3951 E. Columbia Street Tucson, Arizona
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1 SINGLE TENANT INVESTMENT Property Highlights Single Tenant Triple Net Investment located in. Tenant: Sun Mechanical Lease Expires: June 30, 2023 Triple Net Lease Tenant responsible for all maintenance, utilities, insurance and real estate taxes. 32,391 SF Triple Net Leased Investment Sale Price: $3,900,000 Price: $3,900,000 Cap Rate: 6.6%. Buildings Constructed in 1997 (Main), 1994 (Ship Office) & 2016 (Warehouse) Robert Glaser, CCIM, SIOR Principal, Industrial Properties PICOR Commercial Real Estate Services 1100 N. Wilmot Road, Suite phone: Cushman & Wakefield Copyright 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 picor.com
2 FINANCIAL INFORMATION Rent Roll Tenant Overview Tenant Structure Lease Term Rent Sun Mechanical 3951 E Columbia Main Facility 6 Years (Expires 6/30/2023) $17,000/Monthly Level Rent 4058, 4101 & 4151 Contractors Way Warehouse, Parts Building & Storage Yard $4,371/Monthly with 3% Annual Increases Annual NOI $256,452 For more information, contact: Robert Glaser, CCIM, SIOR Principal, Industrial Properties rglaser@picor.com Established in 1977, Sun Mechanical Contracting, Inc. is an Arizona-based full service mechanical contracting and construction firm with offices/plant facilities in Tucson and Phoenix. With a reputation of excellence for four decades, they design, engineer, fabricate and install projects using a collective experience and level of expertise that few mechanical contractors have. Sun employs over 250 skilled tradesmen in the field and has strong financial stability. Visit for additional information on the Company. PICOR Commercial Real Estate Services 1100 N. Wilmot Road, Suite phone: picor.com
3 PROPERTY DESCRIPTION Main Building Specifications: Size: Construction: Roof: Fire Protection: Heating and Cooling: Power: Data and Technology: Year Built: Loading: Amenities: Clear Heights: 26,091 SF Tilt up Concrete Built Up Asphalt with Elastomeric Coating. Last coated 2.5 years ago. Sprinklered 30 Tons (Approximately) Largest Unit is new. 2,000 Amps, 480 Volt, 3 Phase T1 Digital Transmission Lines Buildings Constructed in 1997 (Main) Six (6) Grade Level Doors Beautifully Landscaped Entrances, Paved Drives, Kitchenette, Conference Rooms, Metal Awnings, Outside Break Patio & Fenced Yard 20 Clear to Bottom of Trusses Site Features: Site Size: Parking: Zoning: 4.26 Acres 77 Spaces (36 Covered) plus additional site parking CI-2 (Pima County)
4 PROPERTY DESCRIPTION Shop Building Specifications: Size: Power: Loading: 1500 SF 200 Amps One (1) Grade Level Year Built: 1994 Small Warehouse Specifications: Size: Power: Loading: 4,800 SF None One (1) Grade Level Year Built: 2016
5 EXECUTIVE OFFICE PHOTOS
6 OPERATION PHOTOS
7 EXTERIOR PHOTOS
8 AJO WAY AERIAL PHOTOS CONTRACTORS WAY COLUMBIA STREET
9 FLOOR PLANS
10 SITE PLAN
11 LOCATION MAP
12 TUCSON, ARIZONA OVERVIEW 3 rd Largest Greater Tucson was recently named the third fastestgrowing metro by Bloomberg. $3 Billion The forecasted economic impact of recent employment announcements. Population and Demographics Tucson is the second-largest city in Arizona with a population of 653,359. It is the largest city in Pima County, which totals million residents. Located 60 miles from the U.S.-Mexico border, Tucson is expected to grow to 727,392 residents by 2020 (1.335 million in Pima County). Median age is 32.5 years (2014) Median household income is $45,600 (2015) Median household income projection is $51,600 (2020) Economic Development Innovation is a key word when it comes to Tucson economic development. Forbes has called it one of America s Most Innovative Cities. Tucson has the highest concentration of startups of any U.S. city its size and is ranked as a Top Five City for Entrepreneurs by Entrepreneur Magazine. Metro Tucson is a hub for optics and science. Biotech and other science clusters flourish in the UA Tech Park, BioPark and Innovation Park. Tourism is a key economic driver as well. Tucson is known for its world-class health spas, more than 20 golf courses, and numerous natural attractions, museums, missions and cultural history. MAJOR TUCSON EMPLOYERS University of Arizona Cryacom Raytheon IBM Caterpillar, Inc. Sundt Arizona Community Physicians B/E Aerospace Agero CAID Freeport-McMoran Copper & Gold Honeywell Carondolet Port of Tucson Intuit ManTech Ascent Aviation Services Cox Communications Tucson Medical Center General Dynamics Asarco Group Mexico PSE Archery Walbro MineSight Modular Sargent Aerospace & Defense Union Pacific SAIC Texas Instruments Universal Avionics Systems The Offshort Group Corporation Redar Northrop Grumman
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