For Sale • Investment€¦ · 6 N 7th St E Thunderbird Rd 0.50 N 2018 32,442 MPSI .54 7 E...

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The information contained herein, while not guaranteed, has been secured from sources we believe reliable. Rick Mineweaser DIAMOND PACIFIC INVESTMENTS O: 480-951-4118 / M: 602-703-4118 rick@diamond-pacific.com For Sale • Investment 2-Tenant Dental / Medical Building 8,311 SF 750 E Thunderbird Rd • Phoenix AZ 85022 Newly Refurbished 4thQ-2019 7% Cap Rate Seller Financing Oered 37,679 SF Parcel - East of the NEC of N 7th St & E Thunderbird Rd - Phoenix $1,540,000 ($185/SF) 2021 NOI $108,000 Located on approximately 0.865 Acres 380’ East of the NEC of N 7th St & E Thunderbird Rd 131’ of frontage on E Thunderbird Rd City of Phoenix Zoning C-O 44 Parking Spaces (Includes 3 ADA) TMP: #159-01-003G / 2019 Prop Tax $23,032.26 Approximately 8,311 SF consisting of 5,491 SF Medical Office & 2,820 SF Dental Office (See Floor Plan) 2019 Population Estimate: 1 Mile = 6,782 3 Miles = 150,919 5 Miles = 391,404 2019 Daytime Employment: 1 Mile = 1,788 • 3 Mils = 31,947 2018 Estimated Traffic Count on E Thunderbird Rd at Site = 31,881 Cars Per Day Entire building renovation completed in 2011, 2016 & 4thQ-2019.

Transcript of For Sale • Investment€¦ · 6 N 7th St E Thunderbird Rd 0.50 N 2018 32,442 MPSI .54 7 E...

Page 1: For Sale • Investment€¦ · 6 N 7th St E Thunderbird Rd 0.50 N 2018 32,442 MPSI .54 7 E Thunderbird Rd N Pointe Golf Club Dr 0.07 NW 2018 30,524 MPSI .61 8 N 7th St E Meadow Ln

The information contained herein, while not guaranteed, has been secured from sources we believe reliable.

Rick Mineweaser DIAMOND PACIFIC INVESTMENTS

O: 480-951-4118 / M: 602-703-4118 [email protected]

For Sale • Investment 2-Tenant Dental / Medical Building • 8,311 SF

750 E Thunderbird Rd • Phoenix AZ 85022 Newly Refurbished 4thQ-2019 • 7% Cap Rate • Seller Financing Offered

37,679 SF Parcel - East of the NEC of N 7th St & E Thunderbird Rd - Phoenix $1,540,000 ($185/SF) • 2021 NOI $108,000

• Located on approximately 0.865 Acres • 380’ East of the NEC of N 7th St & E Thunderbird Rd • 131’ of frontage on E Thunderbird Rd • City of Phoenix Zoning C-O • 44 Parking Spaces (Includes 3 ADA) • TMP: #159-01-003G / 2019 Prop Tax $23,032.26 • Approximately 8,311 SF consisting of 5,491 SF Medical Office & 2,820 SF Dental Office (See Floor Plan) • 2019 Population Estimate: 1 Mile = 6,782 • 3 Miles = 150,919 • 5 Miles = 391,404 • 2019 Daytime Employment: 1 Mile = 1,788 • 3 Mils = 31,947 • 2018 Estimated Traffic Count on E Thunderbird Rd at Site = 31,881 Cars Per Day • Entire building renovation completed in 2011, 2016 & 4thQ-2019.

Page 2: For Sale • Investment€¦ · 6 N 7th St E Thunderbird Rd 0.50 N 2018 32,442 MPSI .54 7 E Thunderbird Rd N Pointe Golf Club Dr 0.07 NW 2018 30,524 MPSI .61 8 N 7th St E Meadow Ln

Free-Standing 2-Tenant Medical & Dental Building For Sale

750 E Thunderbird Rd • Phoenix AZ 85022(East of the NEC of N 7th St & E Thunderbird RD)

Page 3: For Sale • Investment€¦ · 6 N 7th St E Thunderbird Rd 0.50 N 2018 32,442 MPSI .54 7 E Thunderbird Rd N Pointe Golf Club Dr 0.07 NW 2018 30,524 MPSI .61 8 N 7th St E Meadow Ln

Free-Standing 2-Tenant Medical & Dental Building For Sale

750 E Thunderbird Rd • Phoenix AZ 85022(East of the NEC of N 7th St & E Thunderbird RD)

Page 4: For Sale • Investment€¦ · 6 N 7th St E Thunderbird Rd 0.50 N 2018 32,442 MPSI .54 7 E Thunderbird Rd N Pointe Golf Club Dr 0.07 NW 2018 30,524 MPSI .61 8 N 7th St E Meadow Ln

-100%0 SF

8,311 SF8,311 SF

Class B Office

Rent/SF/Yr:% Leased:

Total Available:

Typical Floor:RBA:

Building Type:

Business Employment by Type # of Businesses # Employees #Emp/Bus

Class: B

Total Businesses 292 1,788 6Retail & Wholesale Trade 24 281 12

Hospitality & Food Service 22 374 17

Real Estate, Renting, Leasing 19 62 3

Finance & Insurance 35 137 4

Information 8 25 3

Scientific & Technology Services 36 103 3

Management of Companies 2 6 3

Health Care & Social Assistance 80 279 3

Educational Services 5 34 7

Public Administration & Sales 0 0 0

Arts, Entertainment, Recreation 6 60 10

Utilities & Waste Management 11 54 5

Construction 19 223 12

Manufacturing 4 20 5

Agriculture, Mining, Fishing 0 0 0

Other Services 21 130 6

Daytime Employment Report 1 Mile Radius

750 E Thunderbird Rd, Phoenix, AZ 85022

Information contained herein has been independently provided to Diamond Pacific Investments, Inc. by CoStar/Comps.Copyrighted report licensed to Diamond Pacific Investments, Inc. - 125492.

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-100%0 SF8,311 SF8,311 SFBClass B Office

Rent/SF/Yr:% Leased:

Total Available:Typical Floor:

RBA:Class:

Building Type:

Street Cross Street Cross Str DistCountYear

Avg DailyVolume

VolumeType

Miles fromSubject Prop

1 N 7th St E Eugie Ave 0.04 N 2018 32,703 MPSI .142 E Roberts Rd N 11th St 0.03 E 2018 520 MPSI .313 E Thunderbird Rd N 3rd St 0.02 W 2018 33,238 MPSI .334 E Hearn Rd N 8th Pl 0.06 E 2014 3,695 AADT .475 N Pointe Golf Club Dr E Captain Dreyfus Ave 0.07 S 2012 3,320 AADT .546 N 7th St E Thunderbird Rd 0.50 N 2018 32,442 MPSI .547 E Thunderbird Rd N Pointe Golf Club Dr 0.07 NW 2018 30,524 MPSI .618 N 7th St E Meadow Ln 0.02 S 2015 37,014 MPSI .699 N Canterbury Dr W Boca Raton Rd 0.03 S 2018 2,396 MPSI .70

10 N Pointe Golf Club Dr E Roberts Rd 0.04 S 2018 4,735 MPSI .71

Traffic Count Report

750 E Thunderbird Rd, Phoenix, AZ 85022

Information contained herein has been independently provided to Diamond Pacific Investments, Inc. by CoStar/Comps.Copyrighted report licensed to Diamond Pacific Investments, Inc. - 125492.

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-100%0 SF

8,311 SF8,311 SF

Class B Office

Rent/SF/Yr:% Leased:

Total Available:

Typical Floor:RBA:

Building Type:

Business Employment by Type # of Businesses # Employees #Emp/Bus

Class: B

Total Businesses 3,980 31,947 8Retail & Wholesale Trade 567 5,653 10

Hospitality & Food Service 233 3,524 15

Real Estate, Renting, Leasing 255 1,143 4

Finance & Insurance 276 1,112 4

Information 80 398 5

Scientific & Technology Services 360 1,625 5

Management of Companies 3 9 3

Health Care & Social Assistance 864 6,442 7

Educational Services 86 2,067 24

Public Administration & Sales 14 188 13

Arts, Entertainment, Recreation 73 884 12

Utilities & Waste Management 215 1,414 7

Construction 360 2,954 8

Manufacturing 102 1,649 16

Agriculture, Mining, Fishing 6 15 3

Other Services 486 2,870 6

Daytime Employment Report 3 Mile Radius

750 E Thunderbird Rd, Phoenix, AZ 85022

Information contained herein has been independently provided to Diamond Pacific Investments, Inc. by CoStar/Comps.Copyrighted report licensed to Diamond Pacific Investments, Inc. - 125492.

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Page 5: For Sale • Investment€¦ · 6 N 7th St E Thunderbird Rd 0.50 N 2018 32,442 MPSI .54 7 E Thunderbird Rd N Pointe Golf Club Dr 0.07 NW 2018 30,524 MPSI .61 8 N 7th St E Meadow Ln

Demographic Summary

750 E Thunderbird Rd, Phoenix, AZ 85022

Population 1 Mile 5 Mile3 Mile

2019 Total Population: 6,782 391,404150,919

2024 Population: 7,153 421,750164,393

Pop Growth 2019-2024: 5.47% 7.75%8.93%

Average Age: 45.80 37.8037.50

Households

2019 Total Households: 3,002 157,81361,225

HH Growth 2019-2024: 5.30% 7.56%8.76%

Median Household Inc: $98,622 $51,755$47,950

Avg Household Size: 2.20 2.402.40

2019 Avg HH Vehicles: 2.00 2.002.00

Housing

Median Home Value: $356,993 $215,825$242,794

Median Year Built: 1981 19821984

Population for 5 Mile Radius

Information contained herein has been independently provided to Diamond Pacific Investments, Inc. by CoStar/Comps.Copyrighted report licensed to Diamond Pacific Investments, Inc. - 125492.

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Rick Mineweaser