mesa, az 85210 · address 213 s alma school rd mesa, az 85210 apn’s 134-05-003a; 004a; 005a size...

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213 S ALMA SCHOOL RD MESA, AZ 85210 INVESTMENT OFFERING • OWNER-USER INVESTMENT A 439,758 SF INDUSTRIAL YARD IN THE MESA SUBMARKET

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Page 1: MESA, AZ 85210 · Address 213 S Alma School Rd Mesa, AZ 85210 APN’s 134-05-003A; 004A; 005A Size ±439,758 Square Feet Site Area ±10.0954 Acres Site Dimension ±1,210’ x 363’

213 S ALMA SCHOOL RDMESA, AZ 85210

INVESTMENT OFFERING • OWNER-USER INVESTMENT

A 439,758 SF INDUSTRIAL YARD IN THE MESA SUBMARKET

Page 2: MESA, AZ 85210 · Address 213 S Alma School Rd Mesa, AZ 85210 APN’s 134-05-003A; 004A; 005A Size ±439,758 Square Feet Site Area ±10.0954 Acres Site Dimension ±1,210’ x 363’

S Alma School Rd (29,600 VPD)

W Birchw

ood Ave

2

INVESTMENT ADVISORS

Leroy BreinholtD 480.966.6593M [email protected]

Darin EdwardsD 480.214.1117M [email protected]

213 S ALMA SCHOOL RD | MESA, AZ 85210 INVESTMENT OFFERINGOWNER-USER INVESTMENT

Offering Memorandum Disclaimer

The material contained in this Investment Offering is furnished solely for the purpose of considering the purchase of the property within and is not to be used for any other purpose. This information should not, under any circumstances, be photocopied or disclosed to any third party without the written consent of Commercial Properties Inc (“CPI”) or Owner, or used for any purpose whatsoever other than to evaluate the possible purchase of the Property.

The only party authorized to represent the Property Owner (“Owner”) in connection with the sale of the Property is “CPI”, and no other person is authorized by the Owner to provide any information or to make any representations other than contained in this Investment Offering.

This Investment Offering may include certain statements and estimates by “CPI” with respect to the projected future performance of the Property. These assumptions may or may not be proven to be correct, and there can be no assurance that such estimates will be achieved. Further, “CPI” and the Owner disclaim any and all liability for representations or warranties, expressed or implied, contained in or omitted from this Investment Offering, or any other written or oral communication transmitted or made available to the recipient. The recipient shall be entitled to rely solely on those representations and warranties that may be made to it in any final, fully executed and delivered Real Estate Purchase Agreement between it and Owner.

The information contained herein is subject to change without notice and the recipient of these materials shall not look to Owner, “CPI”, nor any of their officers, employees, representatives, independent contractors or affiliates, for the accuracy or completeness thereof. Recipients of this Investment Offering are advised and encouraged to conduct their own comprehensive review and analysis of the Property.

Page 3: MESA, AZ 85210 · Address 213 S Alma School Rd Mesa, AZ 85210 APN’s 134-05-003A; 004A; 005A Size ±439,758 Square Feet Site Area ±10.0954 Acres Site Dimension ±1,210’ x 363’

Address213 S Alma School RdMesa, AZ 85210

APN’s 134-05-003A; 004A; 005ASize ±439,758 Square FeetSite Area ±10.0954 AcresSite Dimension ±1,210’ x 363’Yard Type Contractor Storage YardZoning GIOffering Price $2,995,000Year 1 NOI $230,016Proforma NOI $331,908

Commercial Properties, Inc is pleased to offer the sale of 213 S Alma School Rd (“the Property”), an approximately 439,758 square foot industrial yard located in Mesa, AZ. Situated on just over 10 acres of land, the multi-tenant Property sits in the Mesa Downtown Submarket just north of Broadway and Alma School Roads.

The Property has on-site water, sewer, power with ingress/egress through gated fence off of South Alma School Road and has approximately 363’ of frontage.

The offering is a highly attractive opportunity to acquire land with flexible size options to accommodate multiple uses and users. The Property is fenced and offers the convenience of covered concrete areas as well as enclosed metal warehouses.

This is a great opportunity for either an owner-user/investor to own an investment with income and potential for future growth. All tenants are month to month giving the buyer complete flexibility for expansion or future development.

•GreatLocation:Downtown Mesa Submarket & 15 min to Phoenix Sky Harbor International Airport. Easy access to US-60, Loop 202, & Loop 101 Freeways. An 11 minutes walk from the Valley Metro Light Rail.

•HighVisibility:Approximately 29,600 cars pass the property on Alma School Road per day.

• BroadTenantsInclude:- Imperial Trailer Sales (90,373 SF)- 5 Star Towing (44,056 SF)- RY O’Claire (12,000 SF)

•GrowingDemographics:5 mile 2019 Population: 408,8725 mile 2024 Population: 441,678(Expected 8.02% Increase)Source: CoStar

Property Highlights

Walk Score

55Bike Score

78Very

WalkableBikeable Location

Transit Score

52Nearby Public Transportation

COMMERCIAL PROPERTIES INCORPORATED // TEMPELEROY BREINHOLT DARIN EDWARDS

3213 S ALMA SCHOOL RD | MESA, AZ 85210 INVESTMENT OFFERINGOWNER-USER INVESTMENT

INVESTMENT SUMMARY

Page 4: MESA, AZ 85210 · Address 213 S Alma School Rd Mesa, AZ 85210 APN’s 134-05-003A; 004A; 005A Size ±439,758 Square Feet Site Area ±10.0954 Acres Site Dimension ±1,210’ x 363’

LOCATION OVERVIEW

FIESTA VILLAGESHOPPING CENTER

CARSON JR HIGH SCHOOL

WESTWOOD HIGH SCHOOL

WHITTIER ELEMENTARY

SCHOOL

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SCOTTSDALE

MESA

SUBJECT

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COMMERCIAL PROPERTIES INCORPORATED // TEMPELEROY BREINHOLT DARIN EDWARDS

5213 S ALMA SCHOOL RD | MESA, AZ 85210 INVESTMENT OFFERINGOWNER-USER INVESTMENT

Page 5: MESA, AZ 85210 · Address 213 S Alma School Rd Mesa, AZ 85210 APN’s 134-05-003A; 004A; 005A Size ±439,758 Square Feet Site Area ±10.0954 Acres Site Dimension ±1,210’ x 363’

Business EnvironmentMesa: A Smart Location for Intelligent Companies

With a population of over 500,000, Mesa, Arizona is the 35th largest city in the United States and second largest in the Phoenix-Mesa metro area and is larger than Miami, Minneapolis, Atlanta and St. Louis. Mesa encompasses 138 square miles inside a 21-city region that has a population of 4.7 million people, and is projected to grow to 6 million by 2030.

Mesa Offers• A diverse and sustainable economy that features a balance of

base industries that create high quality jobs.

• An educated workforce.

• A partnership of government and industry that considers next generation technologies and products as economic opportunities.

• Business people who see Mesa as their home and the world as their marketplace.

Highways And Ground FreightMesa is a city on the move with an abundance of freeways, highways and state routes strategically located along commerce corridors and current and future population centers. The 101 runs along Mesa’s west border and the Loop 202 circles the interior of Mesa. US 60 and SR 87 intersect in Mesa and minutes away are Interstates 10, 17 and 8, plus state routes 51, 74, 85 and 88 linking Mesa to other Arizona markets, California and Mexico.

CITY OF MESA OVERVIEW

500,000Half a million people live in Mesa, Arizona.

35thlargest city in the U.S. Larger than Miami, Minneapolis, and Atlanta.

2nd largest city in Phoenix-Mesa metro. 3rd largest in Arizona.

1.4m workforce population within a 30-minute drive.

COMMERCIAL PROPERTIES INCORPORATED // TEMPELEROY BREINHOLT DARIN EDWARDS

6213 S ALMA SCHOOL RD | MESA, AZ 85210 INVESTMENT OFFERINGOWNER-USER INVESTMENT

Page 6: MESA, AZ 85210 · Address 213 S Alma School Rd Mesa, AZ 85210 APN’s 134-05-003A; 004A; 005A Size ±439,758 Square Feet Site Area ±10.0954 Acres Site Dimension ±1,210’ x 363’

Phoenix-MesaGateway Airport

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FreewayHighwayLight RailRailAirport

COMMERCIAL PROPERTIES INCORPORATED // TEMPELEROY BREINHOLT DARIN EDWARDS

7213 S ALMA SCHOOL RD | MESA, AZ 85210 INVESTMENT OFFERINGOWNER-USER INVESTMENT

Page 7: MESA, AZ 85210 · Address 213 S Alma School Rd Mesa, AZ 85210 APN’s 134-05-003A; 004A; 005A Size ±439,758 Square Feet Site Area ±10.0954 Acres Site Dimension ±1,210’ x 363’

213 S ALMA SCHOOL RDMESA, AZ 85210

INVESTMENT OFFERING • OWNER-USER INVESTMENT

A 439,758 SF INDUSTRIAL YARD IN THE MESA SUBMARKET

INVESTMENT ADVISORS

LeroyBreinholtD 480.966.6593M [email protected]

DarinEdwardsD 480.214.1117M [email protected]