383 N Gilbert Rd
Gilbert, AZ 85234
Culinary Dropout - Trophy NNN Investment · Retail Property For Sale

Cushman & Wakefield is pleased to present the opportunity to acquire a net leased investment tenanted by Culinary Dropout, a well-known and highly differentiated experiential dining concept. The property features a long-term lease with a nationally recognized restaurant operator, offering investors a reliable income stream supported by a proven brand with a strong operating history.
Culinary Dropout is part of Fox Restaurant Concepts, which is owned by The Cheesecake Factory Incorporated (NASDAQ: CAKE), one of the most established restaurant companies in the United States. Founded in 1978, The Cheesecake Factory has grown into a multi-brand platform operating more than 300 restaurants globally, including North Italia, Flower Child, and Culinary Dropout. The company reported approximately $3.6 billion in revenue in 2024, highlighting the scale, consistency, and durability of its operating model. Culinary Dropout currently operates 16 locations nationwide, with continued expansion focused on high-growth, demographically strong markets.
The subject property is located in the heart of Downtown Gilbert’s Heritage District, a rapidly growing and highly activated trade area known for its vibrant dining, entertainment, and community-oriented atmosphere. The district features more than 30 restaurants, strong pedestrian activity, and year-round events that draw both locals and visitors. As one of the East Valley’s premier culinary and nightlife destinations, the Heritage District blends historic character with modern development, supported by restored landmark buildings, public art installations, and an active calendar of markets and festivals. The area benefits from excellent visibility, convenient access, and strong household incomes, all of which support long-term restaurant performance and tenant stability.
This offering represents an opportunity to acquire a well-located Culinary Dropout investment with steady cash flow, limited management responsibilities, and long-term value supported by a nationally scaled restaurant platform and a highly recognizable experiential dining brand.