Cottonwood Village
Retail Strip Center | 6.85% CAP | 14,901 SqFt
Marketing description
Location Highlights:
● Strong Traffic Counts - Cottonwood Village is positioned at one of the busiest intersections within Casa Grande and benefits from strong traffic counts (approx. 41,000 on Cottonwood and Trekell Rd)
● Rapid Growth - This property benefits from rapid population growth with a projected 8.3% growth within a 3-mile radius. Additionally, the City of Casa Grande has seen a 42.2% population increase over the last 5 years.
● Economic and Employment Drivers - Located minutes from Lucid Motors “Lucid Air at AMP –1"; one of Arizona’s largest advanced manufacturing projects. Lucid Motors along with developments from Kohler, FrameTec, and LG, will add over 8,000 jobs and will have an economic impact of over $100 million.
● Strong Infill – Cottonwood Village is an attractive infill location with over 63,000 residents and ± 25,000 households within a 5-mile radius. Due to the infill this center serves as a convenient “daily-needs” retail destination for all residents living in the immediate area.
Property Highlights:
● Well Maintained: Cottonwood Village has been well-maintained with new foam roof in 2018 with existing 10/15 year workmanship/armor warranties. As well as exterior painting, certain exterior lighting replacements, regularly serviced HVAC units, 2025 patch, resealing and re-stripe of the parking lot and more.
● High Quality Construction: Cottonwood Village has superior CMU construction which provides for heat resistance and structural longevity.
● Abundant Parking: Cottonwood Village has approximately 85 parking spaces; providing abundant parking for this center which supports a wide range of future tenancy without having parking constraints.
● In-place stabilization: At 100% occupancy this property is fully stabilized and has a mix of long-term tenancy and newly signed leases all with low turnover. The property has a history of very-low turnover.
● Upside potential: Through lease modification as leases rollover. The Current tenants only reimburse for rental tax; thus there is an inherent opportunity for the new landlord to convert Leases to NNN over time; effectively creating NNN leases for a more passive management structure and increasing NOI and yield
Investment highlights
Casa Grande has emerged as one of Arizona's most strategically positioned growth markets, benefiting from its location between the Phoenix and Tucson metropolitan areas along the Interstate 10 corridor. The city has experienced sustained residential and commercial expansion supported by population growth, industrial investment, and increasing regional connectivity. As Greater Phoenix continues to expand southward, Casa Grande has become an attractive destination for manufacturers, logistics operators, and new residential development due to its comparatively affordable land costs, available workforce, and access to transportation infrastructure.
The local economy is supported by a diverse mix of manufacturing, logistics, healthcare, retail trade, and construction employment. Continued infrastructure investment, business-friendly policies, and access to major transportation corridors position the city for sustained economic expansion. Casa Grande also benefits from its proximity to major employment hubs while maintaining a lower cost of living than many larger Arizona markets. Residential development activity has increased substantially in recent years, supported by household formation trends, migration into Arizona, and demand from employees relocating to the region. These dynamics continue to support commercial real estate fundamentals across industrial, retail, multifamily, and mixed-use product types.
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