420 West Casa Grande Lakes Boulevard North Casa Grande, AZ 85122
4,646 sqft brick office with high-end finishes.
Property Features for 420 West Casa Grande Lakes Boulevard North
General Information
- Standard status
- Active
- Size
- 4,646 SF
- Property subtype
- OFC
Building Details
- Year Built
- 1987
Listing office KW Keeler Williams (520) 251-1034
Listing date May 26, 2022
Source Realnex
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Investment Insights
Based on property information with market context.
Key Highlights
- Highly visible and easily accessible location in a value‑protected area.
- Opulent 4,646 sqft professional office space.
- Features a grand entry foyer and rotunda, expansive library, and conference room.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $108.2k | $23.28 |
| − Vacancy | −$22.7k | −$4.89 |
| EGI | $85.4k | $18.39 |
| − OpEx | −$21.4k | −$4.60 |
| NOI | $64.1k | $13.79 |