LAKE SHORE VILLAGE
2033 N. Pinal Ave.
Casa Grande, AZ
| Price | $2,500,000 | |
| Size | 14,426 SF | |
| Price Per SF | $173.30 | |
| Year Built | 2008 | |
| Interactive Aerial Photo |
The subject property is a very high quality and unique restaurant and retail complex that was custom built for the prior restaurant owner/user in 2008 at a cost of over $4,000,000. The property would be ideal for a food mall with a primary restaurant and satellite food related shops. The satellite space could also be suitable for traditional retail or office space too. There is a central courtyard accessible to all spaces and two of the four satellite spaces have exterior access too. The property is adjacent to a Walgreen’s that is on the hard corner and three car dealerships are on the caddy-corner. The intersection is traffic controlled.
There is a large amount of owned parking that surrounds the center. The parking ratio is 6.6 per 1,000. There are even eight covered parking spaces in the rear for VIP chefs.
The center is adjacent to an upscale lakeside residential community known as Lake Shore Village. Just west of that is the Dave White Municipal Golf Course. Interstate 10 is approximately 5-miles to the north and east and Interstate 8 is approximately 5-miles to the south.
Casa Grande has become a major strategic hub for distribution and manufacturing. This property is in close proximity to many big employers that could utilize the food and meeting services offered by this property. A summary of the area businesses are in the offering memorandum. It is estimated the population increases by 15,000 people during the winter months.
This could be an excellent opportunity for an owner/user interested in running a multi-concept food mall or just operating the main restaurant and leasing the remaining spaces to reduce overhead cost.
