1561 N Cooper Rd - Storefront FOR SALE


Gilbert, AZ 85233- North Gilbert
$2,961,123 USD
602-538-7155
1561 N Cooper Rd, Gilbert, AZ for Sale
$2,961,123 USD
Storefront - FOR SALE
1/6
null | 6.5% Cap Rate

1561 N Cooper Rd
Gilbert, AZ 85233
North Gilbert


HIGHLIGHTS

  • 100% occupied
  • Diverse, established tenant mix with strong long-term occupancy
  • Stable tenancy with a 4.6 year WALT
  • NNN leases – tenants reimburse all expenses
  • Annual rent growth across all leases
  • Tenant commitment demonstrated through recent lease extensions, expansions, and store improvements

OVERVIEW

Cushman & Wakefield is pleased to present the opportunity to acquire Cooper Crossing, a fully occupied multi-tenant retail investment located in Gilbert, Arizona. The property consists of approximately 6,680 square feet situated on ±0.92 acres and is 100% leased to a diverse mix of service-oriented and neighborhood retail tenants. Structured with NNN leases, the asset offers investors a stable in-place income stream with limited landlord responsibilities, further supported by annual rent growth across the tenant base. Originally constructed in 2002, Cooper Crossing provides an established and well-performing neighborhood retail center with a weighted average lease term of approximately 4.6 years. The property features a diverse tenant mix with demonstrated long-term occupancy, supported by recent lease extensions, expansions, and tenant investments into the space. This ongoing tenant commitment underscores the center’s stability, established customer base, and continued relevance within the surrounding community. The center is situated within a densely populated and highly desirable East Valley trade area containing more than 415,000 residents within a five-mile radius. The site benefits from close proximity to U.S. Route 60 (approximately 255,656 vehicles per day), providing strong regional connectivity and accessibility. Cooper Crossing is strategically positioned adjacent to The Shoppes at Gilbert Commons, a dominant retail destination featuring national tenants such as T.J. Maxx, Kohl’s, Ross, Five Below, and Chipotle. The surrounding area is further supported by strong demographics, with average household incomes exceeding $127,000 within a one-mile radius. This offering represents an opportunity to acquire a stabilized Gilbert retail center with diverse tenancy, durable in-place cash flow, contractual rent growth, and strong real estate fundamentals in one of the Phoenix metro’s most sought-after submarkets.

FOR SALE DETAILS

PRICE

$2,961,123 USD

PRICE/SF

$441 USD /SF

CAP RATE

6.5%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Cooper Crossing

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2002

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

CROSS STREETS

Baseline Rd

LAND ACRES

0.92 AC

LAND SF

40,075 SF

ZONING

-

APN/PARCEL ID

314-01-005

ASK ABOUT THIS PROPERTY

Chris HollenbeckCushman & WakefieldMore Info
602-538-7155

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Chris HollenbeckCushman & WakefieldMore Info
602-538-7155

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.