NEC Pinal & Rodeo

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Address: NEC Pinal & Rodeo

Phoenix & Southwest + Land/Development

Created date: August 22, 2024

Date last updated: August 22, 2024

High Traffic Frontage Road
Capitalize on Area’s Development Growth
Proximity to Phoenix MSA

Property Description

Introducing an exceptional development opportunity in the heart of Casa Grande, Arizona, this property listing boasts strategic location and immense potential. Situated along a bustling frontage road that sees approximately 28,000 vehicles daily, it serves as the primary entry point into the vibrant city. The property, designated as a development site, offers investors and developers to capitalize on the burgeoning growth of Casa Grande. Lucid Motors and Hexcel Corp stand as pillars of the local economy in Casa Grande, collectively providing approximately 8,000 jobs to the community, solidifying their positions as leading employers in the region. Nestled within a landscape characterized by a mix of residential and commercial developments, this property is ideally positioned to tap into the expanding economic landscape of Casa Grande. Noteworthy is the projected gross revenue of $1.65 million by year five, underscoring the promising returns this investment could yield. Such projections are indicative of the robust economic trajectory of Casa Grande, making this property an enticing prospect for those seeking to capitalize on the city's upward momentum. Moreover, the Casa Grande area itself offers a plethora of attractions and amenities, ranging from cultural landmarks to recreational facilities. Home to historical sites like the Casa Grande Ruins National Monument, as well as modern conveniences, the area presents a dynamic blend of heritage and contemporary living.

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Key Property Information

Listing Status:	Available
Listing Type:	Call for offers
Property Types:	Land/Development
Price:	$2,800,000
Lot Size:	6.47 Sq ft
Opportunity Zone:	No
Property Website	Click Here