E 4th St SITE

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CIELO VILLAS APARTMENT DEVELOPMENT SITE FOR SALE 500 N PUEBLO DRIVE | CASA GRANDE, AZ 85122 APPROVED 54-UNIT OPPORTUNITY ON ±141,132 SF LAND 55+ INDEPENDENT LIVING OR MULTIFAMILY USE SITE Florence Blvd Florence Blvd N Poebaum Ave N Poebaum Ave N Pueblo Dr N Pueblo Dr N Trekell Rd N Trekell Rd Ave A Ave A E 4th St E 4th St N Colorado St N Colorado St N Pearl Rd N Pearl Rd Kimberly A. Rollins D: 480.634.2319 M: 602.750.1695 [email protected] Dallan Randall D 480.634.2320 M 480.262.1023 [email protected] Exclusively listed by Rollins & Randall Multi-Family Group Toby Campbell D 480.214.1123 M 602.561.2946 [email protected]

Transcript of E 4th St SITE

MULTI-FAMILY DEVELOPMENT CASA GRANDE, AZ

500 N PUEBLO DR | CASA GRANDE, AZcielo villas apartment development site for sale500 N PUEBLO DRIVE | CASA GRANDE, AZ 85122APPROVED 54-UNIT OPPORTUNITY ON ±141,132 SF LAND55+ INDEPENDENT LIVING OR MULTIFAMILY USE

SITE

Florence BlvdFlorence Blvd

N Pott

ebaum Ave

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E 4th StE 4th StN

Colorado StN

Colorado St

N Pearl Rd

N Pearl Rd

Kimberly A. RollinsD: 480.634.2319M: [email protected]

Dallan RandallD 480.634.2320M [email protected]

Exclusively listed by Rollins & Randall Multi-Family Group

Toby CampbellD 480.214.1123M [email protected]

MULTI-FAMILY DEVELOPMENT CASA GRANDE, AZ

500 N PUEBLO DR | CASA GRANDE, AZ

The information contained herein has been obtained from various sources. We have no reason to doubt its accuracy; however, J & J Commercial Properties, Inc. has not verified such information and makes no guarantee, warranty or representation about such information. The prospective buyer or lessee should independently verify all dimensions, specifications, floor plans, and all information prior to the lease or purchase of the property. All offerings are subject to prior sale, lease, or withdrawal from the market without prior notice. Effective 03 12 20

Address 500 N Pueblo DrCasa Grande, AZ 85122

Project Name Cielo Villas Apartments

Cross Streets Florence Blvd & N Pueblo Dr

APN/Parcel ID 505-30-006; 007, 008A, 008B, 009C, 009D

Lot Size 3.26 Acres Gross / 2.69 Acres Net

Buildable SF ±117,132 (3-Story)

Number of Buildings 6 Buildings (1 Community, 5 Residential)

Number of Units 54 (55+ Independent Living or Multifamily)

Unit Breakout 14 One-Bedroom / 40 Two-Bedroom

Projected Rental Rates $900 to $1,100 per month

Application Approved City of Casa Grande (12/5/18)

Frontage N Pueblo Dr; E 4th St; Ave A

Project Highlights

APPROVED LANDFOR SALE @ $399,500 ($2.81 PSF)

$7,398 Land Cost per Entitled Unit

Kimberly A. RollinsD: 480.634.2319M: [email protected]

Dallan RandallD 480.634.2320M [email protected]

Projected to rent for $900 to $1,100 per

month.

Exclusively listed byRollins & Randall

Multi-Family Group

Toby CampbellD 480.214.1123M [email protected]

MULTI-FAMILY DEVELOPMENT CASA GRANDE, AZ

500 N PUEBLO DR | CASA GRANDE, AZ

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N Colorado StN Colorado St

Ave AAve AE 4th StE 4th St

E 5th StE 5th StE

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SQUARE FEETLot: ±141,132 SFBldg: ±117,132 SF

BUILDINGS1 Community Building5 Residential Buildings

UNIT CONFIGURATION14 One-Bedroom40 Two-Bedroom

POPULATION1 MI: 10,5992 Mi: 41,1445 Mi: 57,411

HOUSEHOLDS1 MI: 3,6692 Mi: 14,8715 Mi: 20,656

HOUSEHOLD INCOME1 MI: $38,8352 Mi: $39,2145 Mi: $46,291

DAYTIME EMPLOYMENT1 MI: 3,6222 Mi: 14,5905 Mi: 18,131

DEMOGRAPHICS (COSTAR)

APPROVED PROPERTY NOTES

MULTI-FAMILY DEVELOPMENT CASA GRANDE, AZ

500 N PUEBLO DR | CASA GRANDE, AZ

COMING SOON

COMING SOON

SITEPeart RdPeart Rd

Trekell RdTrekell Rd

Kortsen RdKortsen Rd

↑ PHOENIX↑ PHOENIX

Major Nearby Employers

MULTI-FAMILY DEVELOPMENT CASA GRANDE, AZ

500 N PUEBLO DR | CASA GRANDE, AZ

DOING BUSINESS IN CASA GRANDE

LUCID MOTORSA $700 million, 600,000 square foot planned manufacturing plant on an 80-acre site. The plant will employ approximately 2,000 employees and produce the model Air. Lucid projects it will manufacture up to 20,000 vehicles annually.

ATTESAA full-size race and test track site for automobiles and motorcycles. The site includes tracks for motorcross, supercross and off-road racing, and includes luxury homes and a private airport.

PHOENIXMARTNorth America’s most complete global product marketplace (the largest in the western hemisphere) offering millions of products and thousands of showroom suites in a modern merchandise mart setting. The 1.5 million square foot marketplace with 1,900 showroom suites is slated to open in 2019.

MULTI-FAMILY DEVELOPMENT CASA GRANDE, AZ

500 N PUEBLO DR | CASA GRANDE, AZ

ACTIVELY SERVED BY UNION PACIFIC RAILROAD• The park offers active rail and non-rail served fully improved lots

with build-to-suit options.• CAZCP also offers an “Industrial Track Agreement” from Union

Pacific Railroad through a third-party short-line operator.• The Union Pacific Railroad links 23 states in the western two-thirds of

the United States, connects with Canada’s rail systems, and is the only railroad serving all six major gateways to Mexico.

• The rail line through Casa Grande connects major ports and freight transfer points in Los

DREAMPORT VILLAGESDevelopers with The Blocks Sports Company, a Florida-based company, have filed a proposal with the City of Casa Grande to bring a 1,500-acre “world class entertainment” amusement park and resort to the area, even comparing the scope of its plans to that of Disney World in Orlando. • The park -- referred to as “Dreamport Villages” -- would be located

in Casa Grande near Interstate 10 and Interstate 8, according to the proposal. The project would take seven to 10 years to complete, and could cost as much as $4 billion.

• A “Welcome Center” appears to be an upgraded rest stop with tourism information, a fueling station, green areas and a train station.

• A convention center and RV park.

GROWINGCASA GRANDE