Log In/Sign Up
323 N Gilbert Rd
Mesa, AZ 85203
Gilbert Square Shopping Center · Retail Property For Sale
Investment Highlights
- In-place Cap Rate of 7.25%; Well above the Metro Phoenix shopping center yearto-date average of 6.27%
- Annual Rent Increases to Help Cash Flow with all 10 Tenants
- All Tenants on NNN Leases
- Below Average Proce Per Sq. Ft. of $207; Metro Phoenix shopping center average year-to-date is $308 psf
- Excellent Weighted Average Remaining Lease Term of 6.8 Years
- Extremely High Density Location; The population is nearly 154,000 within 3 miles and the intersection sees over 57,000 vehicles per day
Property Facts
Property Type
Retail
Building Size
23,929 SF
Building Class
C
Year Built
1986
Tenancy
Multiple
Building Height
1 Story
Loading Docks
1 Exterior
Building FAR
0.37
Lot Size
1.50 AC
Zoning
LC
Parking
114 Spaces (4.76 Spaces per 1,000 SF Leased)
Frontage
237’ on N Gilbert Rd
Amenities
- Pylon Sign
- Signalized Intersection
- Drive Thru
Property Taxes
| Parcel Number | 140-24-006M | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $241,856 |
Property Taxes
Parcel Number
140-24-006M
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$241,856
1 of 1
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
