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1129 E Florence Blvd - Big O Tries | Complete Remodel 2019
4,608 SF Retail Building Offered at $2,347,827 at a 5.75% Cap Rate in Casa Grande, AZ
- Top operator in the state of Arizona
- ±$22 million in revenue out of 9 existing locations
- Head franchisee of Arizona. Trains all new franchisees that enter the market
• Attractive fixed rental increases every 5 years provide hedge against inflation
• New remodel completed in 2019
• New 15-year lease
|Price||$2,347,827||Lot Size||0.54 AC|
|Sale Type||Investment||Gross Leasable Area||4,608 SF|
|Cap Rate||5.75%||No. Stories||1|
|Sale Conditions||Investment Triple Net||Year Built||1997|
|Property Sub-type||Auto Repair||Parking Ratio||2.6/1,000 SF|
|Building Class||B||No. Drive In / Grade-Level Doors||6|
About 1129 E Florence Blvd , Casa Grande, AZ 85122
• Excellent visibility along Florence Blvd. (29,346 VPD), Casa Grande's main arterial road • Big O Tires is strategically located in the heart of Casa Grande's retail corridor • Bedroom community to the Phoenix and Tucson metro areas
NNN Tenant Information
|Tenant||SF Occupied||Lease End Date|
|Big O Tires||4,608|
|Collection Street||Cross Street||Traffic Vol||Year||Distance|
|E Florence Blvd||N Trekell Rd, W||23,077||2018||0.08 mi|
|N Trekell Rd||E 8th St, N||13,062||2018||0.13 mi|
|E Florence Blvd||N Trekell Rd, E||17,191||2018||0.14 mi|
|N Trekell Rd||E 3rd St, S||6,738||2018||0.24 mi|
|E Florence Blvd||N Colorado St, E||29,346||2018||0.31 mi|
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