9240 W. Union Hills Dr Peoria, AZ
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1 Owner/User Opportunity 9240 W. Union Hills Dr Peoria, AZ Office Condominium Sales Price: $802,900 ($ PSF) For More Information, Please Contact: Eric Butler Vice President D: M: Phill Tomlinson Sales & Leasing Consultant D: M:
2 Map
3 Aerial SITE UNION HILLS DRIVE 75TH AVENUE 87TH AVENUE 91ST AVENUE Arrowhead Town Center BELL ROAD UNION HILLS DRIVE
4 Tenant Summary Rent Roll Income & Expense Summary Suite Tenant RSF Lease Start Lease End Ann. Rent Mon. Rent Rent PSF Type Comments 100 Vacant 3, American Family Insurance 1,147 10/1/13 11/14/16 $24,615 $2,051 $21.46 Full Ian Desmond Service James Chernek Gross All normal Operating Expenses included (i.e. Property Taxes, Insurance, CAMs & Utilities. Leesse responsbile for its own janitorial. Total RSF 4, % Tota Vacant 3,441 75% Total Occupied 1,147 25% The information contained herein has been obtained from various sources. We have no reason to doubt its accuracy; however, J & J Commercial Properties, Inc. has not verified such information and makes no guarantee, warranty or representation about such information. The prospective buyer or lessee should independently verify all dimensions, specifications, floor plans, and all information prior to the lease or purchase of the property. All offerings are subject to prior sale, lease, or withdrawal from the market without prior notice.
5 Investment Summary Opportunity Highlights The Property 9240 W. Union Hills Drive - Peoria, AZ Summary - ± 4,588 SF Office Condominium - Located on Union Hills Dr., West of 91st Ave. - Parcel: Zoning: O-1 Office-Commercial, City of Peoria , Wood Construction - 5/1,000 Parking Ratio - Frontage on Union Hills Drive - High-End Finished - 3 Private Restrooms - Covered Parking - Less Than 1 Mile to Loop Established Landscaping Sales Price: $802,900 ($ PSF) The information contained herein has been obtained from various sources. We have no reason to doubt its accuracy; however, J & J Commercial Properties, Inc. has not verified such information and makes no guarantee, warranty or representation about such information. The prospective buyer or lessee should independently verify all dimensions, specifications, floor plans, and all information prior to the lease or purchase of the property. All offerings are subject to prior sale, lease, or withdrawal from the market without prior notice.
6 Project Overview Floor Plan The information contained herein has been obtained from various sources. We have no reason to doubt its accuracy; however, J & J Commercial Properties, Inc. has not verified such information and makes no guarantee, warranty or representation about such information. The prospective buyer or lessee should independently verify all dimensions, specifications, floor plans, and all information prior to the lease or purchase of the property. All offerings are subject to prior sale, lease, or withdrawal from the market without prior notice.
7 Market Overview Peoria At A Glance Peoria at a Glance Peoria boasts 160,000 residents, who in a 2013 Citizen Survey, 98 percent Peoria residents said they would recommend living in Peoria to anyone who asks! To regular vacationers and smart home buyers, Peoria has long been one of the most desirable locations in the Grand Canyon State. Located in the Peoria 83 (P83) Entertainment District, Arizona Broadway Theatre is a professional fine dining theater performing highly acclaimed Broadway shows. The Center for the Performing Arts is located in the City s Old Town area and is the stage home of Theater Works, a nationally recognized community theater. Peoria is ideally located for the sport and recreation enthusiast. Each spring, the Peoria Sports Complex becomes the spring training home to the San Diego Padres and the Seattle Mariners. There are four spring training sites within 10-miles of Peoria, so catching a Cactus League Spring Training game is easy. If you are a fan of the NBA, MLB, NFL, NHL, NASCAR or major college sports, Peoria puts you minutes away from seeing your favorite team or driver. If you like playing in a park, then Peoria is the place for you! Peoria offers two regionally recognized community parks and 33 neighborhood parks. Rio Vista Recreation Center and Park is a 52-acre park in the heart of Peoria that boasts an urban fishing lake, top notch skate park, volleyball and softball fields, batting cages, ramadas, and a state of the art recreation facility. In the southern part of the city is Pioneer Community Park, an 84-acre facility with athletic fields, 5-acre fishing lake, and a dog park. Looking to get out and stretch the legs? Peoria has over 25 miles of trails to enjoy. Hike, bike or jog along the New River Trail, or go explore the surrounding desert and see incredible vistas and areas where ancient civilizations once lived. Peoria offers a unique desert and water experience. Lake Pleasant and Lake Pleasant Regional Park is located in north Peoria. With more than 10,000 acres of water and 13,600 acres of land, this popular attraction is the perfect place for water sports, desert camping, hiking and wildlife watching. With its beautiful vistas, great schools, outstanding communities and recreational opportunities, you can see why so many people recommend Peoria s quality of life for their family. Source: Population: 166,113 Median Household Income: $63,542 Median Age: 39 Planning Area: 180 sq. Miles Source: The information contained herein has been obtained from various sources. We have no reason to doubt its accuracy; however, J & J Commercial Properties, Inc. has not verified such information and makes no guarantee, warranty or representation about such information. The prospective buyer or lessee should independently verify all dimensions, specifications, floor plans, and all information prior to the lease or purchase of the property. All offerings are subject to prior sale, lease, or withdrawal from the market without prior notice.
8 Confidentiality Memorandum The information on Northpointe Corporate Center ( Property ) provided by Commercial Properties, Inc. ( CPI ), may be used only by parties approved by CPI and the Owner. The property is privately offered and, by accepting this Offering Memorandum, the party in possession hereof agrees (i) to return it to CPI, immediately upon request of CPI or the Owner and; (ii) that this Offering Memorandum and its contents are of a confidential nature and will be held and treated in the strictest confidence. No portion of this Offering Memorandum may be copied or otherwise reproduced or disclosed to anyone without the prior written authorization of CPI. The information contained in this Offering Memorandum is confidential, furnished solely for review purposes by a prospective purchaser of the Property and is not to be used for any other purpose or made available to any other person without the expressed written consent of CPI. This information is presented to you for your analysis only to determine if you are interested in pursuing this investment opportunity as Principals. The material is based in part upon information supplied by the Owner and in part upon information obtained by CPI from sources it deems reasonably reliable. Summaries of any documents are not intended to be comprehensive or all-inclusive, but rather only outlines of some of the provisions contained herein. No warranty or representation, expressed or implied, is made by the Owner, CPI, or any of their respective affiliates as to the accuracy or completeness of the information contained herein or as to engineering and environmental matters. Prospective purchasers should make their own projections and conclusions without reliance upon the material contained herein and conduct their own independent due diligence, including but not limited to, engineering and environmental inspections, to determine the condition of the Property and the existence of any potentially hazardous materials on the property. The Owner expressly reserves the right, at its sole discretion, to reject any and all expressions of interest, or offers to purchase the Property and/or terminate discussions with any party at any time, with or without notice. The Owner shall have no legal commitment or obligation to any purchaser reviewing this Offering Memorandum or making an offer to purchase the Property, unless a written agreement for the purchase of the Property has been fully executed, delivered, and approved by the Owner and any conditions to the Owner s obligations thereunder have been satisfied or waived. CPI is not authorized to make any representations or agreements on behalf of the Owner. The terms and conditions set forth apply to the Offering Memorandum in its entirety. CPI, is acting as the exclusive Agent for the Owner in this transaction. It is important to understand that this confidential memorandum shall not be deemed a representation of the state of affairs of the property, or constitute an indication that there has been no change in the business or affairs of the property since the date of preparation of this memorandum. The information contained herein has been obtained from various sources. We have no reason to doubt its accuracy; however, J & J Commercial Properties, Inc. has not verified such information and makes no guarantee, warranty or representation about such information. The prospective buyer or lessee should independently verify all dimensions, specifications, floor plans, and all information prior to the lease or purchase of the property. All offerings are subject to prior sale, lease, or withdrawal from the market without prior notice. For More Information, Please Contact: Eric Butler Vice President D: M: ebutler@cpiaz.com Phill Tomlinson Sales & Leasing Consultant D: M: ptomlinson@cpiaz.com
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