1606 w whispering wind drive | phoenix,...
TRANSCRIPT
PINNACLE PEAK RD
19TH AVE
15TH AVE
HAPPY VALLEY RD
16TH AVE
N
MOON VALLEY
DEER VALLEY DR
Deer Valley Medical Center
This document/email has been prepared by Colliers International for advertising and general information only. Colliers International makes no guarantees, representations or warranties of any kind, expressed or implied, regarding the information including, but not limited to, warranties of content, accuracy and reliability. Any interested party should undertake their own inquiries as to the accuracy of the information. Colliers International excludes unequivocally all inferred or implied terms, conditions and warranties arising out of this document and excludes all liability for loss and damages arising there from. This publication is the copyrighted property of Colliers International and/or its licensor(s). © 2017. All rights reserved.
COLLIERS INTERNATIONAL 2390 E Camelback Road Suite 100 Phoenix, AZ 85016www.phoenixinvestment.properties
TODD NOEL Executive Vice President, CCIM +1 602 222 5190 [email protected]
KIRK KULLER Vice President +1 602 222 5179 [email protected]
MINDY KORTH Executive Vice President +1 602 222 5005 [email protected]
EXCLUSIVE ADVISORS:
VACANT CLASS A OFFICE AND LIGHT ASSEMBLY COMPLEX
1606 W Whispering Wind Drive | Phoenix, AZ
Colliers International is pleased to exclusively present the opportunity to acquire 1606 West Whispering Wind Drive, an attractive two-story, Class A facility that includes corporate offices, light assembly / R&D space and an enclosed yard area. It is within the amenity-rich, dynamic Deer Valley submarket, just north of Deer Valley Municipal Airport in the North Valley of Phoenix, Arizona.
Built in 2006, the property is offered vacant, at a significant discount to estimated replacement cost. This was designed to be a corporate headquarters facility. The seller outgrew this property and relocated nearby. This is a unique opportunity for a successful, entrepreneurial organization or speculative investor to acquire a very high-quality facility in this supply-constrained North Valley region of greater Phoenix.
INVESTMENT PROFILE
ADDRESS1606 West Whispering Wind DrivePhoenix, AZ 85085
BUILDING SQUARE FEET±22,848 SF
LAND AREA±1.18 acres (±51,743 SF)
YEAR BUILT2006
PARKINGCP / GCP, City of Phoenix
PRICE$3,427,200 ($150 PSF)
INVESTMENT HIGHLIGHTS
SIGNIFICANT DISCOUNT TO REPLACEMENT COSTSEstimated reproduction costs are 61% more than the asking price. This offers a user/purchaser or a speculative investor with an ideal, lucrative opportunity to secure a like-new property for a deep discount to what they would incur if constructing it today.
SPEED TO MARKET – NO WAITINGThe property is fully-improved and move-in ready. This significantly reduces the time to open for business by a user/purchaser, or a tenant to a speculative investor; thus improving productivity, profit and success of the business.
HIGHEST-QUALITY OPTION OF SCARCE OPPORTUNITIES IN DEER VALLEY SUBMARKETThere are only eight options that can accommodate a user requirement of more than 20,000 SF of contiguous, available office space. These options, along with the 20 industrial options, are of significantly lesser-quality than the subject property. This is the best option that is now available in the Deer Valley submarket.
IN THE GROWING NORTH VALLEYOne mile east of a full-diamond interchange with Interstate 17 at Happy Valley Road, it is just north of Deer Valley Municipal Airport and five miles north of the Loop 101 / Interstate 17 interchange. This amenity-rich, infill location has continued to aggressively expand, offering large tracts of beautiful desert land to develop new, upscale neighborhoods.
BUSINESSES RANGE FROM ENTREPRENEURS TO LARGE-SCALE EMPLOYERS The Deer Valley submarket is home to dozens of private-entrepreneurial companies, along with numerous large-scale employers such as USAA, American Express, PetSmart and Discover Card. These employers appreciate the area’s convenient transportation routes, desert mountain setting and its vibrant, growing and high-quality live, work, play village community.
LOCATION HIGHLIGHTS
SURPRISE
SUNCITY
SCOTTSDALE
P H O E N I X
GLENDALE
Downtown
PEORIA
PARADISEVALLEY
CAREFREE
CAVE CREEK
BUCKEYE
ANTHEM
FOUNTAINHILLS
MESA
GILBERT
TEMPE
AHWATUKEEFOOTHILLS
CHANDLER
QUEEN CREEK
APACHE JUNCTION
BELL RD.
GRAND AVE.
SHEA BLVD.PEORIA AVE.
MAIN ST.
BASELINE RD.
CAMELBACK RD.
VAN BUREN ST.
CAREFREE HWY.
PIMA FWY.AGUA FRIA FWY.
PAPAGO FWY.
SUPERSTITION FWY.
MARICOPA FWY.
SAN TAN FWY.
RED MOUNTAIN FWY.
PIES
TEW
A FW
Y.
BLAC
K C
ANYO
N FW
Y.
SCOT
TSDA
LE R
D.
CAVE
CRE
EK R
D.
BEELINE HWY.
67TH
AVE
.
7TH
ST.
POW
ER R
D.
CENT
RAL
AVE.
COUN
TRY
CLUB
DR.
COTT
ON L
N.
KIERLAND
N
PROPERTY HIGHLIGHTS
OUTSTANDING BUILDING MATERIALSBuilt to be a source of pride, with attention to all details, all exterior and interior improvements are of upgraded materials and design elements, providing for a strong, prominent, upscale image. Exterior building materials include rough-hewn rock block towers, split-faced concrete masonry units, standing-seam metal roof parapet, and ribbons of dark-blue tinted windows.
IDEAL CORPORATE IMAGEThe impressive exterior design elements are matched on the interiors with an extensive use of wood trim through-out including ceiling cornices, doors, window frames and baseboards. Most of the lighting is indirect light via reverse pendant fixtures shining onto high-reflective ceiling tiles. There are numerous private offices and conference / break facilities mixed with open cubicle areas.
INVESTMENT PROFILE
ADDRESS1606 West Whispering Wind DrivePhoenix, AZ 85085
BUILDING SQUARE FEET±22,848 SF
LAND AREA±1.18 acres (±51,743 SF)
YEAR BUILT2006
PARKINGCP / GCP, City of Phoenix
PRICE$3,427,200 ($150 PSF)
INVESTMENT HIGHLIGHTS
SIGNIFICANT DISCOUNT TO REPLACEMENT COSTSEstimated reproduction costs are 61% more than the asking price. This offers a user/purchaser or a speculative investor with an ideal, lucrative opportunity to secure a like-new property for a deep discount to what they would incur if constructing it today.
SPEED TO MARKET – NO WAITINGThe property is fully-improved and move-in ready. This significantly reduces the time to open for business by a user/purchaser, or a tenant to a speculative investor; thus improving productivity, profit and success of the business.
HIGHEST-QUALITY OPTION OF SCARCE OPPORTUNITIES IN DEER VALLEY SUBMARKETThere are only eight options that can accommodate a user requirement of more than 20,000 SF of contiguous, available office space. These options, along with the 20 industrial options, are of significantly lesser-quality than the subject property. This is the best option that is now available in the Deer Valley submarket.
IN THE GROWING NORTH VALLEYOne mile east of a full-diamond interchange with Interstate 17 at Happy Valley Road, it is just north of Deer Valley Municipal Airport and five miles north of the Loop 101 / Interstate 17 interchange. This amenity-rich, infill location has continued to aggressively expand, offering large tracts of beautiful desert land to develop new, upscale neighborhoods.
BUSINESSES RANGE FROM ENTREPRENEURS TO LARGE-SCALE EMPLOYERS The Deer Valley submarket is home to dozens of private-entrepreneurial companies, along with numerous large-scale employers such as USAA, American Express, PetSmart and Discover Card. These employers appreciate the area’s convenient transportation routes, desert mountain setting and its vibrant, growing and high-quality live, work, play village community.
LOCATION HIGHLIGHTS
SURPRISE
SUNCITY
SCOTTSDALE
P H O E N I X
GLENDALE
Downtown
PEORIA
PARADISEVALLEY
CAREFREE
CAVE CREEK
BUCKEYE
ANTHEM
FOUNTAINHILLS
MESA
GILBERT
TEMPE
AHWATUKEEFOOTHILLS
CHANDLER
QUEEN CREEK
APACHE JUNCTION
BELL RD.
GRAND AVE.
SHEA BLVD.PEORIA AVE.
MAIN ST.
BASELINE RD.
CAMELBACK RD.
VAN BUREN ST.
CAREFREE HWY.
PIMA FWY.AGUA FRIA FWY.
PAPAGO FWY.
SUPERSTITION FWY.
MARICOPA FWY.
SAN TAN FWY.
RED MOUNTAIN FWY.PI
ESTE
WA
FWY.
BLAC
K C
ANYO
N FW
Y.
SCOT
TSDA
LE R
D.
CAVE
CRE
EK R
D.BEELINE HWY.
67TH
AVE
.
7TH
ST.
POW
ER R
D.
CENT
RAL
AVE.
COUN
TRY
CLUB
DR.
COTT
ON L
N.
KIERLAND
N
PROPERTY HIGHLIGHTS
OUTSTANDING BUILDING MATERIALSBuilt to be a source of pride, with attention to all details, all exterior and interior improvements are of upgraded materials and design elements, providing for a strong, prominent, upscale image. Exterior building materials include rough-hewn rock block towers, split-faced concrete masonry units, standing-seam metal roof parapet, and ribbons of dark-blue tinted windows.
IDEAL CORPORATE IMAGEThe impressive exterior design elements are matched on the interiors with an extensive use of wood trim through-out including ceiling cornices, doors, window frames and baseboards. Most of the lighting is indirect light via reverse pendant fixtures shining onto high-reflective ceiling tiles. There are numerous private offices and conference / break facilities mixed with open cubicle areas.
PINNACLE PEAK RD
19TH AVE
15TH
AVE
HAPPY VALLEY RD
16TH
AVE
N
MOON VALLEY
DEER VALLEY DR
Deer Valley Medical Center
This document/email has been prepared by Colliers International for advertising and general information only. Colliers International makes no guarantees, representations or warranties of any kind, expressed or implied, regarding the information including, but not limited to, warranties of content, accuracy and reliability. Any interested party should undertake their own inquiries as to the accuracy of the information. Colliers International excludes unequivocally all inferred or implied terms, conditions and warranties arising out of this document and excludes all liability for loss and damages arising there from. This publication is the copyrighted property of Colliers International and/or its licensor(s). © 2017. All rights reserved.
COLLIERS INTERNATIONAL 2390 E Camelback Road Suite 100 Phoenix, AZ 85016www.phoenixinvestment.properties
TODD NOEL Executive Vice President, CCIM +1 602 222 [email protected]
KIRK KULLER Vice President +1 602 222 [email protected]
MINDY KORTH Executive Vice President +1 602 222 [email protected]
EXCLUSIVE ADVISORS:
VACANT CLASS A OFFICE AND LIGHT ASSEMBLY COMPLEX
1606 W Whispering Wind Drive | Phoenix, AZ
Colliers International is pleased to exclusively present the opportunityto acquire 1606 West Whispering Wind Drive, an attractive two-story, Class A facility that includes corporate offices, light assembly / R&D space and an enclosed yard area.It is within the amenity-rich, dynamic Deer Valley submarket, just north of Deer Valley Municipal Airport in the North Valley ofPhoenix, Arizona.
Built in 2006, the property is offered vacant, at a significantdiscount to estimated replacement cost. This was designed tobe a corporate headquarters facility. The seller outgrew thisproperty and relocated nearby. This is a unique opportunity for a successful, entrepreneurial organization or speculativeinvestorto acquire a very high-quality facility in this supply-constrained North Valley region of greater Phoenix.