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424 S Gilbert Rd 12,010 SF Vacant Industrial Building Mesa, AZ 85204 $1,700,000 ($141.55/SF)
Investment Highlights
- Flexible floor plan enables an owner-user to occupy a portion of the premises while generating rental income from leasing the remaining suite.
- Mesa continues to rank among Greater Phoenix’s most active industrial and flex markets, supported by constrained new supply.
- Submarket vacancy rates remain low at approximately 3.7%, reflecting the stability and investment strength of the local industrial sector.
- Prominent frontage along Gilbert Road enhances exposure and accessibility.
- Average rental rates in Mesa are approximately $14.80/SF—exceeding the metro average—underscoring the market’s strong occupancy and appeal.
Executive Summary
License No. CO701910000 (AZ)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
4110 N Scottsdale Rd Suite 100,
Scottsdale, AZ 85251
Property Facts In Escrow
| Price | $1,700,000 | Rentable Building Area | 12,010 SF |
| Price Per SF | $141.55 | No. Stories | 1 |
| Sale Type | Investment | Year Built | 1982 |
| Property Type | Industrial | Parking Ratio | 0.83/1,000 SF |
| Property Subtype | Warehouse | Clear Ceiling Height | 20’ |
| Building Class | B | No. Drive In / Grade-Level Doors | 4 |
| Lot Size | 0.58 AC | ||
| Zoning | C-2, Mesa - Commercial | ||
| Price | $1,700,000 |
| Price Per SF | $141.55 |
| Sale Type | Investment |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | B |
| Lot Size | 0.58 AC |
| Rentable Building Area | 12,010 SF |
| No. Stories | 1 |
| Year Built | 1982 |
| Parking Ratio | 0.83/1,000 SF |
| Clear Ceiling Height | 20’ |
| No. Drive In / Grade-Level Doors | 4 |
| Zoning | C-2, Mesa - Commercial |
Amenities
- Signage
- Reception
- Monument Signage
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Airtech Automotive Llc
- Services
- -
- -
- -
-
- Services
- -
- -
- -
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- Great Embroidery
- Professional, Scientific, and Technical Services
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Airtech Automotive Llc | Services | - | - | - | ||
|
|
Services | - | - | - | ||
| Great Embroidery | Professional, Scientific, and Technical Services | - | - | - |
Space Availability
- Space
- Size
- Space Use
- Build-Out
- Available
David Harrington License No. CO701910000 (AZ) (866) 889-0550 Matthews Real Estate Investment Services, Inc 4110 N Scottsdale Rd Suite 100, Scottsdale, AZ 85251
| Space | Size | Space Use | Build-Out | Available |
| 1st Floor | 12,010 SF | Industrial | Full Build-Out | Now |
1st Floor
| Size |
| 12,010 SF |
| Space Use |
| Industrial |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
1st Floor
| Size | 12,010 SF |
| Space Use | Industrial |
| Build-Out | Full Build-Out |
| Available | Now |
David Harrington License No. CO701910000 (AZ) (866) 889-0550 Matthews Real Estate Investment Services, Inc 4110 N Scottsdale Rd Suite 100, Scottsdale, AZ 85251
Property Taxes
| Parcel Number | 139-01-049F | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $79,032 |
Property Taxes
Presented by
424 S Gilbert Rd
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