for lease for sale · for lease for sale javier del carpio (480) 442-1031...

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FOR LEASE FOR SALE JAVIER DEL CARPIO (480) 442-1031 JAVIER.DELCARPIO@CALIBERCO.COM ARIZONACRE.COM/BAYWOOD BAYWOOD SQUARE PROFESSIONAL PARK 7165 E UNIVERSITY DR., MESA, AZ. OFFERING PRICE: $1,748,620 PACKAGE (12) BUILDING OFFICE CONDO DEVELOPMENT. FOR SALE BUILDING SHELL ONLY, LAND FOR LEASE FINISHED SPACE ALL OR PART - BUILD TO SUIT 1,140 SF TO 10,886 SF OFFICE AND MEDICAL ROY BADE (480) 295-7600 ROY.BADE@CALIBERCO.COM

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Page 1: FOR LEASE FOR SALE · FOR LEASE FOR SALE Javier Del Carpio (480) 442-1031 Javier.DelCarpio@CaliberCo.Com ARIZONACRE.COM/BAYWOOD BAYWOOD SQUARE PROFESSIONAL PARK 7165 E UNIVERSITY

F O R L E A S EF O R S A L E

Javier Del Carpio

(480) [email protected]

A R I Z O N AC R E . CO M / B AY W O O D

BAYWOOD SQUARE PROFESSIONAL PARK7165 E UNIVERSITY DR., MESA, AZ.

OFFERING PRICE: $1,748,620 PACKAGE(12) BUILDING OFFICE CONDO

DEVELOPMENT.

FOR SALE

BUILDING SHELL ONLY, LAND

FOR LEASE

FINISHED SPACE

ALL OR PART - BUILD TO SUIT

1,140 SF TO 10,886 SF

O F F I C E A N D M E D I C A L

roy baDe

(480) [email protected]

Page 2: FOR LEASE FOR SALE · FOR LEASE FOR SALE Javier Del Carpio (480) 442-1031 Javier.DelCarpio@CaliberCo.Com ARIZONACRE.COM/BAYWOOD BAYWOOD SQUARE PROFESSIONAL PARK 7165 E UNIVERSITY

arizonaCRE.Com/baywooD

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EAST MESA, AZ.: Baywood Square Professional Park office

condominiums are located within 3-10 minutes of four major

regional hospital medical campuses and the Power Road regional

business and retail corridor. The property is situated between Power

Rd and SR 101 on E University Dr. in Mesa, AZ. Business owners have

a large primary market bordered by Las Sendas master planned

community on the north and Superstition Springs Mall and Mesa

Gateway Airport on the south.

The Baywood Square property consists of twenty-three (23) single

level high quality office buildings spaciously planned on 6.2 acres.

Covered and plenty of surface parking is available for tenant staff,

clients and patients.

EXECUTIVE SUMMARY

Page 3: FOR LEASE FOR SALE · FOR LEASE FOR SALE Javier Del Carpio (480) 442-1031 Javier.DelCarpio@CaliberCo.Com ARIZONACRE.COM/BAYWOOD BAYWOOD SQUARE PROFESSIONAL PARK 7165 E UNIVERSITY

arizonaCRE.Com/baywooD

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TA B L EO F C O N T E N T S

# TITLE PAGE

I.

Property Overview

-For Lease Only

-For Lease or Purchase

-Developer Purchase Entire Development

-Developer Purchase

-Build To Suit Tenant Lease Program

04

II. Location Map 07

III. Property Pictures 08

IV. Area Demographics 10

V. Full Service Real Estate Investing 11

Scottsdale Office16074 n 78th Street

Suite b-104SCottSDale, az 85260480.295.7600CaliberCo.Com

[email protected]

Roy Bade(480) [email protected]

Javier Del Carpio(480) [email protected]

Nothing in this communication should be interpreted as it can be used to authenticate or become a contract or other legal document. The recipients, users and readers (recipients) of this information are

advised that the creator, Caliber Realty is not qualified to provide, and have not been contracted to provide, legal, financial, or tax advice, and that any such advice regarding any investment by the recipients must be obtained from the recipients’ attorney, accountant, or tax professional. By accepting delivery of this information, the recipient agrees that any information contained herein may change without notice.

Information is deemed reliable but not guaranteed.Client is responsible for his own financial, market and physical due-diligence.

Page 4: FOR LEASE FOR SALE · FOR LEASE FOR SALE Javier Del Carpio (480) 442-1031 Javier.DelCarpio@CaliberCo.Com ARIZONACRE.COM/BAYWOOD BAYWOOD SQUARE PROFESSIONAL PARK 7165 E UNIVERSITY

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P R O P E R T YO V E R V I E W

PROPERTY DESCRIPTION

The Baywood Square property consists of twenty-three (23) single level high quality office buildings spaciously planned on 6.2 acres. Covered and plenty of surface parking is available for tenant staff, clients and patients.

New landscaping, paving seal cote & covered parking lighting has recently been completed.

The seller has configured several options for a medical practice or professional business owner to lease or purchase a space / building. A generous tenant improvement (T.I.) allowance is available for tenants that choose to lease. For buyer’s, the buildings can be purchased completely finished out to the buyer’s interior design; the building shell and onsite improvements only may be purchased; or a vacant land pad site may be purchased to build a building within the preapproved footprint.a) Three (3) shell buildings are now complete and available for lease or purchase. The seller can deliver the building as ‘shell only’ or completely finished and ready to occupy

FOR LEASE ONLY

BRAND NEW, Just Completed New professional office space ideal for real estate office, title company, insurance agent, small regional office, contractor, designer, staffing services, CPA, lawyer, senior services, or medical services industry.

Bldg. 16 (Suite 164)

1,137 SF NNN Lease $13 PSF

Page 5: FOR LEASE FOR SALE · FOR LEASE FOR SALE Javier Del Carpio (480) 442-1031 Javier.DelCarpio@CaliberCo.Com ARIZONACRE.COM/BAYWOOD BAYWOOD SQUARE PROFESSIONAL PARK 7165 E UNIVERSITY

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FOR LEASE OR PURCHASE

The seller can deliver the building as ‘shell only’ or completely finished and ready to occupy for lease or purchase.Building 2 is available as Lease with option to purchase.

Available shell building:

Size Shell Only Shell Only PSF

Bldg. 11b (Suite 141) – 4,492 SF $309,948 $69/SF

Bldg. 2 (Suite 105) 7,169 SF IMPROVED SHELL at $709,731

$99/SF

Notes:Bldg. 11b $60 PSF TIA.Bldg. 2 Yearly Lease Rate increase of $0.50 PSF. 5 Year Lease with $30 PSF TIA.Annual lease rate for a completely finished office space valued at $13.00 PSF NNN lease, shown as dollars per month (plus 2.5% city of Mesa/Maricopa rental tax). Contact us for the estimated NNN expense. Lease space may be divisible into smaller building area than listed above.

DEVELOPER PURCHASE ENTIRE DEVELOMENT ‘AS IS’.

The property is also being offered to qualified office developers in today’s ‘AS IS’ condition and build-out. Benefit from ready to build city approved site plan, buildings and pad sites.

PRICED AT $1,748,620

Ar i zonACrE . Com /BAywood

Page 6: FOR LEASE FOR SALE · FOR LEASE FOR SALE Javier Del Carpio (480) 442-1031 Javier.DelCarpio@CaliberCo.Com ARIZONACRE.COM/BAYWOOD BAYWOOD SQUARE PROFESSIONAL PARK 7165 E UNIVERSITY

BUILD-TO-SUIT TENANT LEASE PROGRAM

Owner will split construction cost 50/50% with buyer. Seller will carry construction costs so that owner can make them part of the purchasing loan at close of escrow.Owner will pay $35 PSF in TI allowance, and will buy new building at $135 pSF

arizonaCRE.Com/baywooD

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DEVELOPER PURCHASE OR BUILD-TO-SUIT FOR LEASE TENANT.

Ten (10) buildings pad sites are available to purchase as vacant land, shell only or completely finished buildings. Build-to-suit tenant lease program is also available for these buildings.

Available shell

Size SF Pad Only at $16/SF

Mo.Lease NNN.

Bldg 3 (Suite 109)

7,169 $114,704 $8,961.25

Bldg. 4 (Suite 113)

3,444 $55,104 $4,305.00

Bldg. 5 (Suite 117)

7,169 $114,704 $8,961.25

Bldg. 6 (Suite 121)

7,169 $114,704 $8,961.25

Bldg. 7 (Suite 125)

3,780 $60,480 $4,725.00

Bldg. 9 (Suite 133)

3,782 $60,512 $4,727.50

Bldg. 10 (Suite 137)

3,782 $60,512 $4,727.50

Bldg. 12 (Suite 145)

3,778 $60,448 $4,722.50

Bldg. 15 (Suite 157)

10,887 $174,192 $13,608.75

Bldg. 19 (Suite 175)

6,742 $107,872 $8,427.50

NotesAnnual lease rate for a completely finished office space valued at $15.00 PSF NNN lease, shown as dollars per month (plus 2.5% city of Mesa/Maricopa rental tax). Contact us for the estimated NNN expense.

Lease space may be divisible into smaller building area than listed above.

Ar i zonACrE . Com /BAywood

Page 7: FOR LEASE FOR SALE · FOR LEASE FOR SALE Javier Del Carpio (480) 442-1031 Javier.DelCarpio@CaliberCo.Com ARIZONACRE.COM/BAYWOOD BAYWOOD SQUARE PROFESSIONAL PARK 7165 E UNIVERSITY

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L O C AT I O NM A P

202

60

BANNER GATEWAY MEDICAL CENTER

BAYWOOD SQUAREPROFFESSIONALPARK.7165 E UNIVERSITY DR.MESA, AZ.

BANNER HEALTH CENTER

MOUNTAIN VISTA MEDICAL CENTER

Ar i zonACrE . Com /BAywood

BANNER BAYWOOD MEDICAL CENTER

Page 8: FOR LEASE FOR SALE · FOR LEASE FOR SALE Javier Del Carpio (480) 442-1031 Javier.DelCarpio@CaliberCo.Com ARIZONACRE.COM/BAYWOOD BAYWOOD SQUARE PROFESSIONAL PARK 7165 E UNIVERSITY

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BAYWOOD SQUARE

Ar i zonACrE . Com /BAywood

P R O P E R T YP I C T U R E S

Page 9: FOR LEASE FOR SALE · FOR LEASE FOR SALE Javier Del Carpio (480) 442-1031 Javier.DelCarpio@CaliberCo.Com ARIZONACRE.COM/BAYWOOD BAYWOOD SQUARE PROFESSIONAL PARK 7165 E UNIVERSITY

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Ar i zonACrE . Com /BAywood

P R O P E R T YP I C T U R E S

Page 10: FOR LEASE FOR SALE · FOR LEASE FOR SALE Javier Del Carpio (480) 442-1031 Javier.DelCarpio@CaliberCo.Com ARIZONACRE.COM/BAYWOOD BAYWOOD SQUARE PROFESSIONAL PARK 7165 E UNIVERSITY

A R E AD E M O G R A P H I C S

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Radius 1 Mile 3 Mile 5 Mile

Population:

2020 Projection 11,925 109,125 266,091

2015 Estimate 11,056 100,888 247,825

2010 Census 10,132 91,156 232,183

Growth 2015-2020 7.86% 8.16% 7.37%

Growth 2010-2015 9.12% 10.68% 6.74%

2015 Population Hispanic Origin

2,000 14,878 36,339

2015 Population by Race:

White 9,995 93,489 225,691

Black 384 2,195 6,601

Am. Indian & Alaskan 207 1,367 3,347

Asian 182 1,614 5,889

Hawaiian & Pacific Island 32 232 591

Other 256 1,991 5,706

U.S. Armed Forces 0 47 79

Households:

2020 Projection 5,384 48,017 108,111

2015 Estimate 4,988 44,372 100,639

2010 Census 4,560 40,061 94,160

Growth 2015 - 2020 7.94% 8.21% 7.42%

Growth 2010 - 2015 9.39% 10.76% 6.88%

Owner Occupied 2,947 33,215 75,455

Renter Occupied 2,041 11,157 25,184

2015 Avg Household Income $45,325 $56,979 $67,071

2015 Med Household Income $37,674 $43,428 $50,747

Radius 1 Mile 3 Mile 5 Mile

# Businesses 417 3,014 7,400

# Employees 5,260 31,635 69,120

Business Employment By Type

Ar i zonACrE . Com /BAywood

Page 11: FOR LEASE FOR SALE · FOR LEASE FOR SALE Javier Del Carpio (480) 442-1031 Javier.DelCarpio@CaliberCo.Com ARIZONACRE.COM/BAYWOOD BAYWOOD SQUARE PROFESSIONAL PARK 7165 E UNIVERSITY

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F U L L S E R V I C ER E A L E S TAT E I N V E S T I N G

The following services are just a few of the ways Caliber adds exceptional value to real estate investing.

Our team conducts extensive due diligence prior to the purchase of any property, helping you

craft and execute a sound acquisition strategy. seek to connect you with the most qualified tax

or estate planner with proficiency in that area.

ASSET ACQUISITION

Caliber’s construction and remodeling team can make any construction project, from

landscaping to complex electrical work, more cost effective. Our relationships with vendors

and suppliers, along with our high volume of work, allow us to obtain the best pricing on

labor and materials. This plays a significant role in our ability to minimize expenses, thereby

maximizing return on investment.

CONSTRUCTION & DEVELOPMENT

Caliber’s in-house team includes managers, accountants, and leasing agents, all of whom

specialize in operating profitable and reputable properties. Because we view property

management as our first opportunity to demonstrate our integrity to clients, we take care of

each property we manage as if it were our own.

PROPERTY MANAGEMENT

Caliber leverages its experience as an asset-backed investment firm to help properties achieve

their highest possible return. Unlike traditional property management firms who focus solely

on the operations and maintenance of your property, Caliber’s asset management team

helps execute your long-term investment strategy. We monitor each market, sub-market, and

surrounding properties. As markets begin to shift, we quickly adjust operations to ensure that

the revenue potential for each property is maximized.

ASSET MANAGEMENT

Caliber Realty Group offers full real estate brokerage services and professional agents with the

experience to assist our investors with buying and selling properties. This in-house acquisition

team has experience purchasing large quantities of residential and commercial real estate

and can help buyers and sellers evaluate market timing and characteristics.

PROPERTY SALES

Caliber routinely leverages its network of tax and estate planners to help investors minimize

their tax liabilities and take advantage of deductions where possible. Our accounting network

specializes in tax and retirement planning for the types of alternative investments that Caliber

manages. If we do not have the in-house expertise to assist with your unique situation, we will

seek to connect you with the most qualified tax or estate planner with proficiency in that area.

ACCOUNTING, TAX AND RETIREMENT PLANNING

Page 12: FOR LEASE FOR SALE · FOR LEASE FOR SALE Javier Del Carpio (480) 442-1031 Javier.DelCarpio@CaliberCo.Com ARIZONACRE.COM/BAYWOOD BAYWOOD SQUARE PROFESSIONAL PARK 7165 E UNIVERSITY

Scottsdale Office16074 N 78th StreetSuite B-104Scottsdale, AZ 85260480.295.7600caliberco.com

If you are considering selling or acquiring Commercial Assets or are

simply curious about the market trends, contact us today to get a free

market analysis for your property.

We will be happy to assist you in any way we can.

Call us today, we are here to help.

C A L I B E R C O M M E R C I A L R E A L E S TAT E T E A MWhen you invest with Caliber, our team becomes your team. Having over 350 team members within our affiliated group of companies and over 40 corporate industry experts, we are fortunate to attract the best people in the industry. There is no secret the Caliber team is the engine behind Caliber’s investment performance.

JAVIER DEL CARPIOCOMMERCIAL REAL ESTATE DIRECTOR INVESTOR RELATIONS LATIN AMERICA

__________________________________

Javier supports the Commercial Real Estate Division appliying his expertise in leasing, marketing and selling multi-family apartments, retail shopping centers and office space. Javier focus on client representation and strategic alliances with investor clients.

ROY BADEEXCECUTIVE V. P.FUND MANAGER

__________________________________

Roy is the Director of Commercial Projects and co-manager of the Caliber Distressed Income Fund “CDIF”. Roy plays a critical role in analyzing potential properties, maximizing returns on existing properties and overseeing all aspects of construction at Caliber.

Ar i zonACrE . Com /BAywood