Maricopa, AZ 85139,45654 W Edison Road
Maricopa, AZ 85139,45654 W Edison Road
Maricopa, AZ 85139,45654 W Edison Road
Maricopa, AZ 85139,45654 W Edison Road
Maricopa, AZ 85139,45654 W Edison Road
Maricopa, AZ 85139,45654 W Edison Road
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$3,038,880

$3,100,000

2.0%
Est.Price: ?

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Est. payment /mo

1 Acres Lot


SOLD DATE : 05/13/2022

Key Details

Sold Price $3,038,880

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

Subdivision Estrella Gin Business Park

MLS Listing ID 6156602

Sold Date 05/13/22

Originating Board Arizona Regional Multiple Listing Service (ARMLS)

Year Built 2021

Annual Tax Amount $56

Tax Year 2019

Lot Size 1.000 Acres

Acres 1.0

Property Description

This is a prime investment opportunity with a great tenant in place for occupancy as construction of the building is complete in May of 22'. Very strong tenant has a 7 year NNN lease in place with annual escalations and two, five year options to renew.

Estrella Gin Business Park, Maricopa, AZ 85139
Lease space and Build To Suit available across multiple product types
Office, 1,500 - 100,000+ sqft $28-$32 psf, Vanilla Shell
Flex/Manufacturing/Retail, 2,500 - 150,000+ sqft $18-$23 psf, Grey Shell
Warehouse/Distribution 10,000 - 80,000 sqft $8-$9 psf, Dark Shell

See more.... for more information This is a prime investment opportunity with a great tenant in place for occupancy as construction of the building is complete. Infrastructure construction to start in January 2021 with construction of this building to follow directly behind the infrastructure and utilities. Very strong tenant has a 7 year NNN lease in place with annual escalations and two, five year options to renew. In addition to this office building, construction on one of the Flex-Office Buildings along the East side of the property will also commence in 2021, probably quarter 2.

Estrella Gin Business Park, Maricopa, AZ 85139
Lease space and Build To Suit available across multiple product types
Office, 1,500 - 100,000+ sqft $28-$32 psf, Vanilla Shell
Flex/Manufacturing/Retail, 2,500 - 150,000+ sqft $18-$23 psf, Grey Shell
Warehouse/Distribution 10,000 - 80,000 sqft $8-$9 psf, Dark Shell

Office Building A2 is also for Sale as an investment with a tenant on 7 year lease with 2 extension options.

The Estrella Gin Business Park Site is a 30+ acre, city and privately owned group of parcels located just west of the intersection of Edison Road and Roosevelt Avenue. Edison Road has been extended through the site to provide access to Highway 238 & John Wayne Parkway. The Maricopa City Council has approved the extension of a 16" water main down Highway 238 west of its present location another three miles, which will allow for similar services to this site.

The Zoning of Light Industrial and the City of Maricopa's desire for Office, Flex, and Industrial space availability will allow for a very diverse set of uses. The city has already completed a fire station on the South West end of Estrella Gin Business Park and has a Public Works Building under construction.

Lot size:
+/- 32 Acre Development

Cross Streets:
Just west of the intersection of Edison Road and Roosevelt Avenue

The ideal location for your business to locate in the Maricopa and Pinal County areas. With a lack of Office, Flex/Manufacturing, & Warehouse/Distribution space available for build to suit or lease opportunities, The Estrella Gin Business Park is the perfect location for your business needs. With over 50% of the population within 15 minute drive having to commute for over 30 minutes, there is over 10,000 ACS Workers Age 16+ wishing there was better employment located right here in the City of Maricopa instead of 30 minutes away

Location

State AZ

County Pinal

Community Estrella Gin Business Park

Zoning Light Industria

Direction West from John Wayne Parkway & Edison to Estrella Parkway. Building to be on the NWC of this intersection.

Interior

Heating Electric

Cooling Central A/C

Flooring Concrete

Exterior

Parking Features Public Parking

Fence None

Roof Type Foam, Other, See Remarks

Present Use Mixed Use, Office

Total Parking Spaces 1375

Building

Sewer Public Sewer

Water Private Franchise

New Construction No

Others

Senior Community No

Tax ID 510-17-018

Financing Cash

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Arizona Regional MLS (ARMLS)
Listed by eXp Realty
Bought with Non-MLS Office

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Rod Hofeling

Partner | Lic# LIC#BR112580000 (not required)

+1(602) 549-0169

1345 E Chandler Blvd Suite 219, Phoenix, AZ, 85048

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