Opulent Professional Office
420 West Casa Grande Lakes Boulevard North, Casa Grande, AZ 85122
4,646 sqft brick office with high-end finishes.
Type:OFC
Property size:
4,646 SFPrice / SF:
$258/SF- Added:
- May 26, 2022
- Days on Market:
- 1466
- Last Refresh:
- Apr 3 at 5:00 am
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 agent Jeril Benedict License #SA559234000, Arizona (520) 251-1034
Listing office KW Commercial | Legacy One Realty (520) 251-1034
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 Commercial | Legacy One Realty
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.
- Includes 4 offices, a master office/patio, filing room, kitchen, and reception area.
- Secure storage provided by a full, block‑finished basement.
- High‑quality construction with brick exterior, copper roof/drains, and coordinated concrete columns.
Overview
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.
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
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
NOI $89,911 @ 7.0% cap · market cap 7.49%
Zoning and permitted uses should be independently verified with local authorities.
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
Location Insight
- Map
- Local Demand
- City
- Casa Grande
- County
- Pinal
- State
- Arizona
- Longitude
- -111.7575239
- Latitude
- 32.9147079
Nearby Similar for Sale
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.
