Ernst Retail Center

Investment Overview

Regional Economic Drivers – Mining & Industrial Growth Arizona City is positioned to benefit from renewed and expanding mining activity across south-central and southern Arizona, which is expected to drive increased employment, population inflows, and demand for supporting commercial services. Several major mining projects are either advancing toward development or expanding operations within the broader regional trade area. The Santa Cruz Copper Project (Ivanhoe Electric), located near Casa Grande, is a planned underground copper mine targeting domestic U.S. copper production. Construction is anticipated to begin as early as 2026, with production projected by 2028. The scale and long-term nature of this project are expected to attract contractors, suppliers, and service-oriented businesses to nearby communities. Additionally, the Cactus Mine (Arizona Sonoran Copper), situated west of Casa Grande, is progressing toward reopening and further development following successful exploration that identified new copper veins. The advancement of this project further reinforces the region’s role as an emerging hub for copper production and related industrial activity. In southern Arizona, the Hermosa Project (South32) near Patagonia represents a significant critical minerals development focused on silver, lead, zinc, and manganese. While still pending final approvals, the project highlights broader statewide investment in mining and resource extraction. Collectively, these projects are expected to generate increased demand for office, retail, and service-oriented commercial space from engineering firms, logistics providers, equipment suppliers, and workforce-support businesses. This regional momentum enhances the long-term attractiveness of well-located commercial assets in Arizona City.

Investment Highlights

• 1. Strategic Commercial Location – Positioned along Sunland Gin Road, one of Arizona City’s primary commercial corridors, with approximately 7,000 vehicles per day providing strong visibility and consistent exposure.
• 2. Rare Dual Frontage – The property offers approximately 299.71 feet of frontage on Sunland Gin Road and 190.02 feet on Santa Cruz Boulevard, a highly uncommon feature in Arizona City that enhances access, circulation, and signage opportunities.
• 3. Fully Leased with Flexibility – Currently 100% occupied by multiple tenants on month-to-month leases, providing in-place income with the ability for the property to be vacant at owner's discretion.
• 4. Owner-User Advantage – Ideal for an owner-user seeking partial or full occupancy, allowing a buyer to occupy a portion of the building while maintaining income from remaining tenants.
• 5. Attractive Land Size – Situated on a 1.31-acre commercially zoned parcel, offering ample space for parking, expansion, outdoor storage, or future redevelopment.
• 6. Functional Improvements – Improved with two 5,150 SF single-story office/retail buildings, providing immediate usability while allowing value-add repositioning or redevelopment.
• 7. Revitalizing Trade Area – Surrounding properties are experiencing redevelopment and repurposing, signaling renewed investment activity and long-term growth within Arizona City’s commercial core.
• 8. Mining Industry Presence – Arizona City benefits from proximity to active and expanding mining operations in Pinal County, which continue to drive demand for office, service, and contractor-oriented commercial space.
• 9. Regional Employment Driver – Nearby mining activity supports a steady workforce, increasing the need for support services, administrative offices, retail, and logistics-related users in the immediate area.
• 10. Phoenix–Tucson Growth Corridor – Located between the Phoenix and Tucson metros with access to Interstate 8 and Interstate 10, the property is well positioned to benefit from continued regional growth, industrial expansion, and infrastructure investment.
• 11. Significant Value-Add Through Rent Growth - Current rents are below market levels, creating an opportunity for increased income through rent escalations.