Tucson Realty

N Vistoso Park Rd

Sale

Contacts

Frank Arrotta

License: BR07838900
Phone: (520) 577 – 7000

Active

Asking: $2,500,000

Address

N Vistoso Park Rd, Oro Valley, AZ 85755

Property Details

Property Type: Land
Sub-type: Commercial/Industrial/
Lot Size by Acre: 8.9
Zoning: PAD, CPI – Town of Oro Valley
APN: 219-20-9110

Property Description

Innovation Park is situated in the heart of a growing region, the Town of Oro Valley, rated one of America’s best cities which is northwest of Metro Tucson that is noted for of variety of life Bioscience disciplines. The Oro Valley area is a product of “organic” growth stemming from a variety of resources fostering recognition as an exceptional place to live and work. This area is experiencing continued residential growth and offers some of the strongest household incomes in Metro Tucson

Investment Highlights

Site Features and Characteristics

  • The development site offers great exposure with approximately 487 feet of frontage on Tangerine Road.
  • Development site is level and great access and exposure
  • Dramatic views of the Santa Catalina Mountain that creates the resort setting for new development.
  • The parcel is directly to the east of Oro Valley Hospital and across Tangerine Road to the south is the 800,000 square foot Oro Valley Marketplace with tenants: Walmart Supercenter,
  • Century Theatres, Best Buy, Dick’s Sporting Goods, DSW, Big Lots, Petco, Ultra Beauty Ashley, ln-N-Out Burger, Olive Garden, Red Lobster… and the list goes on.
  • Heart of Oro Valley. In the center of densely populated residential communities to the north, the Town of Marana to the west and the city of Tucson to the south.
  • Development site is just west and has easy access to north Oracle Road. The main north/south corridor road between Oro Valley and central Tucson.
  • Easy access to Interstate 10. Phoenix to the North – Mexico to the South

Corporate Neighbors in Innovation Park

  • Oro Valley Hospital
  • Ventana Medical Systems (Roche Pharmaceuticals)
  • Meggitt Securaplane Technologies
  • Icagen (formally Sanon-Aventis)
  • Innovation Corporate Center with current tenants: Sonora Quest, Oro Valley Pediatrics, Arizona Gastroenterology, Nationwide Insurance, Innovation Dental, Arizona Oral & Maxilofacial Surgeons, Desert Sage Internal Medicine and Intelligent Office Suites.
  • Tucson Orthopedic Institute
  • All Seasons Senior Care
  • Western National Parks Association
  • The Town of Oro Valley Municipal Complex
  • Honeywell Aerospace (south of Innovation Park
  • Sigma Technologies (south of Innovation Park

Incentive Programs

Oro Valley Primary Employer Incentive Program

This program aims to encourage the expansion of existing businesses and also to attracting new primary employers to the Town. New capital investment revenues may be reimbursed to qualified primary employers for allowable expenses based upon the economic impact of their project and business to the Town of Oro Valley.

The Work Opportunity Tax Credit (WOTC)

This program provides a federal tax credit available to employers for hiring individuals

from certain targeted groups who have consistently faced significant barriers to employment. The program was created under a provision of The Protecting Americans from Tax Hikes Act of 2015 (the PATH Act)

Foreign Trade Zone Opportunity:

Property can be designated and activated as Foreign Trade Zone (FTZ). This allows companies to reduce costs from customs duties, taxes, and tariffs, improve global market competitiveness, and minimize bureaucratic regulations. Sun Corridor Inc. is the administrator of FTZ #174 and can provide additional information on how to best utilize this incentive.

Arizona Commerce Authority (ACA)

ACA offers several incentive options to new and expanding businesses in the State of Arizona. The ACA has programs focused on tax relief, talent and training, innovation and entrepreneurship, small businesses, manufacturing, rural economic development, and international trade.

ARIZONA@WORK

Pima County One-Stop Workforce Development System offers a nationally recognized job training program to prepare individuals for quality jobs. Pima County can provide federally funded job training programs

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Listing Contacts

Frank Arrotta

License: BR07838900
Phone: (520) 577 – 7000