Retail Investment Opportunity on
For Sale
$1,493,700
800 E FLORENCE Boulevard, Casa Grande, AZ 85122
Highly visible retail property with prime frontage on Casa Grande's corridor.
Property Size7,660 SF
Price / SF$195
Days on Market213
Property Features for 800 E FLORENCE Boulevard
General Information
Standard status
Active
Size
7,660 SF
Property subtype
Comm/Industry Sale
Listing Agency:
Keller Williams Legacy One Realty
(520) 836-9301
Listed By:
Jeril Benedict · License #SA559234000
(520) 251-1034
Source:
Virginiagee
Added: Mar 27
Changed: Oct 2
Last Checked: Oct 24 at 6:13PM
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 Keller Williams Legacy One Realty
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This retail property, located at 800 E. Florence Blvd in Casa Grande, Arizona, presents an investment opportunity along the city's main retail corridor. The property, with a size of 4421 square feet, features prime frontage and easy access. Formerly a thrift store, the property offers an open floor plan and flexible zoning, making it suitable for both owner-users and investors. The location offers strong visibility and long-term growth potential. Potential business uses include discount retailers, boutique shops, fitness centers, appliance and furniture stores, specialty markets, medical offices, or franchise concepts. The property benefits from excellent signage, ample parking, and high traffic exposure.
Key Highlights
- Prime location on Casa Grande's busiest retail corridor (Florence Blvd) with high visibility and easy access.
- Flexible zoning suitable for a wide range of businesses (retail, medical, fitness, etc.).
- Open floor plan ideal for owner‑users or investors.**
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$75,202
Cap Rate
5.03%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,504,040
$1.5M
Cap Rate 7%
$1,074,314
$1.1M
Cap Rate 9%
$835,578
$835.6K
Market Conditions
NOI Build-Up for 7,660 SF
Gross rent
$114.9K $15.00/SF
− Vacancy
−$7.5K −$0.98/SF
EGI
$107.4K $14.03/SF
− OpEx
−$32.2K −$4.21/SF
NOI
$75.2K $9.82/SF
Area
Pinal County, AZ
Vacancy
6.50%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,504,040
Cap Rate 7%
$1,074,314
Cap Rate 9%
$835,578
Alternative Uses
Best Use
Retail
$1.07M
$940.0K – $1.25M
NOI $75,202 @ 7.0% cap · market cap 5.03%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.12M
$1.85M – $2.47M
NOI $148,238 @ 7.0% cap · market cap 9.92%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
844
Businesses Nearby
124k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 34%
Groceries 33%
Shops & Services 32%
Beauty & Spa 1%
Food City Arizona
Groceries
40,702 visits/mo
0.5 miles
C-A-L Ranch Stores
Shops & Services
23,948 visits/mo
0.3 miles
Wendy's
Dining
17,765 visits/mo
0.4 miles
Burger King
Dining
13,205 visits/mo
0.1 miles
Whataburger
Dining
6,101 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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in West region
Frequently Asked Questions
What type of property is this?
Retail space - Highly visible retail property with prime frontage on Casa Grande's corridor.
Where is this retail space located?
The property is located at 800 E FLORENCE Boulevard Casa Grande, AZ.
What is the asking price?
The asking price for this property is $1,493,700.
What are key features of this property?
This property features: Prime location on Casa Grande's busiest retail corridor (Florence Blvd) with **high visibility and easy access.**; Flexible zoning suitable for a wide range of businesses (retail, medical, fitness, etc.).; Open floor plan ideal for owner‑users or investors.**
