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

    2812 Pinal Ave Casa Grande, AZ 85122

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Former bank, high visibility, 4,136 sq ft

    Lot size:
    4,136 SF

    Property Features for 2812 Pinal Ave

    General Information

    Property type
    Banks
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    4,136 SF

    Building Details

    Year Built
    2008

    Spaces For Lease

    at 2812 Pinal Ave, Casa Grande, AZ 85122 Contact us

    We can help!

    Listing Contact
    Brent Mallonee
    Brent Mallonee

    Listing Agency: Cushman & Wakefield | Phoenix Listing Agent: Brent Mallonee

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

    Learn more

    Property Insight Report

    Overview

    This exceptional 4,136-square-foot retail space presents a unique investment opportunity in Casa Grande, Arizona. Located at 2812 N Pinal Ave, this single-tenant property boasts high visibility and ample space, previously occupied as a bank. Built in 2008, the building sits on a generous 1.34-acre lot (APN: 515-37-8040), offering significant potential for a variety of retail uses. The entire 4,136 square feet is currently vacant, providing immediate occupancy for a new tenant. The property's strategic location in Pinal County, Arizona, within the vibrant Casa Grande community (zip code 85122), ensures excellent access to a strong customer base. Its former use as a bank suggests a robust structure and potentially desirable features suitable for various retail businesses. The expansive lot size offers ample parking and potential for future expansion or outdoor amenities. This property is an ideal choice for entrepreneurs seeking a high-profile location with significant square footage in a growing market. The property's size and location make it a compelling option for businesses seeking a prominent presence in Casa Grande. The entire building is available for immediate occupancy.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Chase Atm

    Suggested Use

    Restaurant Real Estate Agency Law Firm Spa & Massage Center Building Supply Dental Office Big Box & Wholesale Store Hair Salon Auto Repair Shop Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Casa Grande
    County
    Pinal
    State
    Arizona
    Longitude
    -111.7558301
    Latitude
    32.9390551

    Nearby Similar for Lease

    • $0.79 SF/Yr

      Casa Grande Industrial Complex Sublease

      Industrial complex with office space, yard, and loading docks.
      1108 W Gila Bend Hwy, Casa Grande, AZ 85122
      View Details
    • $1.50 SF/Yr
      1,440 SF

      Casa Grande Retail/Office Opportunity

      Prime frontage on Florence Boulevard, suitable for retail or office.
      505-517 E Florence Blvd, Casa Grande, AZ 85122
      View Details
    • $0.79 SF/Yr

      Casa Grande Industrial Complex Sublease

      Industrial complex with office space, yard, and loading docks.
      1108 W Gila Bend Hwy, Casa Grande, AZ 85122
      View Details
    • $16 SF/Yr

      Professional Office Space For Rent

      Modern office space with private entrance and prime frontage.
      1821 N Trekell Rd, Casa Grande, AZ 85222
      View Details
    • $19 SF/Yr

      Retail Space Near Walmart Supercenter

      Move-in ready retail space in a prime location.
      1659 E Florence Blvd, Casa Grande, AZ 85122
      View Details
    • $4,250 /Mo

      Casa Grande Industrial/Warehouse Space

      Prime location with customizable layout options and ample parking.
      1246 W Tee St, Casa Grande, AZ 85122
      View Details
    • $14 SF/Yr
      12,000 SF

      Casa Grande Built-Out Office Space

      Office space for lease in a vibrant Casa Grande community.
      820 W Cottonwood Ln, Casa Grande, AZ 85122
      View Details
    • $4,250 /Mo

      Casa Grande Industrial/Warehouse Space

      Prime location with customizable layout options and ample parking.
      1246 W Tee St, Casa Grande, AZ 85122
      View Details
    • Contact for pricing
      992 SF

      Retail Space Near Manufacturing Plants

      Retail space near Lucid and Nikola manufacturing plants.
      1314-1350 E Florence Blvd, Casa Grande, AZ 85122
      View Details
    • $18 SF/Yr

      Casa Grande Retail/Office Space

      Multi-tenant retail/office space with frontage and easy freeway access.
      1015 E Florence Blvd, Casa Grande, AZ 85122
      View Details
    • $15 SF/Yr

      Casa Grande Medical Office Space

      Medical office space for lease in Casa Grande, Arizona.
      1729 N Trekell Rd, Casa Grande, AZ 85122
      View Details

    FAQs

    What type of property is this?
    Bank - Former bank, high visibility, 4,136 sq ft
    Where is this bank located?
    The property is located at 2812 Pinal Ave Casa Grande, AZ.
    What are key features of this property?
    This property features: High-visibility corner lot on Pinal Avenue, a major Casa Grande thoroughfare.; Less than one mile from Casa Grande Municipal Airport.; Excellent access to I-10 (approx. 3 miles west, 48,004 VPD).
    (602) 224-4437 Call to check price and availability
    Request Owner's contact information
    2812 Pinal Ave Casa Grande, AZ 85122
    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.
    2812 Pinal Ave
    Casa Grande, AZ 85122
    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
    2812 Pinal Ave Casa Grande, AZ 85122
    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 Brent Mallonee
    Brent Mallonee
    Real Estate License ID: SA543239000
    (602) 224-4437 (602) 388-7119 (602) 468-8521
    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!