$3,038,880
45654 W Edison Road
Maricopa, AZ 85139
MLS# 6156602
Status: Closed
5826 sqft


Scene 02_072120
  1 / 13  
Scene 02_072120 20220213_095626 20220213_095721 20220213_095815 20220213_095636 20220213_103302 20220213_103322 20220213_094959 20220213_095230 20220213_094952 20220213_095144 A B

Property Description
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

Details
Documents
Contract Info
Current Price: $3,038,880
Sold Price: $3,038,880
Status: Closed
List Date: 2020-11-05
Ownership: Fee Simple
Location, Tax & Legal
Map Code/Grid: W35
House Number: 45654
Compass: W
Street Name: Edison
St Suffix: Road
City/Town Code: Maricopa
State/Province: AZ
Zip Code: 85139
Country: US
County Code: Pinal
Subdivision: ESTRELLA GIN BUSINESS PARK
Assessor Number: 510-17-018
Tax Year: 2019
General Property Description
Ttl Apx SqFt Bldg: 5826
# of Buildings: 1
Year Built: 2021
Uncvrd Parking Spcs: 1375
Zoning: Light Industria
Contact Info
List Agent Home Phn: 480-703-3316
Sold Info
Loan Type: Cash
Payment Type: Other
Clsing Cost Split: Normal - N
Buyer Concession $/%: $
Seller Concession $/%: $
Remarks Misc
Cross Street: NEC Estrella Parkway & Edison
Directions: West from John Wayne Parkway & Edison to Estrella Parkway. Building to be on the NWC of this intersection.
Geo Lat: 33.065922
Geo Lon: -112.058924
Status Change Info
Off Market Date: 2022-05-04
Under Contract Date: 2022-04-28
Close of Escrow Date: 2022-05-13
Sold Price: $3,038,880
Legal Info
Lot Number: TBD
Income Expenses
Net Operating Income: 155000
Property Features
Building Type: Commercial; Office; Other (See Remarks)
Business Type: Mixed; Professional/Office; See Remarks
Stories: 1 Story
Construction: Metal; Other
Roofing: Foam; Other
Floors: Concrete
Ceiling Height: 8.1 Feet to 10 Feet
Cooling: Central Air
Loading Facilities: None
Interior Features: Finished to Suit
Exterior: Curb(s) & Gutter(s); Sidewalk(s)
Fencing: None
Building Features: Conference Room; Other (See Remarks)
Parking Features: Parking Lot
Electric: Other (See Remarks)
Gas: Other (See Remarks)
Water Source: Private; Other
Sewer: Sewer - Public
Railroad: Railroad 1 - 5 Miles; Other (See Remarks)
New Financing: Cash Only; Cash to Loan; 1031 Exchange
Showing Notification Methods: Text; Email; Phone Call
Lockbox Type: None
Special: Owner/Agent
Source of Fincl Data: Owner; Projected Proforma
Existing 1st Loan: Treat as Free&Clear
Road Surface Type: Asphalt
Traffic Count: Unknown
Use Restrictions: CC&R's; Currently Leased; Other (See Remarks)
Environmental: Other (See Remarks)
Supplements
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

IDX
Listing Office: eXp Realty

Office Phone: 888-897-7821

Office Email: [email protected]

Last Updated: March - 06 - 2025

Copyright 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.