6225 S Higley Rd - Retail FOR SALE


Gilbert, AZ 85298- South Gilbert
$3,763,000 USD
602-682-8175
6225 S Higley Rd, Gilbert, AZ for Sale
$3,763,000 USD
Retail - FOR SALE
1/5
null | 4.65% Cap Rate

6225 S Higley Rd
Gilbert, AZ 85298
South Gilbert


OVERVIEW

Velocity Retail Group is pleased to offer this Single Tenant Net Leased Investment property located at 6225 S Higley Road, Gilbert, AZ 85298 (the “Property”). This offering presents an excellent opportunity for an investor to acquire an income-producing commercial property located in a high demographic City of Gilbert sub-market that is a part of the high growth sun belt super-regional Phoenix metropolitan area (5,000,000+ population). The Property is leased to Chipotle Mexican Grill (NYSE: CMG), a very successful top tier national fast casual restaurant operator. Highlights: - New 2,395 SF Building with “Chipotlane” Drive Thru: Chipotle Mexican Grill opened for business at the subject location in June 2025. The Chipotlane drive is specially designed to accelerate digital order pick up delivery. - Large Pad Size: 1.26 acre pad size with street frontage on Higley Road provides its customers with the convenience of easy in and out access and on-site parking. 15-year Chipotle Mexican Grill, Inc Lease: the Property is leased directly to Chipotle Mexican Grill, Inc. (NYSE: CMG), an industry-leading fast-casual restaurant operator with over 3,800 units and a $50 Billon market cap (01/02/26). - Grocer Anchored Intersection: The Property is less than 1,200 feet from the Chandler Heights Blvd and Highly Rd intersection (35,582 CPD), which is anchored by Fry’s Marketplace (Kroger’s) grocery store. Walgreen’s, Chase Bank, McDonald’s, Dunkin Donuts, Jersey Mikes, Desert Shore Pediatrics, NextCare, and Phoenix Children’s Academy Preschool additionally draw a steady stream of customers to the immediate trade area. - Affluent City of Gilbert Sub-Market: In the 3-Mile radius of the Property, the average household income is $195,000 and there are 72,257 residents. The local area is one of the most desirable places to live in the greater Phoenix Metro area.

FOR SALE DETAILS

PRICE

$3,763,000 USD

PRICE/SF

$1,571 USD /SF

CAP RATE

4.65%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Chipotle - Higley Rd & Chandler Heights Blvd

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Fast Food, Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.26 AC

LAND SF

54,886 SF

ZONING

GC

APN/PARCEL ID

304-79-971A

ASK ABOUT THIS PROPERTY

Eli CastronovaVelocity Retail GroupMore Info
602-682-8175

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Eli CastronovaVelocity Retail GroupMore Info
602-682-8175

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