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

Property Facts
About 323 N GILBERT RD , GILBERT, AZ 85234
Cushman & Wakefield is pleased to offer to qualified investors the opportunity to acquire an irreplaceable trophy real estate asset located in the heart of the Heritage Marketplace in Downtown Gilbert, AZ. Dierks Bentley’s Whiskey Row 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 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. 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.
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Property Taxes
| Parcel Number | 304-16-837 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $324,995 |
Property Taxes
Listing ID: 12454185
Date on Market: 5/3/2018
Last Updated:
Address: 323 N Gilbert Rd, Gilbert, AZ 85234
The Downtown Gilbert Retail Property at 323 N Gilbert Rd, Gilbert, AZ 85234 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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