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1395-1505 E Warner Rd
Gilbert, AZ 85296
Val Vista Towne Center · Retail Property For Sale

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INVESTMENT HIGHLIGHTS

  • Target Shadow Anchored Center
  • Exceptional Visibility and Frontage
  • Daily Needs Tenant Roster
  • Gilbert Address
  • High Income Demographics

EXECUTIVE SUMMARY

Val Vista Towne Center, located at the southwest corner of Val Vista Drive and Warner Road in Gilbert, Arizona, is a vibrant retail destination that spans 93,359 square feet. This shopping center is strategically shadow anchored by Target, which enhances its appeal and foot traffic, making it a popular spot for both locals and visitors. Currently, the center boasts an impressive 100% occupancy, indicating a strong demand for retail space in this rapidly growing area.
The center features a diverse mix of tenants, including well-known national brands and local businesses, providing a variety of shopping and dining options. This blend not only caters to the everyday needs of the community but also creates a lively atmosphere for social interactions and leisure activities. With its convenient location and robust tenant mix, Val Vista Towne Center serves as a key retail hub in Gilbert, contributing to the area’s economic vitality.
As Gilbert continues to expand, Val Vista Towne Center is well-positioned to adapt and thrive, making it an essential part of the local landscape. Whether you’re looking for groceries, fashion, or a quick bite to eat, this center offers a comprehensive shopping experience that meets the needs of its diverse clientele.
The area surrounding Val Vista Towne Center boasts impressive demographics, highlighting its appeal as a prime retail location. Within a 3-mile radius, the population stands at 128,347 residents whom earn an average household income of a substantial $149,351, indicating a strong economic base and purchasing power among residents. Additionally, the average home value is approximately $603,961, further underscoring the affluence of the area. These high demographic indicators not only suggest a robust market for retail businesses but also create an attractive environment for potential investors and tenants looking to capitalize on the area’s growth and prosperity.

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
93,359 SF
Building Class
B
Year Built
2000
Price
$24,990,000
Price Per SF
$267.68
Cap Rate
6.50%
NOI
$1,624,450
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.28
Lot Size
7.63 AC
Zoning
GC, Gilbert - GC, Gilbert
Parking
384 Spaces (4.11 Spaces per 1,000 SF Leased)
Frontage
773’ on Warner Rd

AMENITIES

  • Signage

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
304-25-908
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,386,902
  • Listing ID: 39001483

  • Date on Market: 1/7/2026

  • Last Updated:

  • Address: 1395-1505 E Warner Rd, Gilbert, AZ 85296

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