45654 W Edison Road

Maricopa, AZ 85139

Maricopa, AZ 85139

45654 W Edison Road

$3,100,000

MLS#: 6156602

Status: Closed

Listing provided by: eXp Realty

Listing agent phone: None

Last update: 1 year, 2 months ago

On site: 4 years ago

ESTRELLA GIN BUSINESS PARK - Commercial Sale

About

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

Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

2021

Sq.Footage

5,826

Features

Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Cooling YN

    YES

  • Cooling

    Central Air

  • Heating YN

    YES

  • Heating

    Electric

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    See Remarks, Metal Siding

  • Pool

    No

Area & Lot

  • Lot Size(acres)

    1.0

  • Lot Size(square feet)

    43560.0

  • Property Type

    Commercial Sale

  • Property Sub Type

    Office

Price

  • Sales Price

    $3,100,000

  • Tax Amount

    $56

  • Sq. Footage

    5, 826

  • Price/SqFt

    $532

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Ownership

    Fee Simple

  • Sewer

    Public Sewer

  • Tax Lot

    TBD

  • Water Source

    Other

Schedule

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Location

  • County

    Pinal

  • Elementary School

  • Middle School

  • High School

Listing Courtesy of Shane M. Cook , eXp Realty

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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

45654 W Edison Road

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