Stephen D. Cohen Russell W. Hall, SIOR, GSCS +1 520 546 2750 +1 520 546 2747 [email protected][email protected]For more information, contact: Cushman & Wakefield Copyright 2015. No warranty or representation, express or implied, is made to the accuracy or completeness of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and to any special listing conditions imposed by the property owner(s). As applicable, we make no representation as to the condition of the property (or properties) in question. Independently Owned and Operated / A Member of the Cushman & Wakefield Alliance FOR SALE OR LEASE 1450 S. Eastside Loop Tucson, AZ 85710 THE OFFERING OFFICE BUILDING TRAINING CENTER OFFICE & INDUSTRIAL MARKETS EASTSIDE RESEARCH COMMERCE CENTER TUCSON HOME
Cushman & Wakefield Copyright 2015. No warranty or representation, express or implied, is made to the accuracy or completeness of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and to any special listing conditions imposed by the property owner(s). As applicable, we make no representation as to the condition of the property (or properties) in question.
Independently Owned and Operated / A Member of the Cushman & Wakefield Alliance
Cushman & Wakefield Copyright 2015. No warranty or representation, express or implied, is made to the accuracy or completeness of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and to any special listing conditions imposed by the property owner(s). As applicable, we make no representation as to the condition of the property (or properties) in question.
Independently Owned and Operated / A Member of the Cushman & Wakefield Alliance
1450 S. Eastside Loop, Tucson, AZ
OFFERING
PROPERTY HIGHLIGHTS TOTAL OFFICE BUILDING 26,554 SF
TRAINING FACILITY 4,728 SF
LOT SIZE 5.08 ACRES (221,285 SQ. FT.)
ZONING I-1 (Light Industrial)
AGE 2006 (Main Office), 2013 (Training Facility)
CONSTRUCTION Steel, Glass
CEILING HEIGHT 9’ dropped ceiling
TAXES 2016 $75,777.69
SALES PRICE $6,375,000
LEASE OPTION 1 Entire Property $15.00 / SF / year NNN
LEASE OPTION 2 East wing 1s floor $16.00 / SF / year NNN
LEASE OPTION 3 Training facility (4,798 sf) $18.00 / SF / year NNN
Cushman & Wakefield Copyright 2015. No warranty or representation, express or implied, is made to the accuracy or completeness of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and to any special listing conditions imposed by the property owner(s). As applicable, we make no representation as to the condition of the property (or properties) in question.
Independently Owned and Operated / A Member of the Cushman & Wakefield Alliance
Cushman & Wakefield Copyright 2015. No warranty or representation, express or implied, is made to the accuracy or completeness of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and to any special listing conditions imposed by the property owner(s). As applicable, we make no representation as to the condition of the property (or properties) in question.
Independently Owned and Operated / A Member of the Cushman & Wakefield Alliance
Cushman & Wakefield Copyright 2015. No warranty or representation, express or implied, is made to the accuracy or completeness of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and to any special listing conditions imposed by the property owner(s). As applicable, we make no representation as to the condition of the property (or properties) in question.
Independently Owned and Operated / A Member of the Cushman & Wakefield Alliance
Cushman & Wakefield Copyright 2015. No warranty or representation, express or implied, is made to the accuracy or completeness of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and to any special listing conditions imposed by the property owner(s). As applicable, we make no representation as to the condition of the property (or properties) in question.
Independently Owned and Operated / A Member of the Cushman & Wakefield Alliance
1450 S. Eastside Loop, Tucson, AZ
STATE OF THE ART TRAINING FACILITY
• Computer training center
• 3 class rooms (1 & 2 can be combined)
• Recording/video studio
• Broadcast center
• Video classroom
• Dual screens classroom 3
• Seats up to 50 in class room 3
• Seats up to 12 in rooms 1 & 2
• Stainless steel kitchen appliances
• Beverage centers
6
THE OFFERING OFFICE &
INDUSTRIAL
MARKETS
EASTSIDE
RESEARCH
COMMERCE CENTER TUCSON HOME OFFICE BUILDING TRAINING CENTER
Cushman & Wakefield Copyright 2015. No warranty or representation, express or implied, is made to the accuracy or completeness of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and to any special listing conditions imposed by the property owner(s). As applicable, we make no representation as to the condition of the property (or properties) in question.
Independently Owned and Operated / A Member of the Cushman & Wakefield Alliance
1450 S. Eastside Loop, Tucson, AZ
TRAINING FACILITY
7
THE OFFERING OFFICE &
INDUSTRIAL
MARKETS
EASTSIDE
RESEARCH
COMMERCE CENTER TUCSON HOME OFFICE BUILDING TRAINING CENTER
Cushman & Wakefield Copyright 2015. No warranty or representation, express or implied, is made to the accuracy or completeness of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and to any special listing conditions imposed by the property owner(s). As applicable, we make no representation as to the condition of the property (or properties) in question.
Independently Owned and Operated / A Member of the Cushman & Wakefield Alliance
1450 S. Eastside Loop, Tucson, AZ
• LOCATED ON TUCSON’S EASTSIDE BETWEEN 22ND STREET AND GOLF LINKS
• 28 LOTS IN THE COMMERCE CENTER
• TOTAL 105 ACRES AND 1.75 MILES OF STREETS
8
THE OFFERING OFFICE &
INDUSTRIAL
MARKETS
TUCSON HOME OFFICE BUILDING TRAINING CENTER EASTSIDE
Cushman & Wakefield Copyright 2015. No warranty or representation, express or implied, is made to the accuracy or completeness of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and to any special listing conditions imposed by the property owner(s). As applicable, we make no representation as to the condition of the property (or properties) in question.
Independently Owned and Operated / A Member of the Cushman & Wakefield Alliance
1450 S. Eastside Loop, Tucson, AZ
OFFICE INDUSTRIAL
SQUARE FEET IN MARKET 25,413,504 sq. ft. 41,344,427 sq. ft.
VACANCY 11.5% 8.1%
Q3 ABSORPTION 289,278 sq. ft. 1,202,333 sq. ft.
As a result of steady, organic
recovery and job growth, surplus and
sublease office space in the Tucson
market has largely shaken out.
Overall market vacancy hovered
around 12.0% for six solid years. At
its current 11.5%, Tucson office
vacancy is at the lowest point since
Q4 2009.
Tucson’s industrial vacancy continued its
positive trajectory, improving by 50 basis
points over Q2 2016 to end at 8.1%, the
lowest level recorded since Q4 2008. With
the completion of HomeGoods 858,288 SF
distribution center, total net absorption to
date in 2016 exceeded 1.2 million (MSF),
marking the first year over one MSF since
2006.
OVERALL NET ABSORPTION AND MARKET OVERVIEW YTD
9
THE OFFERING TUCSON HOME OFFICE BUILDING TRAINING CENTER EASTSIDE
Cushman & Wakefield Copyright 2015. No warranty or representation, express or implied, is made to the accuracy or completeness of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and to any special listing conditions imposed by the property owner(s). As applicable, we make no representation as to the condition of the property (or properties) in question.
Independently Owned and Operated / A Member of the Cushman & Wakefield Alliance
1450 S. Eastside Loop, Tucson, AZ
10
THE OFFERING HOME OFFICE BUILDING TRAINING CENTER EASTSIDE
