1965 & 1917 W. First Street Tempe, Arizona FOR SALE/LEASEBACK

1965 & 1917 W. First Street
Tempe, Arizona
FOR SALE/LEASEBACK
www.leearizona.com
DEER VALLEY RD.
DOBSON RD.
202
BROADWAY RD.
Superstition Fwy.
60
GUADALUPE RD.
CHANDLER
ELLIOT RD.
WARNER Rd.
GILBERT
POWER RD.
UNIVERSITY DR.
TEMPE
VAL VISTA DR.
MESA
COOPER RD.
Gil
er
NORTH
AHWATUKEE
Riv
44TH ST.
24TH ST.
CENTRAL AVE.
7TH ST.
Black Canyon Fwy.
BASELINE RD.
a
MCDOWELL RD.
McQUEEN RD.
85
3200 East Camelback Road
Suite 100
Phoenix, Arizona 85018
602.956.7777
y.
Maricopa Fwy.
ver
87
w
Red Mountain F
202
MILL AVE.
Salt Ri
Sky Harbor
Int'l Airport
HW
BE
ARIZONA AVE.
Baseline Rd.
LOWER BUCKEYE RD.
PHOENIX
MCDOWELL RD.
RURAL RD.
COTTON LN.
PRINCIPAL
602.954.3748
BROADWAY RD.
BROADWAY RD.
GOODYEAR
rrobertson@leearizona.com
BUCKEYE RD.
Y.
NE
I
EL
SUBJECT
PRIEST DR.
YUMA RD.
101
GREENFIELD DR.
TOLLESON
Two (2) Grade Level Doors
Five (5) Truckwell Doors
76 Parking Spaces
Attractive Landscaping
Constructed in
1994 and 1999
FOUNTAIN
HILLS
Sale Price: $3,495,000
7.5% Capitalization Rate
MCDONALD DR.
SCOTTSDALE
32ND ST.
JACKRABBIT TR.
Papago Fwy.
RICK ROBERTSON
Dean Rd.
Rainbow Valley Rd.
Phoenix
Goodyear
Airport
MCDOWELL RD.
43RD AVE.
LITCHFIELD
PARK
59TH AVE.
LITCHFIELD RD.
REEMS RD.
CAMELBACK RD.
FOR MORE
INFORMATION
MCDOWELL
RD.
PLEASE CONTACT:
EYE
Watson Rd.
303
.
CAMELBACK RD.
e
Av
Luke
AFB
GLENDALE AVE.
7TH AVE.
nd
ra
G
NORTHERN AVE.
HAYDEN RD.
Estrella Fwy.
OLIVE AVE.
Pima Fwy.
EL MIRAGE
•
•
•
•
•
•
•
BELL RD.
Price Fwy.
WADDELL RD.
SCOTTSDALE RD.
SURPRISE
33,400 SF NNN Leased
Investment Opportunity
BELL RD.
BELL RD.
• Sky Harbor Business Park
- Tempe
GREENWAY RD.
SUN
THUNDERBIRD RD.
CITY
• 2.06 Acres
•
I-1, City of Tempe Zoning SHEA BLVD.
OLIVE AVE.
•
6,930 SF A/C Office Area
PEORIA
51
• 26,000 SF EVAP cooled PARADISE
Warehouse
VALLEY
GLENDALE
GLENDALE AVE.
• 20’ Clear Height
LINCOLN DR.
101
83RD AVE.
Sun Valley Pkwy.
101
•
CAVE CREEK RD.
SUN
CITY
BUILDING FEATURES:
WEST
RAY RD.
CHANDLER BLVD.
South Mountain Fwy.
Santan Fwy.
202
GERMANN RD.
All information furnished regarding property for sale, rental or financing is from sources deemed reliable,
but
QUEEN CREEK
RD. 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.
1965 & 1917 W. First Street
Tempe, Arizona
FOR SALE/LEASEBACK
www.leearizona.com
NOR T H
IO
R
LA
SA
PAR WAY
K
PRIEST DR.
UNIVERSITY DR.
52ND ST.
143
O
D
1ST ST.
FOR MORE INFORMATION
PLEASE CONTACT:
RICK ROBERTSON
PRINCIPAL
602.954.3748
rrobertson@leearizona.com
3200 East Camelback Road
Suite 100
Phoenix, Arizona 85018
602.956.7777
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.
1965 & 1917 W. First Street
Tempe, Arizona
FOR SALE/LEASEBACK
www.leearizona.com
OFFICE
OFFICE
WAREHOUSE
WAREHOUSE
1965 WEST FIRST STREET
1917 WEST FIRST STREET
•
•
•
•
•
•
•
•
•
•
•
•
15,400 SF Masonry Building
Constructed by LGE Design Build in 1999
12,450 SF “Footprint”
2,950 SF Second Floor Office/Mezzanine
One Grade Level Door
Two Position Truckwell (2 Doors)
EVAP Cooled Warehouse
18,000 SF Masonry Building
Constructed by LGE Design Build in 1994
15,000 SF “Footprint”
3,000 SF Second Floor Office
One Grade Level Door
Three Position Truckwell (3 Doors)
EVAP Cooled Warehouse
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.
one that
efficient
1965
&supports
1917 W.
Firstproduct
Street
movement.Arizona
Tempe,
FOR SALE/LEASEBACK
47'-6"
that allows for flexibility and access,
www.leearizona.com
LOCATION:
The property is located on the West end of Sky Harbor Business Park near Priest Drive and Rio
Salado Parkway, about 2 miles from Downtown Tempe and Arizona State University. The buildings
are less than 3 miles from Sky Harbor International Airport.
Just North of the location, Liberty Center is under construction. This project is a Liberty Property
Trust development that will have over 1,000,000 SF of Class A Office and Flex Space when
completed.
FOR MORE INFORMATION
PLEASE CONTACT:
SALE/LEASEBACK:
RICK ROBERTSON
PRINCIPAL
602.954.3748
rrobertson@leearizona.com
3200 East Camelback Road
Suite 100
Phoenix, Arizona 85018
602.956.7777
This property is owned by the corporate officers of AV Concepts. This firm was founded in 1987
and today the company has grown to become a premier nationwide provider of audio, visual and
creative solutions for trade-shows, convention center events and corporate gatherings.
The ownership would like to sell the property and lease back both buildings for 3 years at a lease
rate of $21,500 per month. ($258,000 per annum) The tenant would be AV Concepts and they
would also like a 2 year option to extend the lease while they evaluate their long term growth and
space requirements.
This lease rate would be an approximately 7.5% capitalization rate for the new ownership. AV
Concepts would propose to sign the SIR Standard NNN lease agreement at close of escrow.
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.