Flex Industrial Building on 6.7
For Sale
Contact for pricing
Pending
12350 N Vistoso Park Rd, Oro Valley, AZ 85737
Freestanding 55,066 SF flex industrial building on 6.7 acres.
Property Size55,000 SF
Lot Size6.70 Acres
Days on Market771
Property Features for 12350 N Vistoso Park Rd
General Information
Standard status
Pending
Size
55,000 SF
Class
B
Lot size
6.70 Acres
Property subtype
Industrial
Occupancy
100%
Lease Type
NNN
Investment Type
Core+
Building Details
Year Built
2013
Buildings
1
Stories
1
Tenancy
Single
Listing Agency:
CBRE - Phoenix
(602) 735-1900
Listed By:
Geoffrey Turbow · License #AZ SA542278000
Source:
Crexi
Added: Jul 11, 2024
Changed: Aug 14
Last Checked: Aug 19 at 10:10AM
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
Investment Insights
Based on property information with market context.
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.
Key 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.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
655
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 85737, AZ
22,212
Population
10,574
Households
2.1
Avg Household Size
53
Median Age
54%
College-Educated
96%
High-School Grad
23.7 sq mi
ZIP Area
937
Density / Sq Mi
$106,812
Median Household Income
$56,250
Median Earnings
$1,710
Median Rent
$433,600
Median Home Value
Market
Vacancy Rate% for Industrial in West region
Questions? Ask Rey
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Frequently Asked Questions
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.
