investment offering leased executive offices price reduced · picor commercial real estate 5151 e....
TRANSCRIPT
INVESTMENT OFFERING Leased Executive Offices 4570 N. 1st Avenue, Suite 120 Tucson, AZ 85718
PICOR Commercial Real Estate
5151 E. Broadway Blvd, Suite 115
Tucson, Arizona 85711
+1 520 748 7100
picor.com
Richard M. Kleiner, MBA, Principal Commercial Properties
+1 520 546 2745
12/20/2018
PRICE REDUCED
2 Cushman & Wakefield | PICOR
0 ACRES
• $147,000 pro-forma NOI
• 9.5% Cap based on $34/ SF Gross Rent
• 98% leased executive offices
• Investment package available upon request
Address 4570 N. 1st Avenue
Units 16-21, 23, 24
Land Size 1.21 Acres
Zoning C-2, City of Tucson
Property Features
Website http://www.ceo-concierge.com/contact.html provides comprehensive details
regarding:
Furnished and unfurnished offices, beautiful entrance and lobby
Rent office space by the year, month, day or hour, day
Avoid the cost of a full-time physical office; on-site full time Receptionist to greet your
clients
Seminar room with 30 person capacity & spacious conference room with 10 person
capacity
Mail and package handling, Fax, copier, scan and print services, video conferencing
Free custodial services and free convenient parking
Adjacent to Rillito River pedestrian path – ride your bike to work!
Owner can occupy premises if desired as lease terms rollover
Spacious break room, vending machines plus coffee and tea
Executive Summary
2002 YEAR BUILT
7,272 SF RENTABLE AREA
98% OCCUPANCY
$1,550,000M SALE PRICE
9.5% CAP RATE
$213 PRICE PSF
Highlights
12/20/2018
• Concierge Executive Offices, Inc. - highly profitable established executive
suites available for investor purchase.
• On-site management facilitates absentee or local ownership.
• Increase current NOI through providing additional services for tenants.
• Investment package for qualified investors available upon request.
• Owner can occupy premises if desired as lease terms rollover
3 Cushman & Wakefield | PICOR
4570 N. 1st Avenue, Suite 120
Floor Plan
Executive Offices, Training Room, Seminar Room,
Conference Room and Meeting Room
12/20/2018
Website http://www.ceo-concierge.com/contact.html provides comprehensive details
regarding:
Furnished and unfurnished offices, beautiful entrance and lobby
Rent office space by the year, month, day or hour, day
Avoid the cost of a full-time physical office; on-site full time Receptionist to greet your clients
Seminar room with 30 person capacity & spacious conference room with 10 person capacity
Mail and package handling, Fax, copier, scan and print services, video conferencing
Free custodial services and free convenient parking
Adjacent to Rillito River pedestrian path – ride your bike to work!
Owner can occupy premises if desired as lease terms rollover
Spacious break room, vending machines plus coffee and tea
4 Cushman & Wakefield | PICOR
1s
t A
ve
Rillito Regional Park
Rillito Park
Race Track The Loop
The Loop
SUBJECT
4570 N. 1st Avenue, Suite 120
12/20/2018
Aerial
5 Cushman & Wakefield | PICOR
Grant Rd
AERIAL VIEW
Speedway Blvd
Wetmore Rd
Fort Lowell Rd
Prince Rd
Ca
mp
be
ll A
ve
Co
un
try C
lub
Rd
4570 N. 1st Ave
Ora
cle
Rd
1st A
ve
Rillito
Regional Park
Grant Rd
1st A
ve
5 Cushman & Wakefield | PICOR
Holy Hope
Cemetery
Evergreen
Cemetery