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Rivulon Shops 3605 S Gilbert Rd 6,007 SF 100% Leased Retail Building Gilbert, AZ 85297 $3,950,000 ($657.57/SF) 5.56% Cap Rate
Investment Highlights
- Attractive In-Place Returns: Offered at $3,950,000 with a 5.56 cap rate and $219,664 in NOI
- Premier Position Along a High-Traffic East Valley Corridor
- Curated Tenant Mix with Loyal Customer Bases
- 100% Occupied with Zero Vacancy Risk
- Stable Income with a Nearly 5-Year WALT
- Gilbert remains one of the strongest retail submarkets in Arizona!
Executive Summary
Rivulon Shops is a ±6,007 square foot, fully leased multi-tenant retail center generating an NOI of $219,664 and is offered at $3,950,000, representing a 5.56% cap rate.
Property Facts
Sale Type
Investment NNN
Property Type
Building Size
6,007 SF
Year Built
2018
Price
$3,950,000
Price Per SF
$657.57
Cap Rate
5.56%
NOI
$219,664
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100
Nearby Major Retailers
1 of 2
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Rivulon Shops | 3605 S Gilbert Rd
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