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Universal Technical Institute Campus | Phoenix, AZ

2844 & 2932 W. Deer Valley Road, Phoenix, AZ 85027

Description

The Universal Technical Institute (UTI) Campus is comprised of three (3) Industrial service buildings situated on roughly eleven (11) acres of prime land that fronts along Deer Valley Road a major east-west arterial serving the northern portion of the Valley. Building A lies along Deer Valley Road at the main entrance of the campus and serves as an admissions office along with classroom space. Building B serves as financial aid, student services, accounting and lab space. Building C is located along 30th Avenue and it serves as lab space, an auditorium, computer lab and education offices. Collectively the buildings and associated departments represent a carefully planned and highly functional campus environment. All three (3) buildings are on separate tax parcels and each parcel has dedicated ingress/egress points. Buildings A and C have ingress/ egress points along Deer Valley Road and building B has two (2) dedicated ingress/egress points along Louise Drive.

Universal Technical Institute
Industrial Property

Price: $

Building Size: 99,859 SF

Price/SF: $

Property Type: Industrial

Property Sub-type: Industrial-Business Park

Property Use Type: Net Lease Investment with 7 years left on lease

Cap Rate: 7%

Occupancy: 100%

No. Stories: 1

Tenancy: Single

Year Built: 2002

Clear Ceiling Height: 16 ft.

Dock-High Doors/Loading: 1

Lot Size: 11.01 AC

Parking Ratio: 5.60 / 1,000 SF

Listing ID: 19377743

Last Updated; 11 days ago

Additional Information

The UTI Campus is located in the Deer Valley submarket. This trade area lies in the northern portion of the Valley at the northeast corner of the Loop 101 and, Interstate 17 freeway interchange. The submarket obviously enjoys tremendous freeway access but also benefits from its close proximity to the vast labor pool that lies in the northwest quadrant of the Valley. What' s more Deer Valley enjoys a 7 to 10 minute proximity to the prestigious Scottsdale Airpark and North Scottsdale trade areas to he immediate east. Substantial decision-maker housing surrounds the location in all directions in areas such as Scottsdale, Arrowhead Ranch, Desert Ridge and other significant pockets located in the northern portions of Phoenix.

 

Net Operating Income:$1,078,000

ELAND INVESTMENT