$4,620,136
1659-1677 E FLORENCE Boulevard
Casa Grande, AZ 85122
MLS# 5921652
25250 sqft


1659-1677 E FLORENCE Boulevard, Casa Grande, AZ 85122
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Property Description
93% occupied neighborhood retail center. 7.5% CAP (ACTUAL) portfolio sale includes two buildings within the center. Center is anchored by 99 Cents Only Store (not included in sale). Buildings included are 1659 and 1677 E. Florence Blvd. (7,200 SF and 10,050 SF)-1677 includes all suites west of 99Cents Only. Tenants: H&R Block, Southwest Ambulance, NESCO Resource, Impressions Dental, Rent-A-Center and Great Buffet. 1659 Tenants: BoSa Donuts, Goldberg & Osborne, Fast Auto Loans and T-Mobile + Watermill Kiosk. - DO NOT DISTURB TENANTS

Details
Maps
Documents
Contract Info
Current Price: $4,620,136
List Price: $4,620,136
Status: Active
List Date: 2019-05-01
Location, Tax & Legal
Map Code/Grid: C77
House Number: 1659-1677
Compass: E
Street Name: FLORENCE
St Suffix: Boulevard
City/Town Code: Casa Grande
State/Province: AZ
Zip Code: 85122
Country: USA
County Code: Pinal
Subdivision: Casa Grande Gateway Commercial Center - Includes Parcel # 505-28-023B
Assessor Number: 505-28-021-0
Taxes: 51798
Marketing Name: Casa Grande Gateway West
General Property Description
Approx SQFT: 25250
Year Built: 2005
Zoning: B-2
Remarks & Misc
Geo Lat: 32.879154
Geo Lon: -111.715859
Status Change Info
Status Change Date: 2019-05-06
Legal Info
Township: 06S
Range: 06E
Section: 27
Lot Number: A & C
Income & Expenses
Owner Association: Yes
Annual Other Expense: 89655
Operating Exp: 141453
Gross Annual Sch Inc: 524691
Adjusted Gross Inc: 524691
Net Operating Income: 346510
Pmt & Rate Info
Cap Rate: 7.5
Equity: 4620136
Property Features
Building Type: Commercial; Other (See Remarks)
Current Use: Mixed; Service Business; Medical/Dental; Office; Retail; Food Service
Stories: 1 Story
Construction: Block; Stucco
Roofing: Built-Up
Floors: Concrete
Ceiling Height: 8.1 Feet to 10 Feet
Heating: Heat Pump; 2 or More Units
Cooling: Heat Pump
Loading Facilities: None
Interior: Finished; Fire Sprinklers
Exterior: Corner Lot; Landscaping; Building Sign; Monument Sign
Fencing: Block; Partial
Parking: Free; Paved Parking
Electric: City Electric; Individual Meter; 220
Gas: SW Gas; Individual Meter
Water: City Franchise; Individual Meter
Sewer: Sewer - Public
Freeway/Highway: Up to 1 Mile
Owner Wants: Cash Only; Cash to Loan
Source of Fincl Data: Provided by Owner
Existing 1st Loan: Treat as Free&Clear
Existing 1st Ln Type: Not Applicable
Existing 1st Ln Trms: Not Applicable
Existing 2nd Loan: Treat as Free&Clear
Existing 2nd Ln Type: Not Applicable
Existing 2nd Ln Trms: Not Applicable
Existing 3rd Loan: Treat as Free&Clear
Existing 3rd Ln Type: Not Applicable
Existing 3rd Ln Trms: Not Applicable
Existing Othr Ln Trm: Not Applicable
Roads/Streets: Asphalt/Blacktop; Dedicated Street; Curb(s) & Gutter(s); Sidewalk(s)
Traffic Count: 35,001 to 50,000
Reports/Disclosures: Seller Prop Disc Stm
Use Restrictions: CC&R's; Currently Leased; Existing Easement(s)
Environmental: None

Listing Office: Keller Williams Legacy One

Last Updated: September - 11 - 2019

1659-1677 E FLORENCE Boulevard, Casa Grande, AZ 85122 - MLS# 5921652

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Monday 14th of October 2019 02:07 PM