Neighborhood Center - Casa Grande, AZ 100% Occupied
Listing was updated at: 06/04/2019
Property Overview
Price/Rent PSF $ 4,620,136.00
Asset Type Retail
Trade Type Sale
SQ. FT. Available 25,250
Date Available 05/24/2019
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Parking 182
Floors 1
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Description

Location
Florence Blvd. & Arizola Directions: I-10 & Florence Blvd (AZ-287);West to Arizola, West of Southwest Corner. Casa Grande Gateway Shopping Center is anchored by 99 Cents Only Store and Bank of America. Property is western half of this center.

Sale
93% occupied neighborhood retail center. 6.8% CAP Rate Portfolio sale; includes two buildings within the Shopping Center. Center is anchored by 99 Cents Only Store (not included in portfolio). Buildings included are 1677 - All west of 99 Cents Only Store (18,050 SF) & 1659 E Florence Blvd (7200 SF) bldg with Florence Blvd. frontage. Tenants: H & R Block, Southwest Ambulance, NESCO Resource, Impression Dental, Rent-A-Center, Great Buffet, BoSa Donuts, Goldberg & Osborne, Fast Auto Loans and T-Mobile. Other tenants(not included in this sale) are NextCare, Bank Of America and 99 Cents Only Store. Very busy retail center on Casa Grande's main commercial corridor. Across the street from Wal-Mart Super Center and CVS. Solid Income stream. APN's:505-28-021, 505-28-023

Location