868 N Gilbert Rd - Freestanding FOR SALE


Gilbert, AZ 85234- North Gilbert
$12,000,000 USD
480-294-6004
868 N Gilbert Rd, Gilbert, AZ for Sale
$12,000,000 USD
Freestanding - FOR SALE
1/16
null | 6.82% Cap Rate

868 N Gilbert Rd
Gilbert, AZ 85234
North Gilbert


HIGHLIGHTS

  • Three tenant retail project totaling ±45,019 square feet
  • 100% leased to recreation focused high- quality successful tenants
  • Constructed in 2001 and continually updated with new HVAC units and Roof
  • One half mile north of showcase Downtown Gilbert with over 30 restaurants
  • Center co-tenants include Walgreens and Chase Bank
  • Dense daytime employment area - Office and Retail

OVERVIEW

• All Tenants have Long term Leases • 3 Tenant Shopping Center • Very Low Owner Expenses (less than $4,000/Year) • Very low tenant NNN Expenses, which makes Center very attractive • Fee Simple

FOR SALE DETAILS

PRICE

$12,000,000 USD

PRICE/SF

$267 USD /SF

CAP RATE

6.82%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2001

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

CROSS STREETS

E Guadalupe Rd

LAND ACRES

3.45 AC

LAND SF

150,282 SF

ZONING

C-G

APN/PARCEL ID

314-01-009

ASK ABOUT THIS PROPERTY

Michael WaxmanLevRose Real EstateMore Info
480-294-6004

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Michael WaxmanLevRose Real EstateMore Info
480-294-6004

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