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396 Camino Mercado Casa Grande, AZ 85122

Prime AZ location, 18,520 sq ft, 100% occupied.

Overview

Added:
Dec 11, 2024
Days on market:
138
This exceptional Class A office building, totaling 18,520 square feet, presents a compelling investment opportunity. Located at 396 N Camino Mercado, Casa Grande, Arizona, 85122, this single-story building sits on a 3.34-acre lot. Constructed in 1999, the property boasts a 100% occupancy rate, secured by a 15-year lease with the U.S. Customs and Border Protection (USCBP), a tenant with a strong financial standing, commencing May 2024. The building's Net Operating Income (NOI) is $531,020. The property benefits from a recently replaced HVAC system currently under warranty, ensuring efficient and cost-effective operation. Its strategic location in Pinal County, Arizona, places it advantageously between Phoenix and Tucson, within the Phoenix metropolitan area, the 12th largest in the U.S., and near the Gila River Indian Reservation. This investment offers the security of a long-term lease with a highly reputable government agency, providing a stable and predictable income stream. The property's size, location, and tenant history make it an attractive proposition for discerning investors seeking a secure and high-return investment.

Property Details for 396 Camino Mercado

Property type
Office properties, Government properties
Class
A
Year Built
1999
Buildings
1
Stories
1
Lot Size (sq. ft)
145,490 SF
Units
1

Location Insight

City
Casa Grande
County
Pinal
State
Arizona
Latitude
32.876763
Longitude
-111.6900141

FAQs

What type of property is this?
Office property - Prime AZ location, 18,520 sq ft, 100% occupied.
Where is the office property located?
The property is located at 396 Camino Mercado Casa Grande, AZ.
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396 Camino Mercado
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