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1730-1880 E. RIVER ROAD TUCSON, ARIZONA

CAMBRIC CORPORATE CENTER

CAPITAL MARKETS | INSTITUTIONAL PROPERTIES

PROPERTY OVERVIEW

THEOFFERING

CBRE is pleased to present the opportunity to acquire the fee simple interest in Cambric Corporate Center (the “Property”), a seven-building, multi-tenant office campus. At ±163,424 rentable square feet, the offering represents the opportunity to own the largest multi-tenant office property in the prestigious Catalina Foothills submarket of Tucson, Arizona. The attractive two and three-story office buildings are 95% leased and appeal to a myriad of small, medium and large sized tenants in the financial services, education, legal, medical, and professional service industries among others. Strategically positioned at one of the premier intersections in Tucson, Arizona – River Road and Campbell Avenue, Cambric Corporate Center is adjacent to Tucson’s highest-end retail centers, Joesler Village and St. Phillip’s Plaza, both of which offer best-in-class restaurant and shopping amenities. Additionally, some of Tucson’s finest executive housing and world-renowned resorts including the Westin La Paloma and Loews Ventana Canyon resorts are within a 10-minute drive of the Property. Cambric Corporate Center provides an investor the opportunity to acquire a well maintained, income-producing property with tremendous upside, located in the heart of the Catalina Foothills submarket at a discount to replacement cost.

Address 1730-1880 E. River Road | Tucson, Arizona

Occupancy 95%

Number of Tenants 41

Square Footage ±163,424 RSF

Site Area ±7.91 Acres

Floors 2 & 3

Number of Buildings 7

Year Built 1985

Parking Ratio ±3.7 per 1,000 SF

Zoning C-1, City of Tucson

Offering Price Submit Offer

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CAMBRIC CORPORATE CENTER

ACCESS TO A LARGE, DIVERSE AND WELL-EDUCATED LABOR POOL

The location of Cambric Corporate Center has some tremendous advantages. It is very close to the geographic center of Tucson. Both Campbell Avenue and River Road are major transportation corridors in Tucson, so access to and from Cambric Corporate Center is superb. With a location minutes from the University of Arizona, this area also has a high concentration of well-educated employees.

NOT TO SCALE

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INVESTMENTHIGHLIGHTS

EXCELLENT INTRINSIC VALUE

Built in 1985, Cambric Corporate Center offers a “Main & Main” corporate office environment in a lushly landscaped setting. On-site amenities include several fountains, koi ponds, shaded seating areas, covered parking, building and monument signage, hair salon, and locker rooms with showers. In addition to the myriad of on-site amenities, the Cambric Corporate Center enjoys a prime, best-in-market location that is easily accessible to all parts of Tucson. This “Main and Main” location serves as a link between Downtown Tucson and the Catalina Foothills – an attribute that cannot be duplicated anywhere else in the Tucson market.

PREMIER TUCSON LOCATION

Cambric Corporate Center is situated at one of the most desirable intersections in Tucson – Campbell Avenue and River Road. This location has the largest concentration of commercial space in the area and many high-end retailers and restaurants. It is also the gateway to the prestigious Catalina Foothills where the majority of the executive housing in Tucson is located as well as the finest luxury resorts in Tucson including: The Westin La Paloma Resort and Spa, Loews Ventana Canyon Resort and the Canyon Ranch Spa.

STABLE, LONG-TERM TENANCY WITH BELOW MARKET IN-PLACE RENTS

Cambric Corporate Center is currently 95% leased with many long-term tenants – 22 of the 41 tenants, occupying 86% of the occupied space, have called Cambric Corporate Center home for more than five years. Additionally, the complex is home to many regionally and nationally recognized tenants including: McKesson Corp, Northwestern Mutual, Title Security Agency, and Blackstone’s Finance of America Mortgage among others.

Current in-place office leases are structured on a full service gross basis with built-in increases and average $23.79 PSF, which is 9% below market rents. The leases provide investors the stability of a high quality income stream with predictable annual rental increases coupled with the opportunity to enhance value by re-tenanting current vacancy and upcoming rollover at market rates.

±2 MILES FROM THE UNIVERSITY OF ARIZONA AND BANNER UNIVERSITY MEDICAL CENTER

Both of these prominent establishments are located less than 2 miles south on Campbell Avenue. The University of Arizona, has a 2018 enrollment of 43,625 students and recently ranked #124 in National Universities (U.S. News & World Report, 2017). Also, the 487-bed Banner University Medical Center has two major projects underway - a $120 million building and parking garage adjacent to the Cancer Center at Campbell and Allen (±0.75 miles south of Cambric) and a $450 million project on Campbell, north of Speedway (±3.5 miles south of Cambric). This new development represents the substantial investment to this location.

WALKABLE SURROUNDING AMENITIES

Cambric Corporate Center is located directly across the street from more than 155,000 SF of retail and restaurants at both Joesler Village and St. Philip’s Plaza. These two Class-A retail centers feature numerous restaurants including P.F. Chang’s, Starbucks, SEIS Kitchen, Sullivan’s Steakhouse, Zinburger and Pure Love Juice to name a few. They are also home to some of the finest boutiques and galleries in Tucson. In addition to the restaurants and shops, there are also several banks, luxury multifamily apartments, hotels and a full-service post office within a short walk from the office campus.

OUTSTANDING CATALINA FOOTHILLS DEMOGRAPHICS

To the north and east of Cambric Corporate Center are the Catalina Foothills, which boasts some of the highest average household incomes in all of Arizona – $127,090 - 230% higher than the City of Tucson as a whole. Home values within the Catalina Foothills are the highest within all of Tucson averaging $588,761. Also, residents are very educated with 72.1% possessing an associates degree or higher, providing a highly skilled, diverse and educated workforce.

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CATALINA MOUNTAINS

RIVER ROAD

JOESLER VILLAGE

CATALINA FOOTHILLS

AVERAGE HH INCOME:

$127,090

RILLITO RIVER PARK TRAIL

±12-MILE LINEAR PARK

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RIVER ROAD

CAMPBELL AVENUE

CATALINA FOOTHILLS HOUSING

AVERAGE HOME VALUE:

$588,761

ST. PHILLIP’S PLAZA

CAMBRIC CORPORATE CENTER

RILLITO RIVERSITE OUTLINE NOT TO SCALE

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INVESTMENT CONTACTS

BARRY GABEL Executive Vice President +1 602 735 5273 barry.gabel@cbre.com

CHRIS MARCHILDON Vice President +1 602 735 5625 chris.marchildon@cbre.com

DEBT & STRUCTURED FINANCE CONTACT

BRUCE FRANCIS Vice Chairman +1 602 735 1781 bruce.francis@cbre.com

CBRE, Inc. Broker Lic. 00409987

© 2018 CBRE, Inc. All rights reserved. This information has been obtained from sources believed reliable, but has not been verified for accuracy or completeness. You should conduct a careful, independent investigation of the property and verify all information. Any reliance on this information is solely at your own risk. CBRE and the CBRE logo are service marks of CBRE, Inc. All other marks displayed on this document are the property of their respective owners. Photos herein are the property of their respective owners. Use of these images without the express written consent of the owner is prohibited.

1730-1880 E. RIVER ROAD TUCSON, ARIZONA

CAMBRIC CORPORATE CENTER

BOB SMITH Executive Vice President +1 949 725 8527 bob.smith@cbre.com

LEASING CONTACT:

DAVE MONTIJO First Vice President +1 520 323 5136 david.montijo@cbre.com

This listing will be sold through the Arizona licensed real estate agents/brokers above. All questions, comments or other communications should be directed to Barry Gabel, Chris Marchildon and/or Will Mast.

WILL MAST Vice President +1 602 735 5206 will.mast@cbre.com