Owner User or Investment Sale

Fairways at Superstition 2500 S Power Bldg 5 | Mesa, Arizona 85209

3,584 SF, Office Building

Available For Sale

Kyle DavisD: 480.889.2566M: 203.419.5385kdavis@cpiaz.com

The information contained herein has been obtained from various sources. We have no reason to doubt its accuracy; however, J & J Commercial Properties, Inc. has not verified such information and makes no guarantee, warranty or representation about such information. The prospective buyer or lessee should independently verify all dimensions, specifications, floor plans, and all information prior to the lease or purchase of the property. All offerings are subject to price change, prior sale, lease, or withdrawal from the market without prior notice. Effective: 06 22 17

Fairways at Superstition

The information contained herein has been obtained from various sources. We have no reason to doubt its accuracy; however, J & J Commercial Properties, Inc. has not verified such information and makes no guarantee, warranty or representation about such information. The prospective buyer or lessee should independently verify all dimensions, specifications, floor plans, and all information prior to the lease or purchase of the property. All offerings are subject to price change, prior sale, lease, or withdrawal from the market without prior notice. Effective: 09 20 17

2500 S Power Bldg 5Mesa, AZ. 85209

CONFIDENTIAL

MEMORANDUM

The information on Fairways & Superstition (“Property”) provided by Commercial Properties, Inc. (“CPI”), may be used only by parties approved by CPI and the Owner. The property is privately offered and, by accepting this Offering Memorandum, the party in possession hereof agrees (i) to return it to CPI, immediately upon request of CPI or the Owner and; (ii) that this Offering Memorandum and its contents are of a confidential nature and will be held and treated in the strictest confidence. No portion of this Offering Memorandum may be copied or otherwise reproduced or disclosed to anyone without the prior written authorization of CPI.

The information contained in this Offering Memorandum is confidential, furnished solely for review purposes by a prospective purchaser of the Property and is not to be used for any other purpose or made available to any other person without the expressed written consent of CPI. This information is presented to you for your analysis only to determine if you are interested in pursuing this investment opportunity as Principals. The material is based in part upon information supplied by the Owner and in part upon information obtained by CPI from sources it deems reasonably reliable. Summaries of any documents are not intended to be comprehensive or all-inclusive, but rather only outlines of some of the provisions contained herein. No warranty or representation, expressed or implied, is made by the Owner, CPI, or any of their respective affiliates as to the accuracy or completeness of the information contained herein or as to engineering and environmental matters. Prospective purchasers should make their own projections and conclusions without reliance upon the material contained herein and conduct their own independent due diligence, including but not limited to, engineering and environmental inspections, to determine the condition of the Property and the existence of any potentially hazardous materials on the property.

The Owner expressly reserves the right, at its sole discretion, to reject any and all expressions of interest, or offers to purchase the Property and/or terminate discussions with any party at any time, with or without notice. The Owner shall have no legal commitment or obligation to any purchaser reviewing this Offering Memorandum or making an offer to purchase the Property, unless a written agreement for the purchase of the Property has been fully executed, delivered, and approved by the Owner and any conditions to the Owner’s obligations thereunder have been satisfied or waived. CPI is not authorized to make any representations or agreements on behalf of the Owner.

The terms and conditions set forth apply to the Offering Memorandum in its entirety. CPI, is acting as the exclusive Agent for the Owner in this transaction. It is important to understand that this confidential memorandum shall not be deemed a representation of the state of affairs of the property, or constitute an indication that there has been no change in the business or affairs of the property since the date of preparation of this memorandum.

Fairways at Superstition

The information contained herein has been obtained from various sources. We have no reason to doubt its accuracy; however, J & J Commercial Properties, Inc. has not verified such information and makes no guarantee, warranty or representation about such information. The prospective buyer or lessee should independently verify all dimensions, specifications, floor plans, and all information prior to the lease or purchase of the property. All offerings are subject to price change, prior sale, lease, or withdrawal from the market without prior notice. Effective: 09 20 17

2500 S Power Bldg 5Mesa, AZ. 85209

AREA

OVERVIEW

Mesa Gateway AreaAnchored by the second major airport serving Greater Phoenix, Phoenix-Mesa Gateway Airport, Mesa Gateway is a 35-square-miles, developing aerotropolis ideal for international companies, aerospace/aviation and defense firms, research and development, high-tech manufacturers, data centers, large industrial users, and educational institutions, as well as for residents to live, work, study, and play. The region features highly-skilled technology talent, abundant land and building options, substantial infrastructure, and convenient market access, the Mesa Gateway Area is a smart location for intelligent companies.

Source: mesaaz.gov bizjournals.com topgolf.com/us/gilbert eastvallytribune.com newsy.com

Top GolfTopgolf is the premier golf entertainment complex where the competition of sport meets your favorite local hangout. You can challenge your friends and family to addictive point-scoring golf games that anyone from the hopeful pro golfer to your neighbor’s 7-year-old kid can play year-round. Just picture a 240-yard outfield with dartboard-like targets in the ground. The closer to the center or “bull’s-eye” you get and the farther out you hit your microchipped balls, the more points you receive. Score even bigger with Topgolf’s extensive food and beverage menu that is sure to impress even the pickiest foodies. It’s not golf – it’s Topgolf. Give it a shot!

Loop 202 AreaGilbert Mayor John Lewis sees lines forming for more than just the restaurants in the Heritage District. He sees companies starting to line up and fill the growing office inventory along Loop 202 running through the East Valley town. “Companies today are looking for quality workforce, and we have the most educated population in the Valley,” said Lewis. “It’s our job to create a live-work-play environment so our families don’t have to face long commutes.”

GilbertA suburb of Phoenix, Gilbert is considered a “boom town” and reportedly has five times the job growth as the average U.S. city. Mayor John Lewis said it’s an exciting time to be part of the Gilbert community. “We are thrilled to be recognized as the second fastest-growing community in the country,” he said in an email. “It’s an exciting time in Gilbert and there are many more new developments to look forward to.

Fairways at Superstition

The information contained herein has been obtained from various sources. We have no reason to doubt its accuracy; however, J & J Commercial Properties, Inc. has not verified such information and makes no guarantee, warranty or representation about such information. The prospective buyer or lessee should independently verify all dimensions, specifications, floor plans, and all information prior to the lease or purchase of the property. All offerings are subject to price change, prior sale, lease, or withdrawal from the market without prior notice. Effective: 09 20 17

2500 S Power Bldg 5Mesa, AZ. 85209

Fairways at Superstition

The information contained herein has been obtained from various sources. We have no reason to doubt its accuracy; however, J & J Commercial Properties, Inc. has not verified such information and makes no guarantee, warranty or representation about such information. The prospective buyer or lessee should independently verify all dimensions, specifications, floor plans, and all information prior to the lease or purchase of the property. All offerings are subject to price change, prior sale, lease, or withdrawal from the market without prior notice. Effective: 09 20 17

2500 S Power Bldg 5Mesa, AZ. 85209

Aerial Photograph

SUBJECTS Power Rd

E Baseline Rd

Fairways at Superstition

The information contained herein has been obtained from various sources. We have no reason to doubt its accuracy; however, J & J Commercial Properties, Inc. has not verified such information and makes no guarantee, warranty or representation about such information. The prospective buyer or lessee should independently verify all dimensions, specifications, floor plans, and all information prior to the lease or purchase of the property. All offerings are subject to price change, prior sale, lease, or withdrawal from the market without prior notice. Effective: 09 20 17

2500 S Power Bldg 5Mesa, AZ. 85209

09/29/2011

S P

ow

er R

d

SUBJECT

Aerial Photograph

Fairways at Superstition

The information contained herein has been obtained from various sources. We have no reason to doubt its accuracy; however, J & J Commercial Properties, Inc. has not verified such information and makes no guarantee, warranty or representation about such information. The prospective buyer or lessee should independently verify all dimensions, specifications, floor plans, and all information prior to the lease or purchase of the property. All offerings are subject to price change, prior sale, lease, or withdrawal from the market without prior notice. Effective: 09 20 17

2500 S Power Bldg 5Mesa, AZ. 85209

10/07/2016

309-05-518

309-05-519

Parcels

Fairways at Superstition

The information contained herein has been obtained from various sources. We have no reason to doubt its accuracy; however, J & J Commercial Properties, Inc. has not verified such information and makes no guarantee, warranty or representation about such information. The prospective buyer or lessee should independently verify all dimensions, specifications, floor plans, and all information prior to the lease or purchase of the property. All offerings are subject to price change, prior sale, lease, or withdrawal from the market without prior notice. Effective: 09 20 17

2500 S Power Bldg 5Mesa, AZ. 85209

2500 S Power Bldg 5

Floor Plans

Fairways at Superstition

The information contained herein has been obtained from various sources. We have no reason to doubt its accuracy; however, J & J Commercial Properties, Inc. has not verified such information and makes no guarantee, warranty or representation about such information. The prospective buyer or lessee should independently verify all dimensions, specifications, floor plans, and all information prior to the lease or purchase of the property. All offerings are subject to price change, prior sale, lease, or withdrawal from the market without prior notice. Effective: 09 20 17

2500 S Power Bldg 5Mesa, AZ. 85209Executive Summary

Address: 2500 S Power Bldg 5

Property Type: Office Condo Building

Sale Price: $537,600

Price/SF: $150.00

Building Area: 3,584 SF

Tax Parcel: 309-05-518 309-05-519 Zoning: GO GO

Fairways at Superstition

The information contained herein has been obtained from various sources. We have no reason to doubt its accuracy; however, J & J Commercial Properties, Inc. has not verified such information and makes no guarantee, warranty or representation about such information. The prospective buyer or lessee should independently verify all dimensions, specifications, floor plans, and all information prior to the lease or purchase of the property. All offerings are subject to price change, prior sale, lease, or withdrawal from the market without prior notice. Effective: 09 20 17

2500 S Power Bldg 5Mesa, AZ. 85209

Fairways at Superstition is an office park of mixed two story and single story office buildings

located north of the north west corner of Power and Guadalupe and backs up to scenic views

of Superstition Springs Golf Club. The park is located strategically with great access to the 60

Freeway and Loop 202 in the Mesa Gateway and Loop 202 submarket and is centrally located

to the Gilbert employee base, which is one of the fastest growing and most sought after

employee bases in the nation. The park is located near excellent restaurants, amenities, and golf

courses/attractions.

Building 2500 S Power Building 5 is occupied by Long Realty Partners who are on a month-to-

month lease. Lease rate is under market and presents potential value add opportunity for Buyer.

Month-to-month lease provides flexibility for buyers interested in either owner user, investment, or

combination opportunities. The building is zoned as a multi-tenant condo building and currently

consists of 2 different parcels. Buyer can sell these units as individual condo’s without any re-

zoning required.

* Do Not Disturb Tenants

Investment Summary

Fairways at Superstition

The information contained herein has been obtained from various sources. We have no reason to doubt its accuracy; however, J & J Commercial Properties, Inc. has not verified such information and makes no guarantee, warranty or representation about such information. The prospective buyer or lessee should independently verify all dimensions, specifications, floor plans, and all information prior to the lease or purchase of the property. All offerings are subject to price change, prior sale, lease, or withdrawal from the market without prior notice. Effective: 09 20 17

2500 S Power Bldg 5Mesa, AZ. 85209Property Highlights

Great Central East Valley Location• Easy Access from arterial freeways US 60 & Loop 202• Exploding population base

Area Amenities• Top Golf• San Tan Village• Superstition Springs Mall• Superstition Springs Golf Club• Restaurants, Entertainment & Hospitality• Banner Gateway Hospital

Office Park Setting• Professional Office Tenants• Easy ADA Accessibility due to single level design• OA maintained common areas

Fairways at Superstition

The information contained herein has been obtained from various sources. We have no reason to doubt its accuracy; however, J & J Commercial Properties, Inc. has not verified such information and makes no guarantee, warranty or representation about such information. The prospective buyer or lessee should independently verify all dimensions, specifications, floor plans, and all information prior to the lease or purchase of the property. All offerings are subject to price change, prior sale, lease, or withdrawal from the market without prior notice. Effective: 09 20 17

2500 S Power Bldg 5Mesa, AZ. 85209

2500 S Power Bldg 5 Annual PSF

2016 Property Tax $6,211 $1.73

HOA $6,732 $1.88

Insurance (Allocated) $993 $0.28

Total $13,936 $3.89

Operating Expenses

Fairways at Superstition

The information contained herein has been obtained from various sources. We have no reason to doubt its accuracy; however, J & J Commercial Properties, Inc. has not verified such information and makes no guarantee, warranty or representation about such information. The prospective buyer or lessee should independently verify all dimensions, specifications, floor plans, and all information prior to the lease or purchase of the property. All offerings are subject to price change, prior sale, lease, or withdrawal from the market without prior notice. Effective: 09 20 17

2500 S Power Bldg 5Mesa, AZ. 85209Sale Comps

Property Address Property Name Year Built Sale Date Bldg SF Sale Price Price Per SF

1. 690 E Warner Rd Bldg 5 2007 6-29-2016 6,937 $1,040,550 $150.00

2. 1754 E Boston St Bldg 6 2016 6-14-2016 4,414 $675,000 $152.92

3. 633 E Ray Rd, 101/1st Floor Bldg 1 2006 3,508 $189.57

4. 3048 E Baseline Rd, 123 & 124/1st Floor Bldg 11 2003 10-31-2016 3,600 $605,000 $168.06

5. 1485 S Higley Rd, 100/1st Floor Bldg 2 2008 3,000 $155.00

3 4

1 2

5

Fairways at Superstition

The information contained herein has been obtained from various sources. We have no reason to doubt its accuracy; however, J & J Commercial Properties, Inc. has not verified such information and makes no guarantee, warranty or representation about such information. The prospective buyer or lessee should independently verify all dimensions, specifications, floor plans, and all information prior to the lease or purchase of the property. All offerings are subject to price change, prior sale, lease, or withdrawal from the market without prior notice. Effective: 09 20 17

2500 S Power Bldg 5Mesa, AZ. 85209

Fairways at Superstition

The information contained herein has been obtained from various sources. We have no reason to doubt its accuracy; however, J & J Commercial Properties, Inc. has not verified such information and makes no guarantee, warranty or representation about such information. The prospective buyer or lessee should independently verify all dimensions, specifications, floor plans, and all information prior to the lease or purchase of the property. All offerings are subject to price change, prior sale, lease, or withdrawal from the market without prior notice. Effective: 09 20 17

2500 S Power Bldg 5Mesa, AZ. 85209