1 of 4

2 of 4

3 of 4

4 of 4

•  Media
• Map
• Street View

1166 S Gilbert Rd
Gilbert, AZ 85296 Downtown Gilbert

$9,675,000 USD

General Retail For Sale  •  37,856 SF

Property Details

• Property Type General Retail
• Total Building Size 37,613 SF
• Lot Size 1.22 AC
• Building Class B
• Year Built 2001
• Tenancy Multiple
• Zoning SC

20 Transit Score

30 Walk Score

Highlights

Value-add lease-up opportunity with ±9,000 SF of leasable space available, providing a new owner with clear path to grow income above in-place rents

Attractive going-in cap rate of 7.00%, with the opportunity to increase cash flow through lease-up and tenant turnover

Projected to increase NOI over 20% by Year 3

Located in one of the fastest-growing and most desirable submarkets in the Southeast Valley

Amenities

• Pylon Sign
• Signage

Public Transportation

Airport	Drive	Walk	Distance
Phoenix-Mesa Gateway	18 min	-	8.8 mi
Phoenix Sky Harbor International	32 min	-	20.5 mi