Sinclair NNN Gas
320 W FLORENCE BLVD, Casa Grande, AZ 85122
For Sale
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A fee-simple retail motor-fuels property is leased under an absolute NNN structure with scheduled rent increases.
Property Size2,130 SF
Lot Size0.55 Acres
Price / SF$1,910
Days on Market47
Property Features for 320 W FLORENCE BLVD
General Information
Standard status
Size
Lot size
Property subtype
Occupancy
Net Operating Income
Financials
Asking Price
Cap Rate
Site & Location
Highway Access
Road Access
Automotive
Automotive Uses
Convenience Store
Fuel Brand
Tenancy & Operations
Currently Operating
Tenant in Place
In-Place Lease Type
Real Estate Included
Building Details
Buildings
Tenancy
Listing Agency:
Commercial Plus
Listed By:
Alexander Pavone · License #SA662387000
Source:
Crexi
Added: Sep 24
Changed: Nov 8
Last Checked: Nov 8 at 2:52PM
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 Plus
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Investment Insights
Based on property information with market context.
The offering comprises a Sinclair-branded gas station and convenience store on approximately 0.55 acres across three contiguous parcels. The building contains approximately 2,130 square feet. Site improvements include four multi-product fuel dispensers, fuel-system upgrades, a replaced roof, and recently paved and striped parking and circulation areas. The sale conveys the land and improvements subject to the existing lease; the tenant’s business, inventory, and operations are excluded.
The 20-year primary lease runs through August 13, 2046, and includes four five-year renewal options. Base rent increases 10% every five years during the initial term, with the same increase schedule applying to each renewal option. The absolute NNN lease assigns property taxes, insurance, maintenance, repairs, structural and roof obligations, paving, and fuel systems to the tenant.
The property is on Florence Boulevard at a signalized intersection involving three routes, with regional roadway connections to Interstate 8 and Interstate 10. The surrounding 15-minute trade area is projected to grow from approximately 76,800 residents in 2026 to approximately 87,400 by 2031.
The 20-year primary lease runs through August 13, 2046, and includes four five-year renewal options. Base rent increases 10% every five years during the initial term, with the same increase schedule applying to each renewal option. The absolute NNN lease assigns property taxes, insurance, maintenance, repairs, structural and roof obligations, paving, and fuel systems to the tenant.
The property is on Florence Boulevard at a signalized intersection involving three routes, with regional roadway connections to Interstate 8 and Interstate 10. The surrounding 15-minute trade area is projected to grow from approximately 76,800 residents in 2026 to approximately 87,400 by 2031.
Key Highlights
- Sinclair‑branded gas station and convenience store on approximately 0.55 acres across three contiguous parcels
- Approximately 2,130‑square‑foot building with four multi‑product fuel dispensers
- Approximately 35,000 gallons of fuel‑storage capacity
Property Analytics
Who owns this building?
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Current Use
Lease Details
100%
Occupancy
Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
817
Businesses Nearby
25k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 42%
Groceries 42%
Dining 10%
Home Improvements & Furnishings 6%
Food City Arizona
Groceries
10,492 visits/mo
0.3 miles
AutoZone
Shops & Services
4,311 visits/mo
0.2 miles
O'Reilly Auto Parts
Shops & Services
3,773 visits/mo
0.4 miles
Domino's Pizza
Dining
2,632 visits/mo
0.2 miles
Visiting Angels
Home Improvements & Furnishings
1,414 visits/mo
0.2 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
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Market
Vacancy Rate% for Retail in West region
Frequently Asked Questions
What type of property is this?
NNN property - A fee-simple retail motor-fuels property is leased under an absolute NNN structure with scheduled rent increases.
Where is this nnn property located?
The property is located at 320 W FLORENCE BLVD Casa Grande, AZ.
What is the asking price?
The asking price for this property is $4,070,000.
What are key features of this property?
This property features: Sinclair‑branded gas station and convenience store on approximately 0.55 acres across three contiguous parcels; Approximately 2,130‑square‑foot building with four multi‑product fuel dispensers; Approximately 35,000 gallons of fuel‑storage capacity
