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• Utilities: - Water: 16” line in Ellsworth Road 16” line in Ray Road
- Sewer: Planned Sewer Line in Ellsworth Road
• Potential campus site or major mixed-use development site
• ±2,500 homes are expected to be built in adjacent MPC’s by 2020
• The second phase of SR-24 from Ellsworth Road to Ironwood Drive is scheduled to begin within the next 12 months
• Point Twenty-Two Blvd will be complete through Eastmark to Ellsworth Road by October of 2018
• Near the Phoenix-Mesa Gateway Airport, East side terminal funding under way
• ASU Polytechnic Campus nearby
• Apple’s Global Command Center is located roughly 1.5 miles NE of the siteCushman & Wakefield Copyright 2018. No warranty or representation, express or implied, is made to the accuracy or completeness of the
information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and to any special listing conditions imposed by the property owner(s). As applicable, we make no representation as to the condition of the property (or properties) in question.
This property lies within one of several ‘opportunity zones’ within Arizona. The federal Opportunity Zone program allows each state’s governor to nominate up to 25% of qualifying low-income Census tracts as Opportunity Zones. Investors who reinvest capital gains monies in Opportunity Zone funds will receive reductions on capital gains relative to the years of their investment:
Investments held 10 years: taxable amount of the capital gains reinvested is reduced by 15% an no tax is owed on appreciation.
Investments held 7 years: taxable amount of the capital gains reinvested is reduced by 15%.
Investments held 5 years: taxable amount of the capital gains reinvested is reduced by 10%.