This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.
This Retail Property is no longer advertised on LoopNet.com.

920 S Gilbert Rd
Gilbert, AZ 85296
I-Hop · Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • 4,022 SF freestanding IHOP restaurant on 39,043 SF lot
  • Building recently received roof improvements and HVAC maintenance
  • Owner User or Investment Opportunity
  • Absolute NNN lease. Initial term runs through 10/31/2027 with $723,000 of rent remaining as of 10/31/2024. Three additional 5-year option periods
  • Strong potential for redevelopment or re-tenanting upon lease expiration
  • Close proximity to Gilbert Town Square which offers dining, shopping and entertainment; tenants include Pei Wei, Sport Clips, Chipotle and more

PROPERTY FACTS

Property Type
Retail
Property Subtype
Restaurant
Building Size
4,022 SF
Building Class
B
Year Built
2002
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
0.90 AC
Zoning
C-C - Commercial
Parking
53 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
98’ on S Gilbert Rd

AMENITIES

  • Signage

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
302-82-970
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$179,830
  • Listing ID: 32709575

  • Date on Market: 8/6/2024

  • Last Updated:

  • Address: 920 S Gilbert Rd, Gilbert, AZ 85296

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}