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6550-6560 N. THORNYDALE ROAD WE ARE the CENTER Two Tenant Retail Property for Sale | Tucson, Arizona 85741 of RETAIL

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6550-6560 N. THORNYDALE ROAD WE ARE the CENTER Two Tenant Retail Property for Sale | Tucson, Arizona 85741 of RETAIL OFFERING MEMORANDUM 6550-6560 N. THORNYDALE ROAD WE ARE THE CENTER Two Tenant Retail Property for Sale | Tucson, Arizona 85741 OF RETAIL PICOR Commercial Real Estate Services For more information, please contact: 5151 E. Broadway Blvd, Suite 115 Aaron LaPrise / Retail Properties, Principal / [email protected] / +1 520 546 2770 Tucson, Arizona 85711 Greg Furrier / Retail Properties, Principal / [email protected] / +1 520 546 2735 phone: +1 520 748 7100 picor.com DESCRIPTION City, State Investment Highlights • Net Operating Income $246,998.40 • Both tenants recently extended their leases showing their commitment to the property • Both tenants have been located at property since it was constructed in 2001 • Tenant occupancy is 100% with replaceable rents • Located along major regional retail corridor, at signalized intersection entrance to Costco and Home Depot • Located in an Opportunity Zone • Quality construction, flexible design elements, with 8 bay automotive • Stable cash flow • Staggered lease terms with strong national and regional tenant mix • Professionally managed 4/30/2020 2 PROPERTY INFORMATION City, State Location Zoning 6550-6560 N. Thornydale Road The property is zoned Southeast corner of Thornydale Rd Neighborhood Commercial (NC - & Costco Dr, Marana, AZ 85741 Town of Marana) Building Size Parking 13,900 SF strip center 66 surface Parcel Age 60,400 SF of land. Pima County The building was built 2001 Tax Assessor’s parcel number 101- 03-916E Access Ingress and egress to the property is exceptional with primary entry points at traffic signal on Thornydale Rd Condition Excellent. This is well maintained and in excellent overall condition 4/30/2020 3 RENT ROLL City, State Total Size Lease Term Monthly Annual Rent Next Rent Options Suite Tenant Occupied (SF) Expiration Base Rent Base Rent Increases Increase Merle’s Automotive December 2.5% January 6550 N. Thornydale Supply (NAPA Auto 51.8% 7,200 (1) 5-year $12,083.20* $144,998.40 31, 2025 Annually 1, 2021 Parts) BRAKEmax (Greenbriar November $500/Month December 6560 N. Thornydale 48.2% 6,700 (3) 5-year $8,500.00 $102,000.00 Equity Group, L.P) 30, 2026 Every 5 years 1, 2021 Total 100% 13,900 $20,583.20 $246,998.40 *Reflects Merle’s increased Base Rent as of January 1, 2021 Property Operating Net Operating Income $246,998.40 Capitalization Rate 6.75% Purchase Price $3,660,000 Price Per Sq Ft $263 4/30/2020 4 TRADE AERIAL City, State 27,713 VPD (2017) Ina Rd New Interchange Now Open Thornydale Rd SUBJECT Orange Grove Rd 35,573 VPD (2018) 4/30/2020 5 City, State 4/30/2020 7 City, State Site Plan 4/30/2020 8 City, State Floor Plans 6560 6550 Suite Tenant Size (SF) 6560 BRAKEmax Car Centers 6,700 6550 Merle’s Automotive Supply 7,200 4/30/2020 9 TENANT SUMMARIES City, State Southern Arizona’s trusted auto service company since 1997 Was founded over 60 years ago, and with 11 locations, is a leading • ASE-Certified Master Technicians automotive parts distributor serving both the commercial and retail • Commitment to superior Customer Service markets in the greater Tucson and southern Arizona area. • 15 convenient neighborhood locations in and around Tucson, AZ Merle’s was purchased by Genuine Parts Company (NYSE: GPC) in • All locations are AAA certified a certification that requires specialty 2017. state of the art equipment, certified technicians and quality AAA facilities 2019 calendar year end reflected a record $19.4 Billion in Sales. standards. Several of the locations are also certified AAA Green With over 90 years of distribution expertise, Genuine Parts Company is Locations, which means passing environmentally friendly business a distributor of automotive replacement parts, industrial replacement practice guidelines set by AAA. parts, office products and electrical/electronic materials. GPC serves • More than Brakes… Complete car care means BRAKEmax offers numerous customers from more than 3,100 operations around the world, service on American and import cars and trucks including Fluids and and has approximately 50,000 employees. It owns the NAPA Auto Filters, shocks and struts, Air Conditioning, CV Boots and Axles, Parts brand. Computerized Alignment, Belts and Hoses, Cooling systems, Starters The Automotive Parts Group, the largest division of GPC, distributes and Alternators, transmission repair, and most frequent maintenance approximately 530,000 automotive replacement parts, accessory items, services. and service items throughout North America, Australasia, France, the In addition to complete auto repair and maintenance, BRAKEmax also U.K., Germany, and Poland. In North America, parts are sold primarily offers Auto Glass Replacement in Tucson, AZ through Max Auto Glass – under the NAPA brand name, which is widely recognized for quality the newest division of BRAKEmax. parts, quality service, and knowledgeable people. There are 6,000+ Owned by GB Auto Service, Inc., a division of Greenbriar Equity Group, NAPA AUTO PARTS stores and 57 DCs in the U.S. NAPA distribution L.P., is the 10th largest retail tire and auto service dealership in the U.S., system has more than 500,000 part numbers which are distributed with 116 outlets spread among four states. across 57 distribution centers, 6,000 NAPA AUTO PARTS stores, and more than 16,000 NAPA AutoCare and AutoCare Collision Centers The company's first acquisition in the automotive aftermarket - throughout the United States. BRAKEMax Car Care Centers of Arizona - was in 2017. The Company also distributes industrial replacement parts in the U.S., Founded in 1999, Greenbriar (www.greenbriarequity.com) focuses Canada and Mexico through its Motion Industries subsidiary. S. P. exclusively on sectors where we can bring deep domain Greenbriar Richards Company, the Office Products Group, distributes business Equity Group L.P., a Rye, N.Y.-based private equity firm has holdings in products in the U.S. and Canada. The Electrical/Electronic Group, EIS, from automotive to aerospace. Greenbriar’s investors include some of Inc., distributes electrical and electronic components throughout the the world’s largest foundations, university endowments, family offices U.S., Canada and Mexico. and insurance companies. Since our founding in 1999, Greenbriar has raised over $4.0 billion of committed capital across four funds, acquiring 31 platform companies and 51 add-on acquisitions to date. 4/30/2020 10 RESUME City, State Aaron LaPrise Principal | Retail Properties Direct +1 520 546 2770 [email protected] Profile Aaron LaPrise joined Cushman & Wakefield | PICOR in March 2012. As a native Tucsonan, his community ties and retail market knowledge make him a standout in the commercial retail arena. Aaron brings depth to Cushman & Wakefield | PICOR’s seasoned Tucson retail brokerage team, where he represents both shopping center owners and retailers. He began his real estate career in 2004 with the retail group at CBRE’s Tucson office, then spent six years specializing in shopping center development brokerage and tenant representation at The Harpel Company. Aaron has continually been one of the most active retail brokers in Southern Arizona and is involved in numerous industry organizations. He has consistently received CoStar Group’s Power Broker Designation, signifying his place among Tucson retail brokers with the highest transaction volume in the market. Aaron's strong work ethic, focus on relationships and analytical ability translate to strategic solutions for his clients. Affiliations and Achievements Partial Client List • 2018 Cushman & Wakefield | PICOR Top Retail Producer • Anytime Fitness • Davidson Myers & • Los Betos • Sears Financial Corp • Certified Commercial Investment Member (CCIM) - • Aspen Enterprises Assoc. • Massage Envy • Silver Point Capital Candidate • Ault Companies • Domino’s • McDonald’s • Southern Arizona • CoStar Group – Power Broker • Bank of the West • DriveTime • Mister Car Wash Urgent Care • International Council of Shopping Centers (ICSC) - Member • Bassett Hayden & Ray • El Molinito • Newquist Properties • Taco Bell • Urban Land Institute – Young Leaders Group • Bassett Property Co • El Pollo Loco • Nico’s • Walgreen’s • Baskin Robbins • El Pollo Feliz • O’Reilly Auto Parts • Webb Family Education • Body Central Physical • Fleet Feet Sports • Pederson Group Partnership • University of Arizona – Tucson, Arizona Therapy • Fletcher Tire • Pizza Hut • Weingarten Realty - Bachelor of Science - Business Administration- Marketing • Bridge 33 Capital • Forest City • Quik Mart Stores • Wells Fargo - Minor - Regional Development • Brooklyn Bedding • Fry’s Food Stores • R & S Mattress • Bruegger’s Bagel’s • Jack in the Box • Rancho Sahuarita • Carl’s Jr • JP Morgan Chase • Starbucks • Cottonwood • Jimmy John’s • Subway Properties • Loma Catalina • Rio West Development • CVS • Long Realty • Safeway • Dairy Queen 4/30/2020 11 RESUME City, State Greg Furrier Principal | Retail Properties Direct +1 520 546 2735 [email protected] Profile Greg Furrier, a lifelong Tucsonan, has been active in commercial real estate since 1985. He joined CB Commercial in 1986 as a retail sales and leasing specialist. Greg earned CB’s Rookie of the Year award in 1987, and distinguished himself as one of the top five producers within the Tucson office, as well as the top producing retail broker every year while at CB Commercial. He joined Cushman & Wakefield | PICOR in 1996 and focuses on landlord and tenant representation. Greg has been the top producing retail broker most every year since joining PICOR and has received many company awards,
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