N o r t h B a y C o m m e r c i a l R e a l E s t a t e • 1 0 0 S t o n y P o i n t R o a d S u i t e 2 5 0 • S a n t a R o s a , 9 5 4 0 1 • h t t p s : / / n b c r e . c o m
Dale Dockins, CCIM707.521.3500 [email protected]
OFFERING SUMMARY
Sale Price: $2,450,000
Cap Rate: 7.36%
NOI: $180,406
Lot Size: 1.1 Acres
Year Built: 2002
Building Size: 13,349
Zoning: Office
Market: Phoenix North
Submarket: Carefree
Price / SF: $183.53
Very unique property contains three separate buildings in top Carefreelocation. Anchor tenants National Bank of Arizona and First American Title.Newer roofs with warranty and covered parking. Rents have adjusted to themarket so there will be future upside in rents. There are 10 tenants.
Adjacent to Carefree Marketplace - Bashas' Market and ACE Hardware
PROPERTY OVERVIEW
EXECUTIVE SUMMARY CAREFREE BUSINESS CENTER
7202 E. CAREFREE DRIVE, CAREFREE, AZ 85331Office Building For Sale
N o r t h B a y C o m m e r c i a l R e a l E s t a t e • 1 0 0 S t o n y P o i n t R o a d S u i t e 2 5 0 • S a n t a R o s a , 9 5 4 0 1 • h t t p s : / / n b c r e . c o m
Dale Dockins, CCIM707.521.3500 [email protected]
ADDITIONAL PHOTOS CAREFREE BUSINESS CENTER
7202 E. CAREFREE DRIVE, CAREFREE, AZ 85331Office Building For Sale
N o r t h B a y C o m m e r c i a l R e a l E s t a t e • 1 0 0 S t o n y P o i n t R o a d S u i t e 2 5 0 • S a n t a R o s a , 9 5 4 0 1 • h t t p s : / / n b c r e . c o m
Dale Dockins, CCIM707.521.3500 [email protected]
SITE PLAN CAREFREE BUSINESS CENTER
7202 E. CAREFREE DRIVE, CAREFREE, AZ 85331Office Building For Sale
N o r t h B a y C o m m e r c i a l R e a l E s t a t e • 1 0 0 S t o n y P o i n t R o a d S u i t e 2 5 0 • S a n t a R o s a , 9 5 4 0 1 • h t t p s : / / n b c r e . c o m
Dale Dockins, CCIM707.521.3500 [email protected]
RETAILER MAP CAREFREE BUSINESS CENTER
7202 E. CAREFREE DRIVE, CAREFREE, AZ 85331Office Building For Sale
N o r t h B a y C o m m e r c i a l R e a l E s t a t e • 1 0 0 S t o n y P o i n t R o a d S u i t e 2 5 0 • S a n t a R o s a , 9 5 4 0 1 • h t t p s : / / n b c r e . c o m
Dale Dockins, CCIM707.521.3500 [email protected]
LOCATION MAPS CAREFREE BUSINESS CENTER
7202 E. CAREFREE DRIVE, CAREFREE, AZ 85331Office Building For Sale
N o r t h B a y C o m m e r c i a l R e a l E s t a t e • 1 0 0 S t o n y P o i n t R o a d S u i t e 2 5 0 • S a n t a R o s a , 9 5 4 0 1 • h t t p s : / / n b c r e . c o m
Dale Dockins, CCIM707.521.3500 [email protected]
POPULATION 1 MILE 5 MILES 10 MILESTotal population 1,097 24,248 83,252
Median age 58.8 52.6 45.9
Median age (Male) 59.7 52.9 46.1
Median age (Female) 58.6 52.8 45.8
HOUSEHOLDS & INCOME 1 MILE 5 MILES 10 MILESTotal households 527 10,374 33,216
# of persons per HH 2.1 2.3 2.5
Average HH income $154,268 $133,855 $131,885
Average house value $731,564 $689,221 $599,956
ETHNICITY (%) 1 MILE 5 MILES 10 MILESHispanic 0.8% 4.0% 5.1%
RACE (%)White 98.7% 96.6% 94.1%
Black 0.0% 0.5% 1.1%
Asian 0.6% 1.1% 2.7%
Hawaiian 0.0% 0.0% 0.0%
American Indian 0.0% 0.1% 0.1%
Other 0.5% 0.9% 1.0%
* Demographic data derived from 2010 US Census
DEMOGRAPHICS MAP CAREFREE BUSINESS CENTER
7202 E. CAREFREE DRIVE, CAREFREE, AZ 85331Office Building For Sale
This document has been prepared by North Bay Commercial Real Estate, Inc. (NBCRE) for advertising and general information only. NBCRE makes no guarantees, representations or warranties of any kind, expressed or implied, regarding the information including, but not limited to, warranties of content, accuracy and reliability. Any interested party should undertake their own inquiries as to the accuracy of the information. NBCRE excludes unequivocally all inferred or implied terms, conditions and warranties arising out of this document and excludes all liability for loss and damages arising there from. This publication is the copyrighted property of North Bay Commercial Real Estate, Inc. © 2018. All rights reserved.
DISCLAIMER 2018 CAREFREE BUSINESS CENTER
7202 E. CAREFREE DRIVE, CAREFREE, AZ 85331Office Building For Sale
N o r t h B a y C o m m e r c i a l R e a l E s t a t e • 1 0 0 S t o n y P o i n t R o a d S u i t e 2 5 0 • S a n t a R o s a , 9 5 4 0 1 • h t t p s : / / n b c r e . c o m
Dale Dockins, CCIM707.521.3500 [email protected]