3033 North Central OWNER/USER OPPORTUNITY. Own a piece of Phoenix history, formerly occupied by the world famous Playboy Club. Suite 800, Phoenix, AZ

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1 OWNER/USER OPPORTUNITY 3033 North Central Suite 800, Phoenix, AZ Tom Jacobs Senior Vice President Mike Coover Senior Vice President Own a piece of Phoenix history, formerly occupied by the world famous Playboy Club. Eric Wichterman Executive Managing Director eric.wichterman@cushwake.com

2 Dignity Health St Joseph s Hospital and Medical Center Encanto Golf Course Barrow Neurological Institute Light Rail Thomas Road Catalina Drive 3033 N CENT Alta Thomas 225 Units Wood Partners Apartments Under Construction 2 / Financial Information

3 Park Central Central Avenue ORTH RAL Earll Drive Edison Midtown 110 Units Condominiums Under Construction 3rd Street Financial Information / 3

4 4 / Executive Summary Exceptional 8th Floor Views

5 OWNER/USER OPPORTUNITY 3033 North Central Suite 800 Phoenix, Arizona CONTENTS Executive Summary... 6 Property Summary... 9 Building Specifications... 9 Site Plan...11

6 Executive Summary 3033 North Central Avenue Suite 800 is a commercial office condo for sale. The space is located at the southeast corner of Central Avenue and Earll Drive in Phoenix, AZ. The project enjoys exceptional views from it s 8th floor wrap around balcony and ribbon windows that line the space. The interior tenant improvements are in turn key condition with a highly functional and attractive exposed ceiling design. The floor plan includes men s and women s private restrooms and additional common area restrooms. Four elevator cabs service the two total condo units on the 8th floor. Parking is provided by the adjacent secured garage at a ratio of ±4.0:1,000 square feet of usable office space. This offering represents a rare opportunity to acquire a highly desireable and contemporary office space with exceptional views in one the most dynamic locations in the Valley. Address Phoenix Professional Towers 3033 North Central Avenue Suite 800, Property Type Commercial Office Condo Unit located on the 8th Floor Approximate Size ±7,668 total S.F ±5,500 S.F of usable office space ±1,471 S.F of balcony space ±10% core factor Year Built 1960, heavily renovated in 2007 Zoning C-2, City of Phoenix Parking Ratio ±4.0 spaces per 1,000 SF in adjacent parking structure Price $1,450,000 Location Directly across from Park Central Mall with its heavy concentration of restaurants and inevitable large-scale redevelopment speculated to occur within 3 to 5 years. Nearby restaurants include Durant s, Switch, Wild Thaiger Honey Bear s BBQ, Best of Philly, Ichi Ban, Panera Bread, and the recently completed Ocotillo, Corduroy, and Oven & Vine. Close proximity to Interstate 10 freeway which lies just over one mile to the south. 6 / Executive Summary Located on Metro Phoenix s vastly successful light rail on system which since opening

7 in 2008, has grown to the twelfth busiest in the nation. Strong medical location The property is ideally located within two miles of seven (7) Valley hospitals. The most noteworthy of these include Dignity s St. Joseph s, located less that 1 mile away and Banner s University Medical Center, located approximately 1½ miles southeast. Located in the heart of Phoenix s urban revival Following national urban infill trends, Central Phoenix is in the midst of an urban renewal movement that is transforming the area into a 24-hour live-work-play environment. Gaining major traction in the midst of the urban infill revival, Central Phoenix is attracting developers, residents, cutting-edge employers, and amenities at an unprecedented level in Central Phoenix history. The repositioning of existing structures and development of new projects into a multitude of vibrant new restaurants, offices, luxury residential communities and retailers, add to the appeal for employers and residents of the area. One of the most promising office markets in Phoenix Midtown has long reigned as the largest office submarket in the greater Phoenix area The urban revival movement engulfing the Central Phoenix Infill area is resulting in increased tenant interest and improving the office market performance. To accommodate this surge in residential and retail development in this land-constrained area, a meaningful amount of Central Phoenix class C and B office properties have been demolished or re-purposed Well positioned to benefit from this promising influx, these trends are certain to add fuel to tenant demand, and when coupled with the timing of this investment in the Phoenix office market s infant stages of recovery point to a healthy level of long term stability and upside potential. Surrounded by upscale housing Central Phoenix contains several large and established neighborhoods of high affluence. These neighborhoods include the Biltmore (surrounding the world famous Biltmore Hotel & Resort), Paradise Valley, Arcadia, North Central, the Willo Historic District, Encanto and the Phoenix Country Club. Homes in these areas typically range in value from $500,000 to in excess of $10 million. Executive Summary / 7

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9 Property Summary LAND / SITE SUMMARY Address: 3033 North Central, Suite 800 Phoenix, AZ Access Points: One along Earll Avenue Land Size: N/A Condo Plat Parcel: Zoning: Parking Ratio: C-2 City of Phoenix Includes 22 parking stalls in the secured adjacent garage ±4.0:1,000 square feet of usable office space BUILDING SPECIFICATIONS ±7,668 total square feet Condo Size: ±5,500 square feet of usable office space ±1,471 square feet of covered balcony space ±10% core factor Completion: 1960 and heavily renovated in 2007 Structure: Windows: Fire Prevention: Masonry Frame Aluminum frame casement storefront windows Built-in fire suppresion sprinkler system 9 / Property Summary Property Summary / 9

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18 2375 East Camelback Road, Suite 300 Phoenix, Arizona, main fax cushmanwakefield.com