Casa Grande Restaurant/Retail Space For
For Sale
$975,000
1300 N Pinal Ave, Casa Grande, AZ 85122
Operating Mexican food restaurant/retail space available in Casa Grande, AZ.
Property Size4,474 SF
Price / SF$217.93
Days on Market207
Property Features for 1300 N Pinal Ave
General Information
Standard status
Active
Size
4,474 SF
Property subtype
Retail
Building Details
Building Size
4,474 SF
Year Built
1965
Listing Agency:
Commercial Properties Inc
(480) 390-3515
Listed By:
Sarge Glenn · License #SA522625000
(480) 390-3515
Source:
Cpiaz
Added: Jan 26
Changed: Aug 21
Last Checked: Aug 21 at 5:57AM
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 Commercial Properties Inc
Investment Insights
Based on property information with market context.
An operating Mexican food restaurant and retail space is available for sale. The property is located at the intersection of Pinal Avenue and 13th Street in Casa Grande, Arizona. The property size is 4474 square feet.
Key Highlights
- Operating Mexican food restaurant available for sale.
- Retail space located on Pinal Ave & 13th St.
- Located in Casa Grande, AZ.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$56,473
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.79%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,129,460
$1.1M
Cap Rate 7%
$806,757
$806.8K
Cap Rate 9%
$627,478
$627.5K
Market Conditions
NOI Build-Up for 4,474 SF
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.
Gross rent
$80.5K $18.00/SF
− Vacancy
−$5.2K −$1.17/SF
EGI
$75.3K $16.83/SF
− OpEx
−$18.8K −$4.21/SF
NOI
$56.5K $12.62/SF
Area
Pinal County, AZ
Vacancy
6.50%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,129,460
Cap Rate 7%
$806,757
Cap Rate 9%
$627,478
Alternative Uses
Best Use
Specialty Retail
$806.8K
$705.9K – $941.2K
NOI $56,473 @ 7.0% cap · market cap 5.79%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.24M
$1.08M – $1.44M
NOI $86,582 @ 7.0% cap · market cap 8.88%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
793
Businesses Nearby
22k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 78%
Dining 12%
Home Improvements & Furnishings 10%
Dollar General
Shops & Services
6,405 visits/mo
0.4 miles
Family Dollar
Shops & Services
4,911 visits/mo
0.3 miles
AutoZone
Shops & Services
4,311 visits/mo
0.2 miles
Domino's Pizza
Dining
2,632 visits/mo
0.4 miles
Visiting Angels
Home Improvements & Furnishings
1,414 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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Restaurant - Operating Mexican food restaurant/retail space available in Casa Grande, AZ.
Where is this restaurant located?
The property is located at 1300 N Pinal Ave Casa Grande, AZ.
What is the asking price?
The asking price for this property is $975,000.
What are key features of this property?
This property features: Operating Mexican food restaurant available for sale.; Retail space located on Pinal Ave & 13th St.; Located in Casa Grande, AZ.
