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E x c l u s i v e l y R e p r e s e n t e d b y :
Rober t J. Nolan
The information contained herein has been given to us by the owner of the property or obtained from sources we deem reliable. While we do not doubt its accuracy, we have not verified it and make no guaran-
tee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. You and your advisors should conduct a careful, independent investigation of the
property to determine to your satisfaction the suitability of the property for your needs.
Shadow-Anchored Shopping Center 100% Occupied NNN Investment Offering
Safeway Vistoso Plaza Multi-Tenant NNN Investment Offering in Tucson, AZ
2960 N. Swan Road, Suite 216
Tucson, AZ 85712
Phone (520) 232-0200
Fax (520) 232-0300
www.oxfordrealtyadvisors.com
Safeway Vistoso Plaza - Offering Summary
Safeway Vistoso Plaza Shadow-Anchored Retail Center Located in Oro Valley, Arizona
Offering Summary:
Total Building Size: Approx. 34,770 RSF Total Land Size: Approx. 4.28 Acres* Occupancy: 100% Actual Net Operating Income: $716,006 (4th Quarter 2017 ) Offering Price: $9,800,000 Actual Cap Rate: 7.3% Assumable Financing Available - See Listing Agents
Property Information:
Year Built: 2001/2002 Zoning: Oro Valley PAD - C-1 Commercial Total Parking: 170 spaces*
(*Subject parcels only, additional land area, cross-access and parking spaces from Safeway and outparcels)
Demographics:
1-Mile 3-Mile 5-Mile
3,658 31,822 49,602 2015 Population
1,478 13,549 21,095 2015 Households
$101,575 $95,755 $89,200 2015 Avg. Household Income
Strong Property Fundamentals: Established Tenant Base: Approximately half of the tenant
mix is original to the center from its development in 2001/2002 Rent Growth: 3% annual rent increases in most leases pro-
vides steady growth in net income Small Suite Size: Average space is a popular and efficient
1,400rsf, eliminating “big box risk” in ownership High Volume Sales Safeway Location: The consistently
popular Vistoso Plaza is only grocery-anchored shopping center at entrance to Rancho Vistoso and Sun City Vistoso MPCs
Professional Management: Property has been professionally managed from original construction. Recent maintenance in-cludes exterior painting, parking lot recoating, and new roof on buildings A and C in 2014
Property Documents Available: CC&R’s, Cross-Easement agreements, and recent (2012) ALTA and Environmental Sur-veys available for review by prospective purchasers
Location Highlights:
Affluent Trade Area: Within a 1-mile radius of the center the average household income is $101,575
Easy access to Oracle Road: The main north/south corridor in Northwest Tucson.
High Visibility Signage: Great exposure for tenants from prominent building fascia signage
Heart of Oro Valley: In the center of densely populated resi-dential communities with significant new and planned residen-tial construction to the North, City of Tucson to the South
Incredible Natural Setting: Property backs up to large natu-ral wash and is framed by the picturesque Catalina Mountains
The information contained herein has been given to us by the owner of the property or obtained from sources we deem reliable. While we do not doubt its accuracy, we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.
*CoStar
2960 N. Swan Road, Suite 216 Tucson, AZ 85712 Phone (520) 232-0200 Fax (520) 232-0300 www.oxfordrealtyadvisors.com
Safeway Vistoso Plaza - Building Summary
12142 N. Rancho Vistoso Blvd - Building B
Building Size: Approx. 8,739 RSF
Land Size: Approx. 48,678 SF
Tax Parcel ID: 223-02-037A
12152 N. Rancho Vistoso Blvd - Building C
Building Size: Approx. 12,936 RSF
Land Size: Approx. 63,417 SF
Tax Parcel ID: 223-02-036A
The information contained herein has been given to us by the owner of the property or obtained from sources we deem reliable. While we do not doubt its accuracy, we have not verified it and make
no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. You and your advisors should conduct a careful, independent
investigation of the property to determine to your satisfaction the suitability of the property for your needs.
12112 N. Rancho Vistoso Blvd - Building A
Building Size: Approx. 13,095 RSF
Land Size: Approx. 74,457 SF
Tax Parcel ID: 223-02-0390
2960 N. Swan Road, Suite 216
Tucson, AZ 85712
Phone (520) 232-0200
Fax (520) 232-0300
www.oxfordrealtyadvisors.com
Suite Tenant Sq. Ft.
A-100 Flavor of India Restaurant 2,758
A-120 Artistry Academy, LLC 2,800
A-140 State Farm Ins. 1,002
A-150 AIM Mail Center 1,307
A-160 Planet Beach Tanning 1,307
A-170 Regis/Cost Cutters 1,307
A-180 Nails of the World 1,307
A-190 Vistoso Cleaners 1,307
B-100 Tucson Animal Hospital 1,773
B-110 The Tutoring Center 1,400
B-120 Saguaro Café 1,750
B-130 Yoga and Movement Studio 1,048
B-150 Desert Palms Physical Therapy 2,768
C-100 Halo Hair Studio 1,400
C-110 Pusch Ridge Chiropractic 1,400
C-120 Cui Huang Reflexology 1,400
C-130 Cheers to You! Nutrition 1,400
C-140 Catalina Hills Botanical Care 1,400
C-150 LabCorp, Inc. 1,400
C-160 Rosati’s Pizza and Sports Pub 2,800
C-180 Dragon Village Restaurant 1,736
Totals 34,770
Safeway Vistoso Plaza - Site Plan
120
OUTPARCEL
NOT A PART
N.A.P.
N.A.P.
N.A.P.
N.A.P.
BLDG. A
BLDG. C
BLDG. B
2960 N. Swan Road, Suite 216 Tucson, AZ 85712 Phone (520) 232-0200 Fax (520) 232-0300 www.oxfordrealtyadvisors.com
Safeway Vistoso Plaza - Financials RENTAL INCOME
PROPERTY RSF 34,770
4th Q 2017 MONTHLY NET RENT $59,874
4th Q 2017 MONTHLY NNN REIMBURSEMENTS $17,436
ANNUAL NET RENT $718,488
ANNUAL NNN REIMBURSEMENTS $209,232
GROSS ANNUAL INCOME $927,720
4% VACANCY FACTOR ($37,109)
ADJUSTED GROSS INCOME $890,611
OPERATING EXPENSES PROJECTED 2017 BASED ON JAN-JUNE 2017
PROPERTY TAXES $89,100
INSURANCE $8,438
LANDSCAPING & GROUNDS $7,578
SWEEPING $5,728
WATER $24,023
ELECTRIC $1,487
UTILITIES COMMON AREA $9,988
MAINTENANCE/REPAIRS/MISC. $2,016
VISTOSO HOA FEES 7,413
ROOFING $1,325
FIRE MONITORING & MONITORING LINES $5,975
TRASH REMOVAL $11,531
MANAGEMENT $43,877
THIRD PARTY CONTRIBUTION ($6,765)
TOTAL EXPENSES $211,714
Adjusted Net Operating Income $678,897
Adjusted Cap Rate 6.93%
2960 N. Swan Road, Suite 216 Tucson, AZ 85712 Phone (520) 232-0200 Fax (520) 232-0300 www.oxfordrealtyadvisors.com
Safeway Vistoso Plaza - Oro Valley Information
E. T
angerine Road
N. 1st Avenue
N. Rancho Vistoso Blvd.
N
Safeway Vistoso Plaza is strategically located in the heart of Oro Valley, one of Southern Arizona’s most desirable communities.
One of America’s 10 Safest Suburbs - Movoto Real Estate, 2014 Best Place in Arizona to Raise Kids - Bloomberg Businessweek, 2013 Playful City Community USA, 2011, 2012, 2013 and 2014 10 Best Towns for Families - Family Circle Magazine, August 2008 100 Best Places in America to Live and Launch a Small Business - Fortune Small
Business Magazine, April 2008
*CoStar
*www.orovalleyaz.gov
2960 N. Swan Road, Suite 216 Tucson, AZ 85712 Phone (520) 232-0200 Fax (520) 232-0300 www.oxfordrealtyadvisors.com
Safeway Vistoso Plaza - Oro Valley/Rancho Vistoso Trade Area
N O
racl
e Ro
ad /
Hwy
77
N Ora
cle
Road
/ Hw
y 77
Sun City Vistoso 2,500 Homes
Rancho Vistoso 8,000 Homes
Catalina, Oracle, San Manuel , Saddlebrooke
Dove Mountain 5,000 Homes
2960 N. Swan Road, Suite 216 Tucson, AZ 85712 Phone (520) 232-0200 Fax (520) 232-0300 www.oxfordrealtyadvisors.com
Safeway Vistoso Plaza - Comparable Sales
The information contained herein has been given to us by the owner of the property or obtained from sources we deem reliable. While we do not doubt its accuracy, we have not verified it
and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. You and your advisors should conduct a careful,
independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.
River Center NEC River and Craycroft, Tucson, AZ
Sales Price: $24,750,000.00 Cap Rate: 5.50% Building Size: 107,484 SF Sale Date: 1/9/14 Price per SF: $220.27 Whole Foods and PetSmart anchored center
The Shoppes at Rita Ranch 8110-8140 S. Houghton Road, Tucson, AZ
Sales Price: $12,750,000.00 Cap Rate: 6.15% Building Size: 32,683 SF Sale Date: 1/6/16 Price per SF: $390.00 Fry’s shadow-anchored center.
Shops at Desert Springs 7300 N La Cholla Blvd, Tucson, AZ
Sales Price: $5,381,000.00 Cap Rate: 6.60% Building Size: 20,485 SF Sale Date: 2/23/15 Price per SF: $262.68 Albertson’s shadow-anchored center.
2960 N. Swan Road, Suite 216
Tucson, AZ 85712
Phone (520) 232-0200
Fax (520) 232-0300
www.oxfordrealtyadvisors.com
Safeway Vistoso Plaza Multi-tenant NNN Investment Offering
Confidentiality Statement This Confidential Investment Offering has been prepared by Oxford Realty Advisors, Inc. (the “Exclusive Listing Agent”) for the sole purpose of the evaluation by qualified parties of the potential purchase of the Subject Property. The information contained herein is provided as a courtesy to prospective purchasers to establish a level of interest in the Subject Property, but it is not a substitute for standard due diligence investiga-tions. The information contained in this Confidential Investment Offering has been ob-tained from sources deemed reliable, and while its accuracy is not in doubt, it has not been verified and as such no guarantee, warranty or representation is made thereof. It is each party’s responsibility to independently verify the accuracy and completeness of all information required to evaluate a purchase. Additional Information and an opportunity to inspect the Property will be made avail-able to interested and qualified prospective buyers. All prospective buyers must be registered with the Exclusive Listing Agent - no contact of any kind shall be made with any tenants of the property without prior approval by Seller or Exclusive Listing Agent. Potential Purchasers are advised to consult with their tax, financial and legal advisors concerning all matters pertaining to their review of the Subject Property. The Seller and the Exclusive Listing Agent hereby disclaim any responsibility for inaccuracies con-tained herein, and Prospective Purchasers hereby agree to indemnify and hold Seller and the Exclusive Listing Agent harmless from any and all claims arising out of infor-mation contained herein or the delivery of future additional information. Owner and Exclusive Listing Agent expressly reserves the right, at their discretion, to reject any or all expressions of interest or terminate the negotiations with any entity at any time with or without notice. Only upon mutual execution of a full Real Estate Sale and Purchase Agreement shall each party be bound to perform.
For additional information please contact
Listing Agent:
Robert J. Nolan (520) 232-0200 x 118
Oxford Realty Advisors, Inc. 2960 N. Swan Rd. #216
Tucson, AZ 85712
Do not disturb Tenants - all Property tours by appointment only.
The information contained herein has been given to us by the owner of the property or obtained from sources we deem reliable. While we do not doubt its accuracy, we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.
2960 N. Swan Road, Suite 216 Tucson, AZ 85712 Phone (520) 232-0200 Fax (520) 232-0300 www.oxfordrealtyadvisors.com