For local start-up businesses or small regional companies looking to expand, finding the right lease space can be a little like being Goldilocks & the Three Bears. In one market, the spaces might be too big; in another, they may be too small or don’t exist at all. In another location, the lease rate may be too high and in another, there may be no place to expand.
And if you’re looking to serve multiple Arizona markets, the travel time and cost from locations that have more choices may well outweigh the benefits. However, there is a location in between that may be just right.
Positioned for Success
Located at 12501 N. Murphy Road on the southwestern side of the Ak-Chin Indian Community’s industrial park, Santa Cruz Commerce Center, the Mesquite Building lies in the state’s gateway region, just 14 miles from the heart of Casa Grande and only eight miles from the center of the City of Maricopa. This multi-tenant complex houses five suites and has visibility from the Maricopa-Casa Grande Highway, making it ideal for small manufacturing operations, distribution centers, or even kids’ recreation facilities.
This is what attracted Beth Mundell, owner of Fyrestorm Cheer. A Mesquite Building tenant since August 2013, Mundell is enthusiastic about her location.
“I loved that the space was perfect for my business!” she said. “For a new business starting out, the price was affordable and terms doable for us. We could not have made this dream a reality anywhere else.”
Built in 2010, the Mesquite Building features hard-to-find office/warehouse space that can be customized to a tenant’s needs. Moreover, the building’s gross lease rates historically have run about 20 percent below current NNN leases in the surrounding areas. Ak-Chin-owned utilities are also a benefit of being a Mesquite building tenant.
“We love Ak-Chin Energy Services for keeping our rates so low,” Mundell added. “It really makes a big difference in our operating expense.”
Room to Grow
Should a business outgrow its space in the Mesquite Building, there’s still room to grow in the Santa Cruz Commerce Center. Currently, the Commerce Center has approximately 50 acres of leasable land that can be used for an owner-built or a build-to-suit facility. With lots starting at 1.2 acres and up, the Commerce Center can offer qualified lessees some favorable terms to expand. For example, a tenant can typically amortize construction costs over a long-term lease that will give them a customized facility without the sizable upfront capital outlay.
The Deciding Factors
There are many factors to consider when choosing the right location for your business and for a lot of good reasons, the Mesquite Building at Santa Cruz Commerce Center could be just right for your business.
Content sponsored by Santa Cruz Commerce Center.