Rencor Development announces Arrowhead Ranch Office Park, located on the southeast corner of Deer Valley Road & 78th Avenue. This 60,000 square foot medical & general office condominium project will include eight buildings.

Location
The site was selected due to its close proximity to Arrowhead Community Hospital as well as being situated north of the Loop 101 in the heart of rapidly growing, vibrant North Peoria. Demographics played a large role in site selection. There are 6,000+ new homes planned within 4 miles of this site, 25,000 cars per day travel on Deer Valley Road, and the average income within 1 mile is $92,700.

Project Features
This project is designed with the vision of medical tenants and general office tenants interacting in a garden office community. Rencor has designed the project to meet specific needs, including:

· Maximum Utilization of Space – Unlike larger office buildings that contain lobbies, corridors and elevators (referred to as the “load”), Rencor has designed Arrowhead Ranch Office Park to eliminate the load factor. The owner purchases only the area used. Further, working with our architect, you design your office space to meet your specific needs.
· Attractive, Modern Architecture – Arrowhead Ranch Office Park has been designed to present a first class appearance, with comfortable appeal for visitors. This was done to distinguish it from more institutional office facilities and to make Arrowhead the location of choice for clients.
· Increased Cash Flow – With today’s low interest rates, it’s cheaper to own than rent. SBA loans are available with as little as 10% down. Cash flow can be increased as equity is built.

Future Growth
The West Valley is exploding with growth and the North Peoria market is in the heart of this growth. Within a 7 mile radius of this site, the population is expected to increase by almost 50,000 over the next 5 years (ABC Demographic Consultants). Deer Valley Road will facilitate the majority of traffic headed eastbound on the Loop 101 and into north Phoenix.

Information
To learn more about Arrowhead Ranch Office Park and the benefits of owning versus renting, call us at 602.224.4502.