Commercial Property Opportunities

Commercial Property Opportunities
Spring 2015
Sierra Vista Arizona
Van Deman
Gate
Tucson
ON R
RETAIL PROPERTY
OPPORTUNITIES
D
1ST
BUSBY DR
A.V.
Anderson
Park
GOLF LINKS RD
TOW N
FORMER ARBY’S................................................................... 4
&
TRY DR
COUN
FORMER DAISY MAE’S STEAK HOUSE..................................5
MOORMAN
WILCOX DR
Ciaramitaro
Park
Timothy
Lane
Park
LENZNER RD
FRY BLVD
Table of Contents
FORMER LUCKY WISHBONE................................................ 4
Wo
Lin odcu
ear tter
Par s
k
IT
S CORONADO DR
ALLIS
CAR
Bella
V
Park ista
A DR
S 7TH ST
N
WI
N CARMICHAEL AVE
ER
RT
CA
ST
E
AV
TA
MEL
MAN
DEN
L AS BRISAS W Y
T
AS
COM
THEATRE
VE
ING
W
RO
Len Roberts
Park
TH A
T
SH
Buffalo
Soldier
Gate
Gateway
Park
NOR
S
IN
IRW
CU
SMITH AVE
Forrest
Doerner
Linear
Park
DR
M
CA
SY
E
OR
S CARMICHAEL AVE
ST
KAYETAN
N 7TH ST
HIGHWAY 90 BYPASS
Cyr Center Park
Soldier’s Creek Park
L
RAI
ST
EIN
ST
T
IER
OLD
HATFIE L
D ST
FAB AVE
E
OS
AV
F AL
NT
BUF
HU
Tompkins
Park
FORMER FAMILY DOLLAR.....................................................5
COCHISE CROSSROADS, CHARLESTON ROAD.................... 6
AVENIDA
Summit
Park
FORMER SUTHERLANDS...................................................... 6
FF
BU
SOUTHWEST SYSTEMS ENGINEERING................................7
O
AL
OFFICE.....................................................................................7
SO
Fort Huachuca
Military
Reservation
L
This information is provided by the City of Sierra Vista.
Interested developers should do their own due diligence to
verify the information presented.
City of Sierra Vista • 520.678.5608
Simone.McFarland@SierraVistaAZ.gov
2
0 0.250.5
1
Co
AI
COMMUNITY OVERVIEW....................................................11
TR
THE MALL AT SIERRA VISTA.............................................. 10
R
OFFICE/RETAIL...................................................................... 9
ron
IE
SOLDIER CREEK BUSINESS CENTER................................... 8
LD
OFFICE: PIAZZA SAN LORENZO........................................... 8
miles
g
sin
ros
C
ado
Commercial Property Opportunities
GIULIO CEASARE
MARTIN LUTHER KING JR
PKWY
HIGHWAY 90
Nancy Hakes Park
E QUAIL RUN DR
Purple Hearts
Park
EL MERCADO LOOP
il
Tra
DREW S
DR
S T AN
CHEROKEE
ST AN
EWS DR
DR
Garden
Canyon
Park
S HIGHWAY 92
GREENBRIAR RD
Pu
Go eblo
lf C de
ou l So
rse l
gs
Arizona
E
LL CIA
CA AN
C
ER
M
ISE
CH
Country
Club
Park
VD
ER BL
SNYD
Chaparrel
Park
S VIA RIATA
A CO
PASEO
SAN
L
EL CAMINO REAL
U IS
OTHILLS DR
FO
COLONIA DE SALUD
L
TA
CALLE POR
Veterans
Memorial
Park
Environmental
Operations
Park
AVENIDA DEL SOL
N CORONADO DR
AVENIDA
ESCUELA
CAMPUS DR
N KINO RD
Complex
LE
AR
CH
D
NR
O
ST
SCHRADER RD
COLOMBO AVE
E TACOMA ST
Civic Center
Bolin
RC Airfield
City of
Sierra Vista
Cochise
County
DISTANCE TO:
Tucson.............................................. 75 miles
Douglas/Agua Prieta, Mexico........ 51 miles
Nogales............................................ 63 miles
Phoenix......................................... 189 miles
Cochise
County
3
Sierra Vista Arizona
FORMER ARBY’S
2180 E. Fry Boulevard
APN 105-07-031 • Acreage: 0.75
This parcel is located at the Safeway
Commercial Plaza on busy Fry
Boulevard near Coronado Drive. It’s
in the heart of the City. An old Arby’s
restaurant building remains on the site
and is ready for renovation or reuse.
This site is located in front of Safeway
Grocery and adjacent to numerous
retail and restaurant outlets and more.
It’s a prime parcel for redevelopment for
a restaurant or retail use.
CONTACT Jan Marin, Safeway • Jan.Martin3@Safeway.com • 623.869.3140
FORMER LUCK Y WISHBONE
1287 E. Fry Boulevard
APN: 106-73-015 • Acreage: 0.71
Located on busy Fry Boulevard, this building
was previously occupied by Lucky Wishbone
restaurant. Approximately 2,588 square
feet and zoned c2, the building has been
totally upgraded with all-new equipment,
bathrooms, hvac, and plumbing. The site
currently doesn’t have a drive-through
window, but could easily be configured
to accommodate one. This is an excellent
opportunity for a restaurant to take over a
building that is fully equipped and ready to
open with great visibility and access.
CONTACT Pete Villaescusa, CBRE • Peter.Villaescusa@cbre.com • 520.323.5112
CONTACT Jesse Peron, CBRE • Jesse.Person@cbre.com • 520.323.5130
4
Commercial Property Opportunities
FORMER DAISY MAE’S STEAK HOUSE
332 N. Garden Avenue
APN: 106-65-019A • Acreage: 1.0
Built in 1905 with numerous renovations,
this restaurant is 6,000 square feet on
1+ acres and seats 180, with a full bar
and 7 unique dining rooms including
a banquet room. Furniture, fixtures,
and equipment are included in the
sale. Located near the Buffalo Soldier
gate to Fort Huachuca, there are newer
hotel and office buildings nearby. The
sales price is $395,000. The owner will
consider financing.
CONTACT Brad Snyder, Sierra Vista Realty Inc. • teamsnyder@gmail.com • 520.458.4388
FORMER FAMILY DOLLAR
100 TreeTop Avenue
APN: 107-17-108 • Acreage: 1.59
Located on State Highway 90 and
adjacent to Fry’s Grocery store, this
9,180 square foot former Family Dollar
store is located on 1.5 acres. There is
an additional 36,000 square foot pad
for added development. Included are
49 parking spaces and the site is zoned
limited commercial. This property is for
sale with an asking price of $950,000.
CONTACT David J. Blanchette, CBRE • Dave.Blanchette@CBRE.com • 520.323.5138
5
Sierra Vista Arizona
COCHISE CROSSROADS, CHARLESTON ROAD
Contiguous to Cochise Crossroads Shopping Center
APN: 107-16-026H • Acreage: 5.60 (or portion)
With a landlord who is willing to
build-to-suit, lease or sell all or part,
this site has a variety of options.
Development land: This property has
frontage on Charleston Road and is
priced at $1,474,070 ($4/sf).
Shop space is available from 1,200 to
6,218 square feet adjacent to PetSmart
and Staples. Also, 12,000 square feet
of pad space is available east of Staples.
Sales price: $72,000 ($6/sf).
CONTACT David Blanchette, CBRE • Dave.Blanchette@CBRE.com • 520.323.5138
FORMER SUTHERLANDS
493 E. Charleston Road
APN: 107-16-032B • Acreage: 5.39
Located at the corner of busy Fry
Boulevard and Charleston Road,
a
signalized
intersection,
this
65,000-square-foot big box is available
for sale or lease. Also within the center
is Ross, Hobby Lobby, C-A-L Ranch
Stores, Marshalls, and several fast-serve
restaurants.
CONTACT Brian Gast, Velocity Rental Group • Brian.Gast@velocityretail.com • 602.682.8155
CONTACT Darren Pitts, Velocity Retail Group • Darren.Pitts@velocityretail.com • 602.6826050
CONTACT Dave Cheatham, Velocity Retail Group • Dave.Cheatham@velocityretailgroup • 602.6826060
6
Commercial Property Opportunities
SOUTHWEST SYSTEMS ENGINEERING
151 E. Wilcox & Carmichael
APN: 105-10-042 • Acreage: 5.41
This 155,000-square-foot property
offers commercial/office uses. Currently,
there is 25,000 square feet available with
a backside loading dock. Prices ranging
from $9 to $14/sf.
CONTACT Dominic J. Politi Jr., Southwest Systems Engineering Corporation • politijd@ssec.com • 520.227.1536
OFFICE
66 N. Garden Avenue
APN: 106-65-029A • Acreage: 0.45
This distinctive two-story, 13,620-squarefoot building offers a great location near the
Buffalo Soldier gate of Fort Huachuca. It is
leed Silver Certified has scif in place. Cardkey access system is available throughout.
Video conferencing system in both conference rooms and Class a interior finishes.
The rooftop terrace (elevator-served) can
be used for employee functions. This site is
for sale. Asking price $3.1m. Owner may be
willing to lease back approximately 1,522
SF for a period of 2–3 years.
CONTACT David Volk, CBRE • david.volk@cbre.com • 520.323.5102
CONTACT Bruce Suppes, CBRE • bruce.suppes@cbre.com • 520.323.5111
7
Sierra Vista Arizona
OFFICE: PIAZZA SAN LORENZO
500 N. Garden Avenue
APN: 106-65-018, 106-65-018B • Acreage: 2.94
This 24,381-square-foot building is
located on Garden Avenue near the
Buffalo Soldier gate for Fort Huachuca.
There are opportunities for leases
from 100 to 7,000 square feet available.
Asking rent is $1.33/sf/month.
CONTACT Terry Lavery, Tucson Realty & Trust • tlavery@tucsonrealty.com • 520.577.7000
CONTACT Doug Richardson, Tucson Realty & Trust • drichardson@tucsonrealty.com • 520.577.7000
SOLDIER CREEK BUSINESS CENTER
655 N. Garden Avenue
APN: 106-65-017A • Acreage: 5.73
Located at the intersection of N. Fort Avenue
and N. Garden Avenue, one block from the
Buffalo Soldier gate to Fort Huachuca, this
project is a 61,525-square-foot professional
office building designed as two facilities,
25,025 square feet and 36,500 square feet.
The suites can be designed to any size specification. $18.50 per square foot, per year,
nnn. Suites will be delivered turn-key and
the landlord will provide space planning
and a tenant improvement allowance based
on building standards. 146 parking spaces.
CONTACT Frank T. Moro, First West Properties Corporation • frank@fwpc.net • 520.458.1666
CONTACT Roy W. Sutton, First West Properties Corporation • roy@fwpc.net • 520.458.1666
8
Commercial Property Opportunities
OFFICE/RETAIL
117 S. 1st Street
APN: 105-10-027A • Acreage: 0.70
This building is for sale. The free
standing building is listed for $392,000
and the owner is open to a carry back.
CONTACT Carl Mickler, Centra Realty • 520.850.6345
9
Sierra Vista Arizona
THE MALL AT SIERRA VISTA
Avenida Cochise near Highway 90
The Mall at Sierra Vista, owned by Rouse
Properties, offers 413,961 square feet of
shopping space. With anchor tenants
that include Dillard’s, Sears, Cinemark 10
Theater, and Best Buy, it is the premier place
to shop in Sierra Vista. Located on Avenida
Cochise, there are 2,288 parking spaces.
Currently, there are two interior spaces
available ranging in size from 3,784 to 5,277
square feet.
Available
Food Court
Available
CONTACT Tina Tufts, Rouse Properties • tina.tufts@rouseproperties.com • 206.819.2006
10
Commercial Property Opportunities
COMMUNITY OVERVIEW
Between
E/B
Direction
W/B
Direction
6,450
4,129
6,560
6,509
11,065
9,323
Fry Boulevard Buffalo Soldier Trail & Carmichael Avenue
Carmichael Avenue & 7 Street
th
7 Street & Lenzner Avenue
th
2
Lenzner Avenue & Coronado Drive
12,108
10,727
Coronado Drive & El Camino Real
10,939
10,174
El Camino Real & Calle Portal
10,182
10,247
Calle Portal & Avenida Escuela
12,146
11,014
INCOME
Avenida Escuela & Highway 92
11,723
8,104
$80,000
Average Daily Trips (5 day)
3
$70,000
$60,000
Positive
Direction1
Negative
Direction2
Hwy 90/Fry Boulevard & East Foothills Drive
13,548
12,324
$30,000
East Foothills Drive & Snyder Road
13,123
12,211
$20,000
Snyder Road & Avenida Cochise
11,907
10,990
$10,000
9,250
9,284
Buffalo Soldier Trail & Glenn Avenue/Kachina Trail
10,175
10,303
Glenn/Kachina & Ramsey Canyon/Ramsey Road
8,441
8,914
Ramsey Canyon/Ramsey Road & Hereford Road (Nicksville)
5,305
5,221
Hereford Road (Nicksville) & Palominas Road
2,245
2,179
Rio Vista Road & Willson Road
1,818
1,876
Street
Highway 92
U.S. Census & Arizona Office of Employment and Population Statistics
2009–2013 U.S. Census
U.S. Census Bureau, 2011–2103 American Community Survey, 3-year
Estimates and Cochise College Center for Economic Research
4
Preliminary Cochise College Center of Economic Research
1
Between
Avenida Cochise & Buffalo Soldier Trail
POS Dir AADT is the Annual Average Daily Traffic volume estimate for the positive direction of travel. A positive travel direction
corresponds to increasing highway milepost numbers. This direction is typically—but not always—associated with an eastbound or
northbound traffic movement. Figures shown have been rounded according to AASHTO guidelines.
2
NEG Dir AADT is the Annual Average Daily Traffic volume estimate for the Negative direction of travel. The negative travel direction
corresponds to decreasing highway milepost numbers. This direction is typically—but not always—associated with a westbound or
southbound traffic movement. Figures shown have been rounded according to AASHTO guidelines.
Source: Arizona Department of Transportation 2013
1
SIERRA VISTA OCCUPATIONS
Sales and Office
23.1%
Management,
Business, Science,
and Arts
40.8%
Service
23.7%
6.2%
Production,
Transportation,
and Material Moving
6.2%
Natural Resources,
Construction,
and Maintenance
Source: U.S. Census Bureau (2011–2013 American Community
Survey 3-Year Estimates) and Cochise College Center for
Economic Research.
Education Services,
Health Care, and
Social Assistance
18.3%
Retail
Trade
10.0%
Arts, Entertainment,
Recreation, Accommodation,
and Food Service
$0
Median
Household
Income
Sierra Vista
Median
Family
Income
Cochise County
Per
Capita
Income
Arizona
United States
Note: All figures expressed in 2013 dollars.
Source: U.S. Census Bureau (2011–2013 American Community Survey
3-Year Estimates) and Cochise College Center for Economic Research.
EDUCATIONAL ATTAINMENT
100%
93.3
86.4 85.8 86.3
80%
60%
20%
Public
Administration
20.8%
14.3%
$40,000
40%
INDUSTRIES IN SIERRA VISTA
(BY SHARE OF WORKFORCE)
Other
22.5%
$50,000
$27,450
$23,043
$24,961
$27,884
Street
$69,186
$53,203
$57,317
$63,784
Average Daily Trips (5 day)
SIERRA VISTA AT A GLANCE
Population of Sierra Vista (2014)1................................. 44,286
Population of Cochise County (2014)2......................... 129,628
Square Miles3..................................................................... 140
Average Age......................................................................... 33
Median Household Income (2103)3............................. $58,040
Average Housing Price4............................................. $145,000
High School Graduate or higher (% of persons 25+)2....92.7%
$58,040
$44,103
$48,548
$52,176
TRAFFIC COUNTS 2012
0%
High School Graduate
or Higher
Sierra Vista
Cochise County
32.7
23.6
27.2 29.1
Bachelor’s Degree
or Higher
Arizona
United States
Note: Population 25 years and older.
Source: U.S. Census Bureau (2011–2013 American Community Survey
3-Year Estimates) and Cochise College Center for Economic Research.
14.1%
Prof., Scientific
Mgmt., Admin.,
and Waste Mgmt.
Note: Includes only industries accounting for at least 5 percent of
the workforce; industries accounting for less than 5 percent are
grouped in the category “other.”
Source: U.S. Census Bureau (2011–2013 American Community
Survey 3-Year Estimates) and Cochise College Center for
Economic Research.
11
Sierra Vista Arizona
City of Sierra Vista
1011 N. Coronado Drive
Sierra Vista, Arizona 85635
520.678.5608
Simone.McFarland@SierraVistaAZ.gov
www.SierraVistaAZBusiness.com
www.SierraVistaAZ.gov
Produced by the City of Sierra Vista Public Affairs Office 08/2015 250