For Sale • Investment€¦ · 6 N 7th St E Thunderbird Rd 0.50 N 2018 32,442 MPSI .54 7 E...
Transcript of For Sale • Investment€¦ · 6 N 7th St E Thunderbird Rd 0.50 N 2018 32,442 MPSI .54 7 E...
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.
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)
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)
-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.
4/20
Page 1
-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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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.
4/20