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881 N Arizona Ave 5,940 SF Retail Building Gilbert, AZ 85233 $3,950,000 ($664.98/SF) 5.48% Cap Rate

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Executive Summary

• Large Automotive Sales Lot
• Beautiful Sales Office
• 4 Bay Service Center
• Great Gilbert Location!

881 N Arizona Ave Brochure

Property Facts

Sale Type

Investment

Property Type

Retail

Property Subtype

Freestanding

Building Size

5,940 SF

Building Class

Year Built

2005

Price

$3,950,000

Price Per SF

$664.98

Cap Rate

5.48%

NOI

$216,460

Tenancy

Single

Building Height

1 Story

Building FAR

0.07

Lot Size

2.08 AC

Zoning

GC - General Commercial

Frontage

250’ on North Arizona Avenue

Air Conditioning

1 1

Aerial
Map
Traffic

881 N Arizona Ave, Gilbert, AZ - Aerial map view

Fairly walkable

40/100

Exceptionally drivable

100/100

Limited public transit

30/100

Fairly bikeable

40/100

Source: Local Logic^®

Property Taxes

Parcel Number	302-09-541	Improvements Assessment	$0
Land Assessment	$0	Total Assessment	$214,408

Property Taxes

Parcel Number

302-09-541

Land Assessment

Improvements Assessment

Total Assessment

$214,408

(480) 510-1353

Contact

Aaron Norwood
LevRose Real Estate

Listing ID: 32246145
Date on Market: 6/25/2024
Last Updated:
Address: 881 N Arizona Ave, Gilbert, AZ 85233

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881 N Arizona Ave, Gilbert, AZ for sale Building Photo- Image 1 of 10 — Primary Photo NEW

881 N Arizona Ave, Gilbert, AZ for sale Primary Photo- Image 2 of 10 — Primary Photo

881 N Arizona Ave, Gilbert, AZ for sale Interior Photo- Image 3 of 10 — Lobby 1

881 N Arizona Ave, Gilbert, AZ for sale Interior Photo- Image 4 of 10 — Hallway

881 N Arizona Ave, Gilbert, AZ for sale Interior Photo- Image 5 of 10 — Lobby 2

881 N Arizona Ave, Gilbert, AZ for sale Building Photo- Image 6 of 10 — Exterior

881 N Arizona Ave, Gilbert, AZ for sale Building Photo- Image 7 of 10 — Exterior 2

881 N Arizona Ave, Gilbert, AZ for sale Aerial- Image 8 of 10 — Aerial

881 N Arizona Ave, Gilbert, AZ for sale Building Photo- Image 9 of 10 — Building Photo

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881 N Arizona Ave

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