Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    403 Central Ave Coolidge, AZ 85128

    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Prime Coolidge retail space, 4,000 sq ft, available now.

    Lot size:
    4,000 SF

    Property Features for 403 Central Ave

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    4,000 SF
    Total Rate
    3000

    Building Details

    Year Built
    1968

    Spaces For Lease

    at 403 Central Ave, Coolidge, AZ 85128 Contact us
    Unit Suite 2

    $9 /Mo

    Size
    4,000 SF
    Contact us

    We can help!

    Listing Contact
    Tyson Breinholt
    Tyson Breinholt

    Listing Agency: Commercial Properties Inc Listing Agent: Tyson Breinholt

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    This exceptional 4,000-square-foot retail space is ideally situated at 403 W Central Ave in Coolidge, Arizona, within the desirable Pinal County. The property, built in 1968, boasts a single-tenant occupancy and is currently entirely vacant, presenting a unique opportunity for immediate occupancy. The building's zoning is classified as C-2, offering flexibility for a variety of commercial uses. The property's total square footage is 4,000 square feet, all of which is readily available for lease. The property's APN is 205-04-170C. Located in the heart of Coolidge, this property benefits from high visibility and convenient access to major thoroughfares, ensuring significant foot traffic and easy accessibility for customers. This presents a rare chance to establish a thriving business in a growing community. The property is ready for immediate occupancy, allowing for a swift start to operations. Interested parties are encouraged to act quickly to secure this prime retail location. The property's address is 403 W Central Ave, Coolidge, AZ 85128.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Empower Physical Therapy: ... Physician

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Coolidge
    County
    Pinal
    State
    Arizona
    Longitude
    -111.5221433
    Latitude
    32.977391

    Nearby Similar for Lease

    • $9 SF/Yr
      7,920 SF

      Coolidge Retail Space For Lease

      Commercial building space available for lease in historic downtown Coolidge.
      403 W Central Ave, Coolidge, AZ 85128
      View Details
    • $10 SF/Yr
      7,000 SF

      Industrial Warehouse with Yard

      Single-tenant warehouse with yard, automotive use permitted.
      429 S Main St, Coolidge, AZ 85128
      View Details
    • $899,000
      12,196 SF

      Industrial Property with Gated Yard

      Four buildings totaling approximately 12,196 SF with gated yard.
      230 E Coolidge Ave, Coolidge, AZ 85128
      View Details
    • Contact for pricing
      1,280 SF

      Retail Space Near Walmart

      Grocery-anchored retail space available for lease near Walmart.
      1491 N Arizona Blvd, Coolidge, AZ 85128
      View Details
    • Contact for pricing
      2,800 SF

      Retail Space in Coolidge Center

      Retail space available in grocery-anchored shopping center near Walmart.
      1455 N Arizona Blvd, Coolidge, AZ 85128
      View Details
    • Contact for pricing
      1,600 SF

      Retail Space in Coolidge Center

      Retail space available in grocery-anchored Coolidge shopping center.
      1409-1491 N Arizona Blvd, Coolidge, AZ 85128
      View Details
    • Contact for pricing
      1,102 SF

      Grocery-Anchored Retail Space Available

      Retail space in grocery-anchored center, Coolidge, Arizona.
      1411 N Arizona Blvd, Coolidge, AZ 85128
      View Details

    FAQs

    What type of property is this?
    Retail property - Prime Coolidge retail space, 4,000 sq ft, available now.
    Where is this retail property located?
    The property is located at 403 Central Ave Coolidge, AZ.
    What is the lease rate?
    The lease rate is $9 SF/Yr.
    What are key features of this property?
    This property features: 3,000 SF of commercial space and 1,000 SF of retail space totaling 4,000 SF.; $9.00 per square foot, NNN lease rate.; Evaporative-cooled production/storage area.
    (480) 966-7513 Call to check price and availability
    Request Owner's contact information
    403 Central Ave Coolidge, AZ 85128
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    403 Central Ave
    Coolidge, AZ 85128
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    403 Central Ave Coolidge, AZ 85128
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Tyson Breinholt
    Tyson Breinholt
    Real Estate License ID: BR517298000
    (480) 966-7513 (602) 315-7131 (480) 966-2301
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!