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Casa Grande Border Patrol Station 396 N Camino Mercado

18,520 SF Office Building Casa Grande, AZ 85122 For Sale

Investment Highlights

  • U.S. Government-Backed Lease
  • 15-year Firm Term Lease Renewal
  • Located Within the Phoenix Metropolitan Area (12th Largest in U.S.)
  • Standard & Poor’s 500 Index - Rated AA+
  • U.S. Customs & Border Protection in Operation at this Location Since May 1999
  • Newly replaced HVAC System Currently Under Warranty

Executive Summary

This U.S. Customs and Border Protection office is located at 396 North Camino Mercado in Casa Grande, Arizona. The 18,520-square foot building was constructed in 1999 and is situated on 3.33 acres of land. The property is 100 percent leased to the GSA (U.S. Customs and Border Protection), with a recently renewed 15-year lease term commencing in May 2024.
GSA secures the buildings, products, services, technology and other workplace essentials federal agencies need. Thirteen thousand GSA associates support more than one million federal workers located in 8,000 government-owned and leased buildings in 2,000 U.S. communities and overseas. The CBP is headquartered in Washington, D.C., with a staff of more than 60,000 employees. CBP is the largest law enforcement agency within the Department of Homeland Security. There are 20 field operations offices in the United States that provide centralized management oversight and operational assistance to 327 U.S. ports of entry and 15 preclearance offices.
Casa Grande is a city in Pinal County, approximately halfway between Phoenix and Tucson in Arizona, but still considered part of the Phoenix MSA. According to the 2010 census, the population of the city is 48,571, with the greater Phoenix MSA totaling more than 4,700,000. It is named after the Casa Grande Ruins National Monument, which is actually located in Coolidge. Casa Grande is strategically located at the intersection of two interstate highways (I-8 and I-10) in an area known as Arizona’s Golden Corridor. Once dependent on agriculture and mining, the community has evolved into a diversified full-service area with manufacturing, retail trade, government and tourist-related employment. All of Pinal County is a designated Enterprise Zone.

Property Facts

Sale Type
Investment
Property Type
Office
Building Size
18,520 SF
Building Class
B
Year Built
1999
Tenancy
Single
Building Height
1 Story
Typical Floor Size
18,520 SF
Building FAR
0.13
Land Acres
3.37 AC
Zoning
UNDESIGNAT
Parking
87 Spaces (4.7 Spaces per 1,000 SF Leased)

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
505-26-004H
Land Assessment
$408,011 CAD
Improvements Assessment
$3,659,236 CAD
Total Assessment
$4,067,247 CAD
  • Listing ID: 31845926

  • Date on Market: 2024-05-17

  • Last Updated:

  • Address: 396 N Camino Mercado, Casa Grande, AZ 85122

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