INVESTMENT OPPORTUNITY

SINGLE TENANT INVESTMENTFortune 500 US Automobile Manufacturer

8300 EAST RAINTREE DRIVE

SCOTTSDALE, ARIZONA

CHUCK KLEIN Executive Director +1 858 546 5473 chuck.klein@cushwake.com

MICHAEL KITLICA Senior Vice President +1 602 468 8559 michael.kitlica@cushwake.com

ERIC WICHTERMAN Executive Managing Director +1 602 224 4471 eric.wichterman@cushwake.com

INVESTMENT

CONTACTS

CONTACTS

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MESA

GILBERTCHANDLER

SCOTTSDALE

PARADISEVALLEY

TEMPE

GLENDALE

PEORIA

SURPRISE

SUN CITY

GOODYEAR

TOLLESON

PHOENIX

DOWNTOWNPHOENIX

DOWNTOWNSCOTTSDALE

DOWNTOWNTEMPE

MID

TOW

NP

HO

ENIX

CAMELBACKCORRIDOR

10 Minutes2016 Population:

107,571

20 Minutes2016 Population:

519,368

CENTRALSCOTTSDALE

PR

ICE

RO

AD

CO

RR

IDO

R

DEER VALLEYDESERTRIDGE

I-17

CO

RR

IDO

R

30 Minutes2016 Population:

1,812,190

8300 EASTRAINTREE

LIGHT

RAI

L

LIGHT RAIL

PROPERTY OVERVIEW

Property being converted to a cutting edge automotive dealership and service facility.

Multi-million dollar renovation and repositioning estimated to be completed in 2019.

Durable concrete tilt construction combined with an extensive use of glass and futuristic design elements.

Prime ±3.5-acre land parcel on prestigious Raintree Drive.

Rare and highly coveted C-4 zoning within the City of Scottsdale where auto service and sales uses are allowed by right. YEAR BUILT

1985/2019

NET RENTABLE AREA

±41,229square feet

OCCUPANCY

100%

THE

OFFERING

8300 E Raintree DriveSCOTTSDALE, ARIZONA

LOCATION AND AMENITIES

Located within north Scottsdale’s prestigious Scottsdale Airpark submarket, the second largest employment center in Arizona.

Fronting along Raintree Drive, a major arterial serving the Scottsdale Airpark.

Thriving upscale nearby retail amenities with Kierland Commons, Scottsdale Quarter, Scottsdale Promenade and Scottsdale Towne Center all located within a five minute drive.

Immediate trade area houses a multitude of affluent residential neighborhoods such as Silverleaf, DC Ranch, McDowell Mountain Ranch, Troon, Grayhawk and Estancia.

Excellent freeway access provided by the Loop 101, less than one-mile east of the Property.

Scottsdale Municipal Airport lies less than one block west and is the highest profile private airport in the Valley for private and corporate clientele.

PRICE

$16,110,000CAP

6.00%

THE

OFFERING

LAND SITE SUMMARY

ADDRESS8300 East Raintree Drive, Scottsdale, AZ.

ACCESSTwo (2), one along Raintree Drive and the other along 83rd Place

SITE SIZE ±3.5 acres.

PARCEL215-55-048, 215-55-047B, 215-55-047A.

ZONING C-4, City of Scottsdale.

PARKING RATIO:

Final determination upon completion of renovations. ±4.6:1,000 SF on new building size as striped before construction has been completed.

INVESTMENT HIGHLIGHTS

Tenant is one of the top automobile manufacturers in the U.S. with a market capitalization in excess of $46 Billion as of March 2019.

Tenant is a dominant player in advanced automotive vehicle production. The brand is synonymous with high-powered performance, cutting-edge design and the future of roadway transportation.

Rare opportunity to acquire a superbly constructed and highly attractive property located in the heart of one of the foremost locations in Arizona.

Long term triple net lease with rent increases provides for relatively hands off management, long-term stability and rent growth.

Tenant is in the top 55% of the Fortune 500.

Highly replaceable and below-market lease rate.

SCOTTSDALE 101

TOURNAMENT PLAYERS CLUB GOLF COURSE

SCOTTSDALE AIRPORT

PROMENADE

SONORA VILLAGE

SCOTTSDALETOWNE CENTER

THE WESTIN KIERLAND RESORT & GOLF COURSE

KIERLAND COMMONS SCOTTSDALE

QUARTER

FRANK LLOYD WRIGHT BLVD

SCO

TTSD

ALE

RD

BELL RD

RAINTREE DR

NO

RTH

SIG

HT

BLV

D

HAYDEN RD

GREENWAY PKWY

WESTWORLD

SUBJECT

PROPERTY

MAJOR AUTO BRANDS ARE REPRESENTED IN THE SURROUNDING AREA

The subject trade area is the ideal location in Arizona for

maximum premier automobile sales. The incredible locational

characteristics of this location provide the backbone of the

viability of this new facility. This property would be highly

desirable to a host of automotive uses lined up to occupy what

will then be a ‘Plug-and-Play’ facility.

The location is surrounded by over a dozen premium

automotive brands. These leading companies have positioned

their dealerships in this trade area to take advantage

of the exceptional demographics and affluent spending

characteristics.

Barrett-Jackson Automotive Auction, the famed auction

hosted by Barrett Jackson, is located approximately a mile

north of the subject property.

EXECUTIVE

SUMMARY

Premium automotive brands that have chosen the

Scottsdale Airpark for their dealership locations

Porche Aston Martin Ferrari BMW Land Rover Audi CadillacMaserati

Mercedes Lamborghini Bugatti Jaguar McLaren Infiniti Lexus

INVESTMENT HIGHLIGHTS, CONTINUED

Long term net lease to one of the top U.S. automobile manufacturers with attractive rent increases.

Optimal location for the tenant to provide sales and service throughout the metro Phoenix area.

Significant redevelopment of the property will be undertaken to convert into a cutting edge sales and service facility.

Infill location in an enormously affluent north Scottsdale area.

N

SUPERCENTER

FRANK LLOYD WRIGHT BLVD

SCOTTSDALEAIRPORT

HA

YD

EN R

OA

D

NORTHSIGHT BLVD

GREENWAY HAYDEN LOOP

SCOTTSDALE QUARTER

KIERLAND COMMONS

SURROUNDING

RETAIL

178,000CARS PER DAY

24,800CARS PER DAY

52,206CARS PER DAY

SUBJECTPROPERTY

N

SUBJECTPROPERTY

SURROUNDING

RETAIL

NSCOTTSDALE'S UPSCALE DEMOGRAPHICS AND

RESIDENTIAL NEIGHBORHOODS

• The City of Scottsdale's annual household income of

$109,302 is amongst the higest in the country

• Several of Scottsdale's premier high-end residential

communities are directly north and east of the property

• These include: DC Ranch, McDowell Mountain Ranch,

Grayhawk, Ancala, Paradise Valley, Desert Mountain

and Troon

• Homes in these neighborhoods range in pricing from

$650,000 to over $10,000,000

$465K 5 MILE RADIUS

MEDIAN HOMEVALUE

66.3% 5 MILE RADIUS

RESIDENTS WITH A COLLEGE DEGREE

176K 5 MILE RADIUS

DAYTIMEWORKFORCE

$129K 5 MILE RADIUS

AVERAGE HHINCOME

82% 5 MILE RADIUS

WHITE COLLARWORKERS

AREA

DEMOGRAPHICS

Located in the beautiful Sonoran Desert, Scottsdale is bordered by Phoenix to the west and the McDowell Mountains to the east. Scottsdale is a premier community known for a high quality of life with attractive residential, business and shopping areas. One of the most livable cities in the country, Scottsdale is a place to live, learn,

work, play and raise a family.

Ranked in TIME’s “Best 50 Places to Live 2016” – Scottsdale is the only Arizona city to capture the recognition.

CITY OF SCOTTSDALE

DEMOGRAPHICS

• Stretching 31 miles from north

to south, the Scottsdale area

encompasses 184.5 square miles. As

one of Arizona’s ten largest cities, the

City of Scottsdale holds a population

of more than 231,000.

• A key characteristic of the local

population is the concentration of

middle aged residents, with a median

age of 47. The population boasts

comparatively high-earnings, with

an average household income of

$109,000.

3.2%

20.0%

41.5%

16.9%

14.7%

3.8%

85+

65-84

35-64

20-34

5-19

<4

Gen Xers make up the highest percentage of Scottsdale's population.41.5%

CITY OF SCOTTSDALEAGE BREAKDOWN

CITY OF SCOTTSDALEPOPULATION GROWTH

180,000

190,000

200,000

210,000

220,000

230,000

240,000

250,000

260,000

200

020

01

200

220

03

200

420

05

200

620

07

200

820

09

2010

2011

2012

2013

2014

2015

2016

2017

2018

2019

2020

Scottsdale is slated to increase by 16,904 people in the next 5 years. 7.0%

AREA

OVERVIEW

DISCLAIMER

This projection is based on assumptions

reflecting a certain set of conditions. However,

some assumptions inevitably will not materialize

and unanticipated events and circumstances may

occur; therefore, actual results achieved may

vary from our estimates, and the variation may

be material. Cushman & Wakefield extends no

guarantees and makes no warranties, expressed

or implied, with respect to this projection. In that

regard, neither Cushman & Wakefield nor any

affiliate, employee, officer, director, shareholder,

or agent thereof, shall have any liability

whatsoever arising from this projection or the

actual results achieved.

The information and opinion contained herein

are furnished as a real estate brokerage

service by Cushman & Wakefield based upon

comparative market data. It is not an appraisal.

Cushman & Wakefield is not an MAI qualified

appraiser, nor is it qualified or authorized to give

legal or tax advice in regard to any proposed

transaction. If you desire such advice, you are

encouraged to consult with a professional

appraiser, attorney and/or accountant.