Food Manufacturing
For Sale
$11,250,000
1221 West Gila Bend Highway, Casa Grande, AZ 85193
Manufacturing property with upgraded building systems, food-grade flooring, rail access, and expansion land.
Property Size90,000 SF
Lot Size18.00 Acres
Price / SF$125
Days on Market105
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Property Features for 1221 West Gila Bend Highway
General Information
Standard status
Active
Size
90,000 SF
Total Parking Spaces
95
Lot size
18.00 Acres
Property subtype
Industrial
Warehouse & Industrial
Clear Height
32 ft
Warehouse Space
39,000 SF
Dock-High Doors
10
Rail Access
Yes
Column Spacing
26 ft x 37 ft
Sprinkler System
Yes
Additional Details
Opportunity Zone
Yes
Fenced Yard
Yes
Building Details
Year Built
1995
Building Size
90,000 SF
Listing Agency:
CBRE
Listed By:
Jesse Blum · License #SA637961000
(520) 323-5185
Source:
Cbre
Added: Jul 3
Changed: Oct 3
Last Checked: Oct 14 at 10:10PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CBRE
Investment Insights
Based on property information with market context.
This manufacturing facility includes approximately 90,000 square feet of building area, with a 39,000-square-foot warehouse and dedicated manufacturing space. The 1995 property has food-grade floor tiles, a renovated roof, a newly fenced perimeter, and an updated fire suppression system. Warehouse clear height is approximately 32 feet, while manufacturing areas provide approximately 22 feet. The layout includes 10 dock doors, 95 parking spaces, and 26-by-37-foot column spacing.
The property occupies approximately 18 acres at 1221 West Gila Bend Highway in Casa Grande, Arizona. Approximately 5 acres are identified as shovel-ready expansion land. Union Pacific and OmniTrax railway access are noted, and the property is located within an Opportunity Zone. Assessor Parcel Nos. are 503-48-003Q and 403-48-003M.
The property occupies approximately 18 acres at 1221 West Gila Bend Highway in Casa Grande, Arizona. Approximately 5 acres are identified as shovel-ready expansion land. Union Pacific and OmniTrax railway access are noted, and the property is located within an Opportunity Zone. Assessor Parcel Nos. are 503-48-003Q and 403-48-003M.
Key Highlights
- ±90,000 SF building on ±18 acres
- ±39,000 SF warehouse with 32’ clear height
- Food‑grade floor tiles for food and beverage manufacturing
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$925,381
Cap Rate
8.23%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$18,507,620
$18.5M
Cap Rate 7%
$13,219,729
$13.2M
Cap Rate 9%
$10,282,011
$10.3M
Market Conditions
NOI Build-Up for 90,000 SF
Gross rent
$1.25M $13.92/SF
− Vacancy
−$164.1K −$1.82/SF
EGI
$1.09M $12.10/SF
− OpEx
−$163.3K −$1.81/SF
NOI
$925.4K $10.28/SF
Area
Pinal County, AZ
Vacancy
13.10%
Lease Rate
$13.92 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$18,507,620
Cap Rate 7%
$13,219,729
Cap Rate 9%
$10,282,011
Alternative Uses
Best Use
Warehouse
$13.22M
$11.57M – $15.42M
NOI $925,381 @ 7.0% cap · market cap 8.23%
Second Best
Industrial
$6.24M
$5.46M – $7.28M
NOI $437,089 @ 7.0% cap · market cap 3.89%
Theoretical Best
Office A
$24.88M
$21.77M – $29.03M
NOI $1,741,703 @ 7.0% cap · market cap 15.48%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Lease Details
32 ft
Clear height
10
Dock-high doors
Yes
Sprinkler system
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
64
Businesses Nearby
Explore this area
Business Placement
Demographics for 85193, AZ
4,450
Population
1,650
Households
2.7
Avg Household Size
40
Median Age
6%
College-Educated
74%
High-School Grad
213.3 sq mi
ZIP Area
21
Density / Sq Mi
$61,860
Median Household Income
$33,878
Median Earnings
$846
Median Rent
$118,900
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in West region
Frequently Asked Questions
What type of property is this?
Manufacturing property - Manufacturing property with upgraded building systems, food-grade flooring, rail access, and expansion land.
Where is this manufacturing property located?
The property is located at 1221 West Gila Bend Highway Casa Grande, AZ.
What is the asking price?
The asking price for this property is $11,250,000.
What are key features of this property?
This property features: ±90,000 SF building on ±18 acres; ±39,000 SF warehouse with 32’ clear height; Food‑grade floor tiles for food and beverage manufacturing
