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Two-Tenant NNN Retail Property
For Sale
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Pending

2461 E Florence Blvd, Casa Grande, AZ 85194

Multi-tenant commercial building with an absolute NNN lease and available endcap space.

Property Size6,023 SF
Lot Size1.17 Acres
Days on Market41

Property Features for 2461 E Florence Blvd

General Information

Standard status Pending
Size 6,023 SF
Lot size 1.17 Acres
Property subtype Retail
Occupancy 67%

Site & Location

Traffic Count 27,000 vehicles/day
Highway Access Yes
Road Access Yes

Amenities

Monument Sign Panel

Building Details

Year Built 2015
Buildings 1
Tenancy Multi
Listing Agency: Marcus & Millichap - Phoenix
Listed By: Mark Ruble · License #AZ SA550593000
Source: Crexi
Added: Jul 21 Changed: Aug 30 Last Checked: Aug 30 at 4:23AM

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 Marcus & Millichap - Phoenix

Investment Insights

Based on property information with market context.

Built in 2015, this two-tenant retail property contains approximately 6,023 square feet on about 1.17 acres. Mattress Firm occupies 67% of the building under an absolute NNN lease with 9 years remaining, 10% rent increases every five years, and two, five-year renewal options. The remaining endcap suite is available, and a monument sign panel is designated for that tenant.

The property is positioned at 2461 E Florence Blvd in Casa Grande, directly across from the Promenade at Casa Grande, a 909,000-square-foot regional shopping center. Its location east of Interstate-10 provides exposure to 27,000+ cars per day from E. Florence Blvd and sits near a retail cluster that includes Sam’s Club, Harkins Theatres, Raising Cane’s, Chase Bank, In-N-Out, Chick-fil-A, JCPenney, and Dillard’s.

Interstate-10 carries 52,700 cars per day and connects Phoenix, Casa Grande, and Tucson. The available suite also has city-permitted drive-through potential.

Key Highlights

  • Approximately 6,023‑square‑foot two‑tenant building on approximately 1.17 acres
  • Mattress Firm leases 67% of the property with 9 years remaining on an absolute NNN lease
  • Lease includes 10% rental increases every five years and two, five‑year renewal options

Property Analytics

Current Use

On Sight Shooting Gun Shop Gun Shop (Bike/Boat/Book/etc) Store W & Z Asian ... Restaurant

Suggested Use

Top Pick Real Estate Agency Big Box & Wholesale Store Parking Lot & Garage Electrical Service Garden Center Kitchen & Bath Showroom

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

27,000 VPD
Traffic count
67%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

329
Businesses Nearby
472k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 47% Apparel 31% Shops & Services 17% Home Improvements & Furnishings 3%
In-N-Out Burger Dining
50,007 visits/mo 0.2 miles
Chick-fil-A Dining
47,240 visits/mo 0.2 miles
Raising Cane's Chicken Fingers Dining
42,817 visits/mo 0.1 miles
Kohl's Apparel
35,364 visits/mo 0.2 miles
Marshalls Apparel
29,647 visits/mo 0.3 miles

Demographics for 85194, AZ

7,592
Population
3,888
Households
2
Avg Household Size
57
Median Age
28%
College-Educated
92%
High-School Grad
80.7 sq mi
ZIP Area
94
Density / Sq Mi
$79,896
Median Household Income
$44,559
Median Earnings
$1,172
Median Rent
$318,800
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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Frequently Asked Questions

What type of property is this?
NNN property - Multi-tenant commercial building with an absolute NNN lease and available endcap space.
Where is this nnn property located?
The property is located at 2461 E Florence Blvd Casa Grande, AZ.
What are key features of this property?
This property features: Approximately 6,023‑square‑foot two‑tenant building on approximately 1.17 acres; Mattress Firm leases 67% of the property with 9 years remaining on an absolute NNN lease; Lease includes 10% rental increases every five years and two, five‑year renewal options
(479) 785-4343 Call to check price and availability
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