A multi-tenant retail strip center in Casa Grande sold for $1.8 million to SimonMed Imaging, accoriding to Commercial Properties Inc./CORFAC International (CPI).
Mike Sayre of Cushman Wakefield represented the buyer, SimonMed Imaging, and Sarge Glenn of CPI’s Industrial Team represented the seller, LBUBS 2004-C8 Retail 1664 LLC.
The property is located at 1664 E. Florence Blvd. in Casa Grande, Arizona, and is about 12,849 square feet. The center is adjacent to Casa Grande Regional Medical Center.
“At the time of the sale, the property was fully leased with stable tenants like, Cold Stone Creamery, UPS Store, Supercuts and Firehouse Subs. SimonMed Imaging, will be an owner/user of the property occupying the former Washington Mutual Bank building, which is approximately 3,500 square feet,” Glenn said.
