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45654 W Edison Rd - Office Building #1

32,000 SF Office Building Offered at $19,000,000 at a 6.25% Cap Rate in Maricopa, AZ

Highlights

  • Build to Suit Purchase and Lease space available
  • Flexibility of use and product mix is very high
  • Good working relationship with City of Maricopa

Investment Summary

Shane Cook and MHG Commercial are pleased to present this opportunity in the City of Maricopa where growth is outpacing available space and there is an employment base yearning to reduce their commuting times to Chandler or Phoenix. Under the leadership of Realtor Shane Cook, Developer Joe Cook, and the team at Construction Solutions Company, the Estrella Gin Business Park will be the Hub for business development and growth in the City of Maricopa. The opportunities are endless for the type of space we can create to match your company’s needs and the employment base available here.

Encompassing about 32 acres, the property is conveniently located, just West of the 347 on Edison Rd, across the street from New Fire and Police facilities under construction. It is less than a mile off the main thoroughfare, the State route 347, with two different roads accessing the property from the Northwest and the Southeast. Estrella Gin Business Park has high visibility and frontage along Edison, and our flexibility can help you capture the value created with the visibility and access. It is currently zoned light industrial with the ability rezone to allow for a large variety of uses and allocates the Estrella Gin Business park the opportunity to capitalize on the lack of building space available for the local and national businesses that want to locate in the City of Maricopa.

Offering available lease space (1000 sq ft and up) with buildings coming soon or Build to Suit opportunities from 10,000 sq ft and up. With a list developing already for interested tenants and building owners, we expect to break ground on our first building early 2020. Additional construction to begin on an as needed basis, lease or build to suit.

The Offering

  • Listing ID: 16666041
  • Date Created: 7/19/2019
  • Last Updated:

About 45654 W Edison Rd , Maricopa, AZ 85139

The Estrella Gin Business Park Site is a 50+ 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. Offering: Lease space and Build to suit available across multiple product types Office, 1,500 - 100,000+ sqft Flex/Manufacturing/Retail, 2,500 - 150,000+ sqft Warehouse/Distribution 10,000 - 80,000 sqft 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

Links

all available Space(4)

Display Rental Rate as

  • Space
  • Size
  • Term
  • Rate
  • Space Use
  • Condition
  • Available
  • 1st Fl-Ste A
  • 3,000-8,000 SF
  • 7-15 Yrs
  • $28.00 /SF/YR $301.39 /SM/YR $2.33 /SF/MO $25.12 /SM/MO $18,667 /MO $224,000 /YR
  • Office
  • Shell Space
  • Oct 2020
  • 1st Fl-Ste B
  • 3,000-8,000 SF
  • 7-15 Yrs
  • $28.00 /SF/YR $301.39 /SM/YR $2.33 /SF/MO $25.12 /SM/MO $18,667 /MO $224,000 /YR
  • Office
  • Shell Space
  • Now
  • 2nd Fl-Ste C
  • 3,000-8,000 SF
  • 7-15 Yrs
  • $28.00 /SF/YR $301.39 /SM/YR $2.33 /SF/MO $25.12 /SM/MO $18,667 /MO $224,000 /YR
  • Office
  • Shell Space
  • Oct 2020
  • 2nd Fl-Ste D
  • 3,000-8,000 SF
  • 7-15 Yrs
  • $28.00 /SF/YR $301.39 /SM/YR $2.33 /SF/MO $25.12 /SM/MO $18,667 /MO $224,000 /YR
  • Office
  • Shell Space
  • Oct 2020

1st Fl-Ste A

Size
3,000-8,000 SF
Term
7-15 Yrs
Rate
$28.00 /SF/YR $301.39 /SM/YR $2.33 /SF/MO $25.12 /SM/MO $18,667 /MO $224,000 /YR
Space Use
Office
Condition
Shell Space
Available
Oct 2020

1st Fl-Ste B

Size
3,000-8,000 SF
Term
7-15 Yrs
Rate
$28.00 /SF/YR $301.39 /SM/YR $2.33 /SF/MO $25.12 /SM/MO $18,667 /MO $224,000 /YR
Space Use
Office
Condition
Shell Space
Available
Now

2nd Fl-Ste C

Size
3,000-8,000 SF
Term
7-15 Yrs
Rate
$28.00 /SF/YR $301.39 /SM/YR $2.33 /SF/MO $25.12 /SM/MO $18,667 /MO $224,000 /YR
Space Use
Office
Condition
Shell Space
Available
Oct 2020

2nd Fl-Ste D

Size
3,000-8,000 SF
Term
7-15 Yrs
Rate
$28.00 /SF/YR $301.39 /SM/YR $2.33 /SF/MO $25.12 /SM/MO $18,667 /MO $224,000 /YR
Space Use
Office
Condition
Shell Space
Available
Oct 2020

Attachments

Marketing Booklet

Financial Summary (Pro forma - 2020)

Annual Annual Per SF
Gross Rental Income $1,186,332 37.07
Other Income - -
Vacancy Loss - -
Effective Gross Income $1,186,332 37.07
Net Operating Income - -

Major Tenant Information

Tenant SF Occupied Lease End Date
Tbd -

Amenities

  • Air Conditioning

Airport

Phoenix Sky Harbor International Airport
43 min drive 30.1 mi
Walk Score ®
Car-Dependent (7)
Bike Score ®
Somewhat Bikeable (31)
What is a Walk Score®, Transit Score® & BikeScore®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

zoning

Zoning Code Light Industrial

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