Gilbert, AZ
Commercial Real Estate Market Trends & Data

$516 per SF Avg asking sale price
$25 per SF Avg asking lease rate
12,144 SF Avg unit lease size
16,023 SF Avg building size for sale
5.94% Average cap rate

Gilbert's Demographic Profile

Gilbert has 92,548 households and a median income of $112,425, providing context for rent absorption and tenant demand across retail and multifamily assets. A +8% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metric Value
Population 281,261
# Households 92,548
Median age 36
Median household income $112,425
Avg household size 3.0
Renter-occupied housing units 25,119
5-year population change +8%

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↻ Updated Monthly

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Nearby Office Markets Avg Cost/SF Typical Size Cap Max
Gilbert $397 10,475 SF 7.00%
Chandler $358 31,334 SF 8.00%
Mesa $293 20,021 SF 8.09%
Tempe $451 23,448 SF 8.00%
Nearby Retail Markets Avg Cost/SF Typical Size
Gilbert $984 14,809 SF
Chandler $679 11,697 SF
Queen Creek $982 30,337 SF
Mesa $519 37,950 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
Gilbert $296 26,904 SF 4.94%
Chandler $275 22,961 SF 4.94%
Queen Creek $296 25,371 SF 4.94%
Mesa $208 27,192 SF 4.94%
Tempe $273 37,219 SF 6.47%

Commercial Properties For Sale in Gilbert

The listings below reflect how current market pricing and building scale translate into active opportunities available today.
For Sale

Bojangles | New 20yr Abs NNN | Annual Incrs

Gilbert, AZ 85297

  • 2,900 SF Retail Building
  • 6.75% Cap Rate
  • $7,370,000
For Sale

55 E Southern Ave

Mesa, AZ 85210

  • 5,740 SF Industrial Building
  • $1,578,500
For Sale

Bldg B

Chandler, AZ 85225

  • 6,038 SF Office Building
  • 6.50% Cap Rate
  • $539,000
For Sale

DigMyPics

Gilbert, AZ 85233

  • 17,535 SF Industrial Building
  • $3,670,000
For Sale

STNL CHIPOTLE | ABSOLUTE NNN | DRIVE-THRU

Gilbert, AZ 85297

  • 2,325 SF Retail Building
  • 4.65% Cap Rate
  • $3,900,000
For Sale

Medical / Life Sciences Development Opp.

Gilbert, AZ 85297

  • 0.85 - 3.88 AC Lots
  • 4 Commercial Lots
  • $888,624 - $8,279,880

Average Price For Sale

↻ Updated Monthly

Average Price For Lease

↻ Updated Monthly

Number of Listings

↻ Updated Monthly

Cap Rate

↻ Updated Monthly

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Nearby Commercial Markets

Comparing nearby markets helps investors see whether Gilbert pricing and building scale sit above, below, or in line with surrounding areas.

Commercial Markets Avg Cost/SF Average Size
Gilbert $516 16,023 SF
Chandler $452 27,257 SF
Queen Creek $476 28,315 SF
Mesa $402 28,097 SF

Regional Demographic Comparison

This comparison places Gilbert alongside nearby cities to show how population size, household counts, and income levels differ across the region. Viewing these markets side by side helps investors understand whether local demand and income characteristics are concentrated in Gilbert or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
Gilbert 281,261 92,548 36 $112,425 3 25,119 8%
Sun Lakes 16,561 9,562 75 $66,470 2 1,082 9%
Chandler 281,468 104,141 38 $98,180 3 39,562 7%
Queen Creek 72,042 21,781 37 $122,066 3 2,179 13%
Mesa 541,569 206,466 38 $70,169 3 76,302 8%

Disclaimer: The figures on this page reflect LoopNet's active commercial listings in Gilbert, AZ and update as inventory changes. Averages can shift between periods or vary across property types depending on the mix of listings available at a given time, so individual metrics may not reflect broader market trends. These figures are best used as directional benchmarks for early market evaluation. For comprehensive commercial real estate data and analytics, subscribe to CoStar.

FAQs About Commercial Investing in Gilbert

View All Commercial Real Estate For Sale in Gilbert
Is Gilbert a good market for a first-time commercial real estate investor?

Gilbert offers commercial properties across a wide range of sizes and price points. By reviewing the market data and benchmarks on this page, first-time investors can better understand what a typical commercial property looks like before committing capital and narrowing in on specific listings.

How can this market data help me decide whether to buy commercial property for my business in Gilbert?

The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in Gilbert. Typical building sizes and asking prices provide a starting point for evaluating space needs, budget fit, and long term occupancy costs before engaging lenders or brokers.

What should conservative investors focus on when evaluating commercial properties in Gilbert?

Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for Gilbert. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.

How does Gilbert compare to nearby commercial real estate markets?

Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to Gilbert. Reviewing these side by side helps experienced investors identify relative value, pricing premiums, or alternative markets that may better align with return targets.

How can this page support early-stage deal screening for Gilbert acquisitions?

This page provides high-level benchmarks for pricing, deal size, and observed cap rates in Gilbert, which are useful for initial market filtering. Institutional and data-driven investors often use these signals to prioritize listings that meet size, pricing, and return thresholds before deeper underwriting.

Nearby Market Trends