Cox Tucson Operations Center

Tucson, AZ

Offering Memorandum

The Offering

Key Facts

Type Mission-critical operations hub serving all of Southern Arizona
Total Building Area ±30,899 SF
Percent Leased 100%
Year Built 1990, with numerous remodels including in 2024
Parking Ratio ±7.5 spaces per 1,000 SF
Price Call and Submit Offer
Address 1440 E 15th St, Tucson, AZ 85719
Land Area ±4.86 acres

Investment Summary

Colliers is pleased to exclusively offer for sale 1440 East 15th Street, Tucson, Arizona (the “Property”), a ±28,591 SF, mission-critical operations campus located on ±4.86 acres near downtown Tucson. The Property has been continuously 100% NNN leased to Cox Communications Arizona, LLC, or its predecessors since 1990. Cox Communications Arizona, LLC, the Property’s tenant, is a subsidiary of Cox Communications Inc. (S&P: BBB, Stable), the country’s largest private broadband company.

Strategically located near Interstate 10, Highway SR 210, and South Kino Parkway, the Property has excellent local and regional connectivity. The site benefits from its central location and is among several of Tucson’s economic hubs, including the University of Arizona and downtown Tucson, both within just two miles of this facility.

Offering Highlights

• Continuously 100% leased to Cox Communications Arizona, LLC or its predecessors for 30+ years

• NNN lease provides an investor with “hands-free” oversight

• Tenant regularly reinvests capital into the entire site and equipment, including a full remodel of building interiors in 2024

• Fully secure site located within two miles of University of Arizona and downtown Tucson

• Generous, secured site with ample room for future growth

• Strategically located in the center of Tucson, Close to Downtown Tucson and the campus of University of Arizona

• Adjacent to strategic transportation routes that easily access the entire region in minutes

• Flexible zoning that allows outside storage, telecommunications tower, as well as offices and storage - numerous other businesses would likely step forward if this were available for lease

• Mature, infill location that is surrounded by affordable housing and numerous amenities, while minimal land available for future development, and rising construction costs support the demand for existing buildings over new construction