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Community Shopping Center
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1320-1350 East Florence Boulevard, Casa Grande, AZ 85122

Recently remodeled community shopping center with strong national and local tenant mix and 97% occupancy.

Property Size94,497 SF
Lot Size7.40 Acres
Days on Market125

Property Features for 1320-1350 East Florence Boulevard

General Information

Standard status Active
Size 94,497 SF
Lot size 7.40 Acres
Property subtype Retail
Occupancy 97%

Additional Details

Cap Rate 8.15%

Building Details

Year Built 1982
Year Renovated 2013
Tenancy Multi
Listing Agency: CBRE - Phoenix
Listed By: Andrew Fosberg · License #AZ SA535679000
Source: Crexi
Added: Apr 10 Changed: Aug 8 Last Checked: Jul 20 at 6:40PM

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 - Phoenix

Investment Insights

Based on property information with market context.

Casa Grande Shopping Center is a recently remodeled, 94,497-square-foot community shopping center developed in 1982 and completely renovated in 2013. The property offers retail space occupied by a mix of national and local tenants, currently 97% leased.

The center is located at the northeast corner of Florence Boulevard and Colorado Street on 7.40 acres. Major tenants include Big Lots and OfficeMax, which recently relocated to the property, along with other retailers and service users such as Big 5 Sporting Goods, Pet Club, Metro PCS, Western Dental, Loan Max, Hertz, and Jackson Hewitt.

The tenant roster also notes several additional operators not included in the offering, including Dollar Tree, Mor Furniture for Less, Great Western Bank, and Dunkin’ Donuts. The listing highlights that between Big Lots and OfficeMax they occupy over 50% of the gross leasable area.

Key Highlights

  • Recently remodeled 94,497 SF community shopping center in Casa Grande, AZ
  • 97% leased to a mix of national and local tenants including Big Lots, OfficeMax, Western Dental, Hertz, and Jackson Hewitt
  • 7.40 acres at the northeast corner of Florence Boulevard and Colorado Street

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Real Estate Agency Law Firm Big Box & Wholesale Store HVAC Service Building Supply Parking Lot & Garage

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

97%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

859
Businesses Nearby
265k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Dining 47% Superstores 45% Home Improvements & Furnishings 5% Hotels & Casinos 2%
Walmart Superstores
119,934 visits/mo 0.4 miles
Whataburger Dining
26,253 visits/mo 0.2 miles
Texas Roadhouse Dining
24,387 visits/mo 0.1 miles
Chipotle Mexican Grill Dining
17,498 visits/mo 0.3 miles
Panda Express Dining
16,304 visits/mo 0.4 miles

Demographics for 85122, AZ

55,063
Population
24,238
Households
2.3
Avg Household Size
39
Median Age
19%
College-Educated
88%
High-School Grad
56.4 sq mi
ZIP Area
976
Density / Sq Mi
$64,243
Median Household Income
$38,679
Median Earnings
$1,289
Median Rent
$242,500
Median Home Value

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
Rey
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Similar Off Market Nearby

  • Grande Shops 1377 E Florence Blvd #147, Casa Grande, AZ 85122
  • Tri-Valley Plaza 1325 E Florence Blvd, Casa Grande, AZ 85122
  • Coinstar 1385 E Florence Blvd, Casa Grande, AZ 85122

Frequently Asked Questions

What type of property is this?
Shopping center - Recently remodeled community shopping center with strong national and local tenant mix and 97% occupancy.
Where is this shopping center located?
The property is located at 1320-1350 East Florence Boulevard Casa Grande, AZ.
What are key features of this property?
This property features: Recently remodeled 94,497 SF community shopping center in Casa Grande, AZ; 97% leased to a mix of national and local tenants including Big Lots, OfficeMax, Western Dental, Hertz, and Jackson Hewitt; 7.40 acres at the northeast corner of Florence Boulevard and Colorado Street
More about this property
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