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Investment Highlights

  • Located in a dense residential trade area ? strong user demand (medical, daycare, service retail)
  • Population and household growth projected in surrounding area

Executive Summary

This property presents a compelling acquisition opportunity along one of Gilbert's busiest corridors. Configured as an adult day care facility, it will be delivered vacant at close of escrow, offering flexibility for adaptive reuse or repositioning. The site boasts Gilbert Road frontage, ensuring outstanding visibility and continuous exposure to high traffic levels, with approximately24,449 vehicles per day. The building includes a kitchen equipped with a hood and an established outdoor play area, supporting uses such as specialty care, education, or food-based concepts. Situated in a dense residential area just one mile south of Downtown Gilbert Heritage District, the property lies in proximity to leading retail and dining destinations. This combination of high exposure, strong surrounding demographics, and immediate usability positions the asset for robust long-term value and operational success.

Property Facts

Sale Type
Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
9,358 SF
Building Class
B
Year Built
2000
Price
$2,800,000
Price Per SF
$299.21
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.20
Lot Size
1.10 AC
Zoning
GC, Gilbert - General Commercial
Frontage
85’ on S Gilbert Rd.

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 1st Floor
  • 9,358 SF
  • Retail
  • In-Line
  • 30 Days
Space Size Space Use Position Available
1st Floor 9,358 SF Retail In-Line 30 Days

1st Floor

Size
9,358 SF
Space Use
Retail
Position
In-Line
Available
30 Days
Fairly walkable
40/100
Exceptionally drivable
90/100
Limited public transit
30/100
Moderately bikeable
60/100

Nearby Major Retailers

Curves
The Little Gym
PNC Bank
BMO
Planet Fitness
Life Time Fitness
Pei Wei Asian Kitchen
Buffalo Wild Wings
Salad and Go
Burn Boot Camp

Property Taxes

Property Taxes

Parcel Number
302-35-326
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$144,407
  • Listing ID: 40901444

  • Date on Market: 6/12/2026

  • Last Updated:

  • Address: 500 S Gilbert Rd, Gilbert, AZ 85296

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