Historical Retail Sale Listing - Tri Valley Plaza

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Tri Valley Plaza

1397 E. Florence Blvd., Casa Grande, AZ 85222

N/A

7,195 SF | Retail

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Retail Property - Off Market

Price:
N/A
Gross Leasable Area:
7,195 SF
Property Type:
Retail
Property Sub-type:
Strip Center
Property Use Type:
Investment
Cap Rate:
9.56%
Gross Rent Multiplier:
0
Occupancy:
100%
Tenancy:
Multiple
Year Built:
1997
Lot Size:
0.60 AC
Listing ID
120688
Last Updated
over 1 year ago

Highlights

  • Price: $1,060,000
  • 12.24% cash on cash return
  • 100% occupied since lease-up

Description

Property has remained 100% occupied since lease-up. Property located adjacent to an anchored center including Wal-Mart, Fry's, JC Penney and Blockbuster Video.

Tri Valley Plaza benefits from the second highest traffic count in Casa Grande. The center is one block from the busiest intersection in Casa Grande. Strong population growth and a hot homebuilding industry continue to fuel the need for retail space in the area.

Map of 1397 E. Florence Blvd., Casa Grande, AZ 85222

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