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323 N Gilbert Rd
Gilbert, AZ 85234
Dierks Bentley’s Whiskey Row · Retail Property For Sale

Property Facts

Property Type
Retail
Property Subtype
Restaurant
Building Size
13,341 SF
Building Class
B
Year Built
2017
Tenancy
Single
Building Height
1 Story
Building FAR
0.79
Lot Size
0.39 AC
Zoning
HVC
Parking
101 Spaces (7.3 Spaces per 1,000 SF Leased)

About 323 N GILBERT RD , GILBERT, AZ 85234

Dierks Bentley’s Whiskey Row (www.dierkswhiskeyrow.com) is an award winning, privately owned restaurant and music-based entertainment venue currently operating three locations in Arizona and opening a fourth in Nashville, TN later in the year. The property is located in the highly desirable Heritage District in downtown Gilbert, AZ next to other block buster valley names like Zinburger, Postino, Barrio Queen, Lo-Lo’s Chicken & Waffles, Oregano’s, Snooze Eatery and many more. The current lease with Dierks Bentley’s Whiskey Row has over 11 years of firm term left with attractive 2% annual increases on the rent. The location has been open for 8 months and has exceeded expectations on sales, giving a buyer the opportunity to own an asset with where the tenant is paying an extremely low rent-to-sales ratio. The lease is a NNN lease so a buyer will have very little responsibilities. Dierks Bentley Whiskey Row is owned by RIOT Hospitality Group (www.riothg.com) which has created and owns other award winning concepts such as El Hefe, Farm & Craft, Cake, and Hand Cut. The group currently has over 10 concepts either open or under construction. They continue to grow their concepts throughout the country. Dierks Bentley is an American country singer and songwriter. He has released 9 albums since his first in 2003, two certified platinum and one gold, with his latest album Black having been released in May 2016. This offering provides an investor with the ideal opportunity to purchase a trophy asset that will be an Arizona staple for years to come. The location in Gilbert is continuing to become more desirable each year as larger office and retail tenants move into the Heritage District and more high income families to Gilbert.

Property Taxes

Property Taxes

Parcel Number
304-16-837
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$324,995
  • Listing ID: 10017371

  • Date on Market: 11/17/2017

  • Last Updated:

  • Address: 323 N Gilbert Rd, Gilbert, AZ 85234

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