casa grande gateway shopping center · 2020. 1. 21. · 100% occupied neighborhood retail center....

4
Each Office Independently Owned and Operated AZ-CommercialRealEstate.com KW COMMERCIAL 3910 S. Alma School #1 Chandler, AZ 85248 © KWC – Keller Williams Legacy One Realty. This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs. JON HAMMOND, CCIM Director 0: 480.283.3740 C: 480.283.3740 [email protected] PROPERTY HIGHLIGHTS PROPERTY OVERVIEW 100% occupied neighborhood retail center. 7.25% 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, Do It Again Resale, Impression Dental, Rent-A-Center, Grace Buffet, Bosa Donuts, Goldberg & Osborne, Fast Auto Loans, Grand Pharmacy 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, 505-28-023 100% Occupied Monument Signage Located in Casa Grande's Main Commercial Corridor Dual Frontage Next to Walmart SuperCenter Well maintained with Ample Parking 1659 - 1677 E Florence Blvd., Casa Grande, AZ 85122 CASA GRANDE GATEWAY SHOPPING CENTER RETAIL FOR SALE Sale Price: $5,133,671 Cap Rate: 7.3% NOI: $374,758 Lot Size: 7.24 Acres Building Size: 25,250 SF Ceiling Height: 14.0 FT Year Built: 2005 Zoning: B-2 Market: Between Phoenix and Tucson Sub Market: Casa Grande Cross Streets: Arizola Rd & Florence Blvd.

Upload: others

Post on 15-Oct-2020

1 views

Category:

Documents


0 download

TRANSCRIPT

Page 1: CASA GRANDE GATEWAY SHOPPING CENTER · 2020. 1. 21. · 100% occupied neighborhood retail center. 7.25% CAP Rate Portfolio sale; includes two buildings within the Shopping Center

Each Office Independently Owned and Operated AZ-CommercialRealEstate.com

KW COMMERCIAL3910 S. Alma School #1Chandler, AZ 85248

© KWC – Keller Williams Legacy One Realty. This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for exampleonly and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of theproperty for your needs.

JON HAMMOND, CCIMDirector0: 480.283.3740C: [email protected]

PROPERTY HIGHLIGHTS

PROPERTY OVERVIEW100% occupied neighborhood retail center. 7.25% CAP Rate Portfolio sale; includes two buildingswithin 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, Do ItAgain Resale, Impression Dental, Rent-A-Center, Grace Buffet, Bosa Donuts, Goldberg & Osborne,Fast Auto Loans, Grand Pharmacy and T-Mobile. Other tenants(not included in this sale) areNextCare, Bank Of America and 99 Cents Only Store. Very busy retail center on Casa Grande's maincommercial corridor. Across the street from Wal-Mart Super Center and CVS. Solid Income stream.APN's:505-28-021, 505-28-023

100% Occupied

Monument Signage

Located in Casa Grande's Main Commercial Corridor

Dual Frontage

Next to Walmart SuperCenter

Well maintained with Ample Parking

1659 - 1677 E Florence Blvd., Casa Grande, AZ 85122

CASA GRANDE GATEWAY SHOPPING CENTER

RETAIL FOR SALE

Sale Price: $5,133,671

Cap Rate: 7.3%

NOI: $374,758

Lot Size: 7.24 Acres

Building Size: 25,250 SF

Ceiling Height: 14.0 FT

Year Built: 2005

Zoning: B-2

Market: Between Phoenix and Tucson

Sub Market: Casa Grande

Cross Streets: Arizola Rd & Florence Blvd.

Page 2: CASA GRANDE GATEWAY SHOPPING CENTER · 2020. 1. 21. · 100% occupied neighborhood retail center. 7.25% CAP Rate Portfolio sale; includes two buildings within the Shopping Center

Each Office Independently Owned and Operated AZ-CommercialRealEstate.com

KW COMMERCIAL3910 S. Alma School #1Chandler, AZ 85248

© KWC – Keller Williams Legacy One Realty. This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for exampleonly and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of theproperty for your needs.

JON HAMMOND, CCIMDirector0: 480.283.3740C: [email protected]

1659 - 1677 E Florence Blvd., Casa Grande, AZ 85122

CASA GRANDE GATEWAY SHOPPING CENTER

RETAIL FOR SALE

Page 3: CASA GRANDE GATEWAY SHOPPING CENTER · 2020. 1. 21. · 100% occupied neighborhood retail center. 7.25% CAP Rate Portfolio sale; includes two buildings within the Shopping Center

Each Office Independently Owned and Operated AZ-CommercialRealEstate.com

KW COMMERCIAL3910 S. Alma School #1Chandler, AZ 85248

© KWC – Keller Williams Legacy One Realty. This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for exampleonly and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of theproperty for your needs.

JON HAMMOND, CCIMDirector0: 480.283.3740C: [email protected]

1659 - 1677 E Florence Blvd., Casa Grande, AZ 85122

CASA GRANDE GATEWAY SHOPPING CENTER

RETAIL FOR SALE

Page 4: CASA GRANDE GATEWAY SHOPPING CENTER · 2020. 1. 21. · 100% occupied neighborhood retail center. 7.25% CAP Rate Portfolio sale; includes two buildings within the Shopping Center

Each Office Independently Owned and Operated AZ-CommercialRealEstate.com

KW COMMERCIAL3910 S. Alma School #1Chandler, AZ 85248

© KWC – Keller Williams Legacy One Realty. This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for exampleonly and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of theproperty for your needs.

JON HAMMOND, CCIMDirector0: 480.283.3740C: [email protected]

1659 - 1677 E Florence Blvd., Casa Grande, AZ 85122

CASA GRANDE GATEWAY SHOPPING CENTER

RETAIL FOR SALE

1 Mile 5 Miles 10 Miles

Total Population 3,261 45,152 72,078Population Density 1,038 575 229Median Age 43.2 34.7 35.8Median Age (Male) 43.5 35.6 35.6Median Age (Female) 43.9 34.6 36.5Total Households 1,289 17,216 27,583# of Persons Per HH 2.5 2.6 2.6Average HH Income $59,114 $55,728 $54,734Average House Value $112,838 $189,080 $184,804