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1314 E Florence Blvd

Casa Grande, AZ 85122 · Retail For Sale

Investment Highlights

  • The Property is 100% leased to two long-term anchor tenants: Dollar Tree (±15,115 locations) and Mor Furniture for Less (±36 locations).
  • Mor Furniture for Less opened at this location in 2016 signing a 10-year lease with 5% rental increases every 2.50 years.
  • In October 2019, Mor Furniture announced it is being sold to a Chinese home furnishings conglomerate, Healthcare Co. Ltd, ($5 billion market cap).
  • Dollar Tree has been operating from this location since 2001 and just signed a 10-year lease extension with 10% rental increases every 5 years.
  • Not included in the offering, but also located in the shopping center are: Big Lots, OfficeMax, Big 5, Pet Club and Dunkin Donuts, among others.
  • The Property has excellent visibility, freeway proximity and is in the heart of a large and desirable trade area with ±28,151 vehicles passing per day

Property Facts

Property Type
Building Size
Building Class
Year Built
Property Type
Building Size
Building Class
Year Built
Price
Property Type
Building Size
Building Class
Year Built
Price
Tenancy
Building Height
Loading Docks
Building FAR
Land Acres
Retail
45,327 SF
B
1982
Retail
45,327 SF
B
1982
Upon Request
Retail
45,327 SF
B
1982
Upon Request
Multiple
1 Story
2 Exterior
0.25
4.24 AC
Price
Tenancy
Building Height
Tenancy
Building Height
Loading Docks
Building FAR
Land Acres
Upon Request
Multiple
1 Story
Multiple
1 Story
2 Exterior
0.25
4.24 AC
Loading Docks
Building FAR
Land Acres
2 Exterior
0.25
4.24 AC
Zoning
Parking
Opportunity Zone
B-2, Casa Grande
154 Spaces (3.4 Spaces per 1,000 SF Leased)
No

Amenities

  • Dedicated Turn Lane
  • Pylon Sign
  • Signage
  • Listing ID: 17708964
  • Date Created: 11/13/2019
  • Last Updated:

zoning

Zoning Code B-2, Casa Grande

Links

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