ALAMEDA DR.
SOUTHERN AVE.
48T
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SUBJECT
MARC PIERCE RICK ROBERTSON Principal Principal 602.954.3750 602.954.3748 [email protected] [email protected]
PRELIMINARY INVESTMENT INFORMATION 3010 S. PRIEST DRIVE, TEMPE, AZ
Located in Fairmont Business Center, this 8,704 sq. ft. freestanding office condominium building was constructed in 2003 and is fully leased to two tenants. The property has frontage and signage on Priest Drive, just south of Fountainhead Corporate Park, and is near the intersection of Broadway Road and Priest Drive. The location is right in the heart of the City of Tempe and is surrounded by attractive business parks and high-rise office buildings. There is a brand new 322-unit, 4-story apartment project, Residences at Fountainhead, just north of this building and the entire location has evolved into a “live…work… play” neighborhood that is very popular. Fairmont Business Center is a 4-building office condominium project that was constructed by LGE Design Build and designed by Sherman Cawley Architects. The complex features free covered parking and tenants can walk right into the ground level buildings and avoid cumbersome parking garages and elevators. Each building is separately metered so the tenants can monitor their own utilities and janitorial expenses and there is a property manager that maintains the common landscaping, exterior glass cleaning, roof maintenance and parking lot sweeping. This building is fully built out with two very functional spaces that have their own restrooms. The layout of the existing offices is well-designed and should not require extensive renovations every three or five years as tenants transition in and out of the property. The north 5,034 sq. ft. of the building is leased to One Point Patient Care until September 30, 2019 and they are currently paying $13 sq. ft. NNN. This tenant also owns their own 10,000 Sq. Ft. building in Fairmont Business Center and is in the medical products and supply business. Their lease has $.50 sq. ft. annual bumps and the lease allows the tenant to terminate with six months written notice. The tenant has a right of first refusal to lease the adjacent 3,670 sq. ft. space, if it becomes available. The south 3,670 SF space is leased to Sunland Asphalt Company who will be moving out of the property in April 2018. This is a good opportunity for a 3,670 sq. ft. owner user to occupy the property in 2018 and have income from the north side of the building. Because there is virtually no vacant commercial land for sale in Tempe, it would be very difficult to replace this building and the interior improvements originally cost around $50 per sq. ft.
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