251 E COTTONWOOD Lane, Casa Grande, AZ 85122

$775,000
Property Type: Comm/Industry Sale Square Footage: 4,885 Lot Size (sq. ft.): 20,811 Status: Closed
Current Price: $775,000 List Date: 9/15/2025 Last Modified: 5/19/2026

Overview

Description

Location ideal- Abundant Possibilities ! Reception Area. 11 private office suites (with windows), bullpen with it's own exit, 3 conference rooms, Large central classroom, kitchen, laptop docking area, mail area, IT office/storage area and formal reception. (Laptop Docking area and mail room could potentially be converted to offices). Roof underlay replaced in 2025. Current use: flexible and individual business suite rentals with receptionist and utilities provided. Shared access to kitchen with some conference room privileges. Many long term tenants in place. Most furnishings convey.

Listing Details MLS# 6915760

Location, Tax & Legal

House Number
251
Compass
E
Street Name
COTTONWOOD
St Suffix
Lane
City/Town Code
Casa Grande
State/Province
AZ
Zip Code
85122
Zip4
2511
Country
US
County Code
Pinal
Subdivision
CASA GRANDE VISTA UNIT TWO
Assessor Number
506-12-004
Tax Year
2024
Assessor's Map #
12
Legal Description (Abbrev)
LOT 61 CASA GRANDE VISTA UNIT TWO CAB 17 SLD 12
Assessor's Parcel #
4
Add'l Parcels
No
Tax Municipality
Casa Grande
Census Tract
1403
Taxes
11433
Legal
LOT 61 CASA GRANDE VISTA UNIT TWO CAB 17 SLD 12
Marketing Name
CG Business Suites

Contract Info

Ownership
Fee Simple

General Property Description

Type of Property
Business Suites
Ttl Apx SqFt Bldg
4885
# of Buildings
Yes
Year Built
2007
Uncvrd Parking Spcs
11
Zoning
CO
Flood Zone
No

Remarks Misc

Cross Street
Cottonwood (between Trekkel and Pinal)
Directions
From I-10 - South on Pinal -East on Cottonwood. If you reach the light at Casa Grande Avenue - you have gone to far. Building is on the south side of the street.

Status Change Info

Off Market Date
2026-05-19
Under Contract Date
2026-02-17
Close of Escrow Date
2026-05-18

Legal Info

Township
06S
Range
06E
Section
20
Lot Number
61

More Information

Income Expenses

Gross Annual Sch Inc
90600
Net Operating Income
8836

Showing Notification Methods

Showing Service
Aligned Showings
Phone Call
Yes

Sold Info

Loan Type
SBA
Loan Years
30
Payment Type
Other
Clsing Cost Split
Normal - N
Buyer Concession $/%
$
Seller Concession $/%
$
Buyer Concession to Seller
0
Seller Concession to Buyer
0

Currently Not Used

Sold Price Per SqFt
184.24

Construction

Stucco
Yes
Wood Frame
Yes

Roofing

Tile
Yes

Floors

Ceramic Tile
Yes
Carpet
Yes

Income & Expenses

Annual Elec Exp
12759
Annual Gas Exp
0
Annual Ins Exp
4110
Annual Land Lse Exp
0
Annual Landscape Exp
450
Annual Legal & Acctg
0
Annual Maint Exp
0
Annual Mgmt Exp
0
Annual Trash Exp
960
Annual Wtr/Swr Exp
991
Owner Association
No
Annual Ownr Asoc Fee
0
Annual PAD Fee
0
Annual Rplcmnt Rsrvs
0
Annual Other Expense
33000
Operating Exp
63703
Other Income
0
Vacancy Allowance
0.2
Adjusted Gross Inc
72480

Building Type

Commercial
Yes
Office
Yes

Business Type

Professional/Office
Yes
See Remarks
Yes

Pmt & Rate Info

Cap Rate
0.98
Equity
900000
Total Owed
0

Lockbox Type

See Private Remarks
Yes
None
Yes

Ceiling Height

8.1 Feet to 10 Feet
Yes

Heating

Electric
Yes
2 or More Units
Yes

Cooling

Central Air
Yes

Interior Features

Finished
Yes
Security System
Yes
Security Camera(s)
Yes
Private Restrooms
Yes

Loading Facilities

None
Yes

Road Surface Type

Asphalt
Yes

Exterior

Sidewalk(s)
Yes
Monument Sign
Yes

Source of Fincl Data

Other (See Remarks)
Yes

Fencing

None
Yes

Water Source

Private
Yes
See Remarks
Yes

Building Features

Conference Room
Yes
Reception Room
Yes
Kitchen
Yes

Sewer

Sewer - Public
Yes
Sewer-In & Connected
Yes

Parking Features

Free
Yes
Parking Lot
Yes
Paved
Yes

Electric

APS
Yes

Gas

None
Yes

New Financing

Cash to Loan
Yes
1031 Exchange
Yes
Other (See Remarks)
Yes

Existing 1st Loan

SBA
Yes

Use Restrictions

Currently Leased
Yes
Other (See Remarks)
Yes

Reports/Disclosures

None
Yes

Environmental

None
Yes

Property Features

Building Type: Commercial; Office Business Type: Professional/Office; See Remarks Construction: Stucco; Wood Frame Roofing: Tile Floors: Ceramic Tile; Carpet Ceiling Height: 8.1 Feet to 10 Feet Heating: 2 or More Units Cooling: Central Air Loading Facilities: None Interior Features: Finished; Security System; Security Camera(s); Private Restrooms Exterior: Sidewalk(s); Monument Sign Fencing: None Building Features: Conference Room; Reception Room; Kitchen Parking Features: Free; Parking Lot; Paved Electric: APS Gas: None Water Source: Private; See Remarks Sewer: Sewer - Public; Sewer-In & Connected New Financing: Cash to Loan; 1031 Exchange; Other (See Remarks) Showing Notification Methods: Phone Call Lockbox Type: See Private Remarks; None Source of Fincl Data: Other (See Remarks) Existing 1st Loan: SBA Road Surface Type: Asphalt Use Restrictions: Currently Leased; Other (See Remarks) Environmental: None
IDX
Listing Office: Long Realty Company
Last Updated: May - 19 - 2026
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