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Opulent Professional Office Building

420 West Casa Grande Lakes Boulevard North Casa Grande, AZ 85122

420 West Casa Grande Lakes Boulevard North, Casa Grande, AZ, 85122
$1,200,000
For Sale
Claim this Listing
$1,200,000

4,646 sqft brick office with high-end finishes.

Property Size4,646 SF
Price / SF$258.29
AddedMay 26, 2022
Days on Market1512
Last RefreshJun 28 at 9:58 pm

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

Listing date May 26, 2022

Source Realnex

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 KW Keeler Williams


Investment Insights

Based on property information with market context.

This opulent 4,646 sqft professional office is a brick-built structure featuring a copper roof and drains, along with exterior coordinated concrete columns, patios, and a porch. The entry foyer and rotunda serve as a focal point for both the main and second floors. A wrap staircase leads to four offices, a conference room, and the master office with a patio. The main floor includes an expansive library with floor-to-ceiling shelving, a conference/planning table, and corner workstations. The property features fluorescent lighting with brass and crystal-like accent lights, as well as porcelain and brass door fittings. It includes four working offices, a spacious filing room, a kitchen, and a reception/sitting area. Full crown moldings, carved wood, upgraded furniture and furnishings, and IT/phone/video monitoring enhance the commercial appeal. The full basement is block-finished for secure storage. The property is highly visible and easily accessible from all corridors.

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
4,646 SF · lease $23.28/SF/yr · vacancy 21.00% · expense 25.00%

Alternative Uses

Best Use
Office B
$915.5K
$801.1K – $1.07M (±1% cap)
NOI $64,084 @ 7.0% cap · market cap 5.34%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.28M
$1.12M – $1.50M (±1% cap)
NOI $89,911 @ 7.0% cap · market cap 7.49%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Joseph M. Leal ... Law Firm Fankhauser Bankruptcy Law ... Law Firm James J. Gentile, ... Law Firm Leal Injury Law Law Firm

Suggested Use

Restaurant Dental Office Real Estate Agency Big Box & Wholesale Store Hair Salon HVAC Service Auto Parts Store Kitchen & Bath Showroom Building Supply Garden Center

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Office building - 4,646 sqft brick office with high-end finishes.
Where is this office building located?
The property is located at 420 West Casa Grande Lakes Boulevard North Casa Grande, AZ.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: 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.
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