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383 N Gilbert Rd
Gilbert, AZ 85234 Downtown Gilbert

$9,720,000 USD

Restaurant For Sale  •  19,536 SF

Property Details

• Property Type Restaurant
• Total Building Size 20,743 SF
• Lot Size 0.53 AC
• Building Class B
• Year Built 2019
• Cap Rate 6.50 %
• Tenancy Single
• Zoning HVC

32 Transit Score

85 Walk Score

Highlights

Trophy location in Downtown Gilbert

Minimal Landlord responsibilities

2% annual rent increases - ideal hedge against inflation

Very strong rent to sales ratio (ask broker for more details)

Culinary Dropout has ±16 locations across multiple high-growth states, including Alabama, Arizona, California, Colorado, Georgia, Indiana, Tennessee,

The Cheesecake Factory operates roughly 368 restaurants in the U.S. and Canada under its core and affiliated brands, with an additional 35 internation

Property Flyers

OM_Culinary Dropout_Gilbert, AZ_383 N Gilbert Rd

Cap Rate:

6.50 %

Major Tenants

Tenant	SF Occupied	Lease End Date
Culinary Dropout

Public Transportation

Airport	Drive	Walk	Distance
Phoenix-Mesa Gateway	21 min	-	10.7 mi
Phoenix Sky Harbor International	28 min	-	18.5 mi