445 W Highway 287
Florence, AZ 85132
ABSOLUTE NNN INVESTMENT – $700,000 – 6.00% CA · Retail Property For Sale

Subject property is located at a major Hwy. ( Hwy 287) leading to Coolidge and very close to Hwy. 79 leading to Apache Junction and Tucson. Built in 1989, subject property is a 3,370 SF building, on 1.34 AC of land. The building is leased and operates as an Italian Restaurant, A & M Pizza Bakery with a seating capacity of 140 people on 1.34 AC of land. There are three public schools within Florence, which include K-8 schools, a high school along with the main campus of Central Arizona College. There are a number of major employers in Florence which include Pinal County, Town of Florence, Florence Unified School District, and 9 correctional operations. These employers provide approximately 7,000 jobs. Florence is growing in population, in square miles and surrounded by many new residential subdivision and future developments.
Please look at the subdivision maps for new homes already being built across the street of the subject property (Phase I at Western Crossing One for 280 new homes, Phase II has infrastructure installed and is ready for Phase II ). Also look at the maps for permitted subdivisions for around 1,500 homes and planned subdivisions in the city of Florence for permitting for 7,500 homes.
All these subdivisions are adjacent, around, and remarkably close to Subject Property.