Two Story Class B Office | Mid-Sized Floor Plates | Surface Parking | Catering to Mid-sized Tenants
Situated on 3.68 acres within Green Valley Corporate Center North, the Plaza 8 Office Building (“Plaza 8”) is a classically-designed, two-story office building totaling 54,365 square
feet. Developed in 2002, the office building’s high-quality construction is highlighted by a dramatic entry flanked with soaring palm trees, reflective glass providing abundant natural
light, an inviting lobby with polished granite accents, large and flexible floor plates and modern interior finishes. Extensive window lines also provide tenants with views of the surrounding area and the attractive, tree-lined landscaping. Further enhancing the corporate environment are pedestrian walkways linking the Property with the adjacent Plaza 9 and Plaza 10 buildings, as well as convenient and plentiful parking with 226 surface spaces providing a ratio of 4.2 per 1,000 rentable square feet.
Plaza 8 is 64.1% leased to three tenants:
Atkins, Barrick Gold and Signature Gallery of Homes. Together, these companies offer a desirable tenancy with leases that extend through 2020 and no rollover until September 2018.
Plaza 8 also provides an investor with significant upside through the immediate lease-up of the two vacant suites in addition to leasing opportunities through future rollover. Further strengthening potential value enhancement, all three in-place leases were executed over the past three years, an indication of the Property’s continued desirability.