Commercial Properties, Inc./CORFAC International. (CPI), Arizona’s largest locally owned commercial real estate brokerage, is pleased to announce the sale of a multi-tenant retail strip center located at 1664 E Florence Boulevard in Casa Grande, Ariz.
The building is approximately 12,849 SF and is adjacent to Casa Grande Regional Medical Center. Sarge Glenn commented, “At the time of the sale, the property was fully leased with stable tenants like, Cold Stone Creamery, UPS Store, Supercuts and Firehouse Subs. SimonMed Imaging, will be an owner/user of the property occupying the former Washington Mutual Bank building, which is approximately 3,500 square feet.”
Sarge Glenn of CPI’s Industrial Team represented the seller, LBUBS 2004-C8 Retail 1664 LLC.
Mike Sayre of Cushman Wakefield represented the buyer, SimonMed Imaging, who purchased the property for $1.8 million.