Flex Industrial Building on 6.7
12350 N Vistoso Park Rd, Oro Valley, AZ 85737
Freestanding 55,066 SF flex industrial building on 6.7 acres.
Type:Industrial
Property size:
55,000 SFLot size:
6.70 AcresPrice / SF:
$245/SF- Added:
- Jul 11, 2024
- Days on Market:
- 680
- Last Refresh:
- May 12 at 8:27 pm
Property Features for 12350 N Vistoso Park Rd
General Information
- Standard status
- Active
- Size
- 55,000 SF
- Lot size
- 6.70 Acres
- Property subtype
- Industrial
Building Details
- Year Built
- 2013
Listing agent Geoffrey Turbow License #AZ SA542278000
Listing office CBRE - Phoenix
Listing date Jul 11, 2024
Source Crexi
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of CBRE - Phoenix
HighLights
- 100% leased to Parker Hannifin (Moody’s: Baa1), a market‑leading aerospace leader, providing a stable income stream.
- Freestanding 55,066 SF flex industrial research and development building on 6.7 acres.
- Significant physical and financial upside potential.
- Excess land allows for potential future expansion of approximately 15,000 SF.
- Recent landlord investments include roof upgrades exceeding $500,000.
- Built in 2013, originally as a build‑to‑suite for Parker Hannifin's subsidiary.
Overview
This freestanding flex industrial research and development building, totaling 55,066 square feet on 6.7 acres, was originally built-to-suite for Securaplane Technologies, Inc., a subsidiary of Parker Hannifin. The property is 100% leased to Parker Hannifin, a market-leading aerospace company, and serves as a critical site for their global operations. This offers a stable income stream backed by a financially robust, publicly-traded company. The property is strategically designed for potential expansion, which Parker Hannifin’s subsidiary, Securaplane/Meggitt, can utilize for future growth opportunities. Excess land offers the potential for future expansion of approximately 15,000 square feet. Recent capital expenditures include roof upgrades exceeding $500,000, and recent tenant allowances for improvements totaled $375,375.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Flex space
Location Insight
- Map
- Local Demand
- City
- Oro Valley
- County
- Pima
- State
- Arizona
- Longitude
- -110.9420463
- Latitude
- 32.4289231
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FAQs
What type of property is this?
Flex space - Freestanding 55,066 SF flex industrial building on 6.7 acres.
Where is this flex space located?
The property is located at 12350 N Vistoso Park Rd Oro Valley, AZ.
What is the asking price?
The asking price for this property is $13,495,000.
What are key features of this property?
This property features: 100% leased to Parker Hannifin (Moody’s: Baa1), a market‑leading aerospace leader, providing a stable income stream.; Freestanding 55,066 SF flex industrial research and development building on 6.7 acres.; Significant physical and financial upside potential.
