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IAN TURNER, CCIM, MRED Associate Broker 602.566.7206 [email protected] AZ #BR547155000 INSIGNIA CRE 2375 E. CAMELBACK RD SUITE 350 PHOENIX, AZ 85016 WWW.SPERRYCGA.COM 1040 EA 1040 EAST INDIAN SCHOOL RO T INDIAN SCHOOL ROAD AD, PHOENIX, AZ 850 , PHOENIX, AZ 85014 14 IDEAL LIVE/WORK OPPORTUNITY! INSIGNIA CRE
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1040 INDIAN SCHOOL BROCHURE-3-6-2019 · IAN TURNER, CCIM, MRED Associate Broker 602.566.7206 [email protected] AZ #BR547155000 INSIGNIA CRE 2375 E. CAMELBACK RD SUITE 350 PHOENIX,

Aug 02, 2020

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Page 1: 1040 INDIAN SCHOOL BROCHURE-3-6-2019 · IAN TURNER, CCIM, MRED Associate Broker 602.566.7206 ian.turner@sperrycga.com AZ #BR547155000 INSIGNIA CRE 2375 E. CAMELBACK RD SUITE 350 PHOENIX,

IAN TURNER, CCIM, MREDAssociate [email protected] #BR547155000INSIGNIA CRE2375 E. CAMELBACK RDSUITE 350PHOENIX, AZ 85016WWW.SPERRYCGA.COM

1040 EA1040 EASST INDIAN SCHOOL ROT INDIAN SCHOOL ROADAD, PHOENIX, AZ 850, PHOENIX, AZ 8501414

IDEAL LIVE/WORK OPPORTUNITY!INSIGNIA CRE

Page 2: 1040 INDIAN SCHOOL BROCHURE-3-6-2019 · IAN TURNER, CCIM, MRED Associate Broker 602.566.7206 ian.turner@sperrycga.com AZ #BR547155000 INSIGNIA CRE 2375 E. CAMELBACK RD SUITE 350 PHOENIX,

IDEAL WIDEAL WORK/LIVE REDEVELORK/LIVE REDEVELOPMENT OPPORTUNITYOPMENT OPPORTUNITY 1040 EA1040 EASST INDIAN SCHOOL ROT INDIAN SCHOOL ROADAD, PHOENIX, AZ 850, PHOENIX, AZ 8501414

We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submittedsubject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We include projections, opinions, assumptionsor estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisors should conduct your own investigation of theproperty and transaction.

EXECUTIVE SUMMAREXECUTIVE SUMMARY /Y /// 22SperryCSperryCGA - Insignia CREGA - Insignia CRE /// 23/ 23775 E. CAMELBA5 E. CAMELBACK RDCK RD, SUITE 3, SUITE 35050, PHOENIX, AZ 850, PHOENIX, AZ 85016 /16 // SPERR/ SPERRYYCCGA.GA.CCOMOM

SSALE PRICEALE PRICE $300$300,,000000

OFFERING SUMMAROFFERING SUMMARYY

Lot Size: 0.19 Acres

Year Built: 1968

Building Size: 2,572 SF

Zoning: C-2

Market: Phoenix

Submarket: Central Phoenix

Price / SF: $116.64

1040 East Indian School Road is an ideal Live/Work opportunity that lies in the path-of-progress that istransitioning this Central Phoenix neighborhood. The property consists of two freestanding buildings that sit on +/-.2 of an acre, that has 55 linear foot of frontage along Indian School Road. The front building is approximately 962square foot of residential living space that can easily be utilized for office or retail uses if desired. On the back ofthe property sits a +/- 1,610 square foot warehouse and a covered metal roof structure that is ideal for a showroomor small distribution company.

PROPERTY OPROPERTY OVERVERVIEWVIEW

PROPERTY HIGHLIGHTPROPERTY HIGHLIGHTSS

• LIVE/WORK OPPORTUNITY

• TWO FREE STANDING BUILDINGS

• RETAIL/OFFICE/RESIDENTIAL +/- 962 S.F.

• WAREHOUSE/SHOWROOM +/- 1,610

• MAJOR ARTERIAL FRONTAGE ALONG INDIAN SCHOOL ROAD

• MINUTES FROM V.A. HOSPITAL

• LESS THAN A MILE FROM SR-51 DIAMOND INTERCHANGE

• AREA GENTRIFICATION IN PROGRESS

EXECUTIVE SUMMAREXECUTIVE SUMMARYY

Page 3: 1040 INDIAN SCHOOL BROCHURE-3-6-2019 · IAN TURNER, CCIM, MRED Associate Broker 602.566.7206 ian.turner@sperrycga.com AZ #BR547155000 INSIGNIA CRE 2375 E. CAMELBACK RD SUITE 350 PHOENIX,

IDEAL WIDEAL WORK/LIVE REDEVELORK/LIVE REDEVELOPMENT OPPORTUNITYOPMENT OPPORTUNITY 1040 EA1040 EASST INDIAN SCHOOL ROT INDIAN SCHOOL ROADAD, PHOENIX, AZ 850, PHOENIX, AZ 8501414

We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submittedsubject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We include projections, opinions, assumptionsor estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisors should conduct your own investigation of theproperty and transaction.

LLOCAOCATION MAPS /TION MAPS /// 33SperryCSperryCGA - Insignia CREGA - Insignia CRE /// 23/ 23775 E. CAMELBA5 E. CAMELBACK RDCK RD, SUITE 3, SUITE 35050, PHOENIX, AZ 850, PHOENIX, AZ 85016 /16 // SPERR/ SPERRYYCCGA.GA.CCOMOM

This multi-functional property sits on the major arterial road of Indian SchoolRoad between 7th Street and 12th Street in Central Phoenix. State Route 51 isless than a mile to the east, and the main Veterans Administration hospital isless than a quarter mile to the west. The property is contiguous to a verysuccessful alternative lifestyle bar to the west, and across the street to thesouth lies the Blues bar the Rhythm Room. Much redevelopment can beobserved along Indian School Road to the east and it is safe to say that theproperty is the path of a redevelopment wave in the future.

LLOCAOCATION OTION OVERVERVIEWVIEW

LLOCAOCATION MAPSTION MAPS

Page 4: 1040 INDIAN SCHOOL BROCHURE-3-6-2019 · IAN TURNER, CCIM, MRED Associate Broker 602.566.7206 ian.turner@sperrycga.com AZ #BR547155000 INSIGNIA CRE 2375 E. CAMELBACK RD SUITE 350 PHOENIX,

IDEAL WIDEAL WORK/LIVE REDEVELORK/LIVE REDEVELOPMENT OPPORTUNITYOPMENT OPPORTUNITY 1040 EA1040 EASST INDIAN SCHOOL ROT INDIAN SCHOOL ROADAD, PHOENIX, AZ 850, PHOENIX, AZ 8501414

We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submittedsubject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We include projections, opinions, assumptionsor estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisors should conduct your own investigation of theproperty and transaction.

WWWWWW.IANPTURNER..IANPTURNER.CCOM /OM /// 44SperryCSperryCGA - Insignia CREGA - Insignia CRE /// 23/ 23775 E. CAMELBA5 E. CAMELBACK RDCK RD, SUITE 3, SUITE 35050, PHOENIX, AZ 850, PHOENIX, AZ 85016 /16 // SPERR/ SPERRYYCCGA.GA.CCOMOM

2375 E. Camelback Rd, Suite 350Phoenix, AZ 85016T 602.566.7206C [email protected] #BR547155000

PROFESPROFESSIONAL BASIONAL BACKCKGROUNDGROUND

Ian Turner, CCIM, MRED, specializes in the sale and leasing of Industrial & Office properties at Sperry Commercial.His approach is that of a Trusted Advisor that guides him throughout his Real Estate practice. It begins with asimple question, “How can I add value to the client?” Once this goal is established, Ian is able to utilize hiscombined experience of over 20 years in the construction, development, brokerage and valuation of real estate toproduce results. Ian does this through applying his tenacity, attention to detail, and his ability to communicateeffectively.Ian is a passionate lifelong learner. He combined his love of learning and love of real estate when he received hisMasters in Real Estate Development (MRED) from Arizona State University in 2008. He completed his B.S. inBusiness and Project Management at the University of Phoenix prior to that in 2007. Mr. Turner received hisArizona real estate broker’s license in 2008 and is nearing completion of his C.C.I.M. designation. He has held anArizona General Contractors license and is a graduate of the Union Carpenter’s Apprenticeship program in NewYork City.As a consultant and principal, Ian has been involved in acquisitions, due diligence, financial feasibility, siteselection, valuation and construction management.*Specializing in Industrial and Office*Tenant Representation/Owner User Acquisitions*Sales of Investment Properties/Sale Leasebacks*Assistance in loan procurement funding for purchase, refinance, or construction

EDUCAEDUCATIONTION

*B.S. University of Phoenix-Business and Project Management*M.S. Arizona State University- Master in Real Estate Development*CCIM 101-104*Fluent in Conversational Hebrew

MEMBERSHIPS & AFFILIAMEMBERSHIPS & AFFILIATIONSTIONS

*Lambda Alpha International (LAI)*Risk Management Association (RMA)*LAI Pathfinders*Federation High Tech Committee*CCIM Designee

IAN TURNER, CIAN TURNER, CCIM, MREDCIM, MRED

Associate Broker

WWWWWW.IANPTURNER..IANPTURNER.CCOMOM