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    Gilbert, AZ
    Conventional Restaurant

    Gilbert, AZ Conventional Restaurants for Sale

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    Icons Sports Grill Bar
    Updated: Oct 9
    Icons Sports Grill Bar

    1475 W Elliot Rd, Gilbert, AZ 85233

    $1,620,000
    6,105 sqft 1.14 AC lot
    6.00 cap rate
    Primary lease term expires June 2034; includes 2 x 5‑year renewal options
    3% annual scheduled rent increases during the primary term
    Freestanding 6,105‑square‑foot building with covered patio on approximately 1.14 acres
    Landlord responsibilities limited to roof and structure
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    Second-Generation Restaurant Building
    Updated: Aug 20
    Second-Generation Restaurant Building

    920 S GILBERT Road, Gilbert, AZ 85296

    $2,800,000
    Second‑generation restaurant building constructed in 2002
    Former IHOP location at 920 S Gilbert Road, Gilbert, AZ 85296
    Near Gilbert Town Square and the Gilbert Civic Center
    Close to local schools and Class A multifamily communities
    Surrounded by retail, office, residential, and civic uses
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    Chipotle Absolute NNN Property
    Chipotle Absolute NNN Property

    4733 East Germann Road, Gilbert, AZ 85297

    $3,900,000

    Single-tenant restaurant property with drive-through configuration in Gilbert, Arizona.

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    Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads
    Turnkey Indian Restaurant Space
    Turnkey Indian Restaurant Space

    1530 S Val Vista Dr, Gilbert, AZ 85296

    Contact for pricing
    1,250 sqft

    Turnkey Indian restaurant space with layout supporting dine-in, takeout, and delivery within a Gilbert trade area.

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    Free-Standing Restaurant Building
    Free-Standing Restaurant Building

    1017 E Baseline Rd, Gilbert, AZ 85233

    Contact for pricing
    8,684 sqft

    Single-tenant restaurant building with strong traffic counts near the Gilbert Commons power center.

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    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 5 Active listings in Gilbert, AZ, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Fully Built-Out Restaurant Space
    Fully Built-Out Restaurant Space

    909 E Elliot Rd, Tempe, AZ 85284

    Contact for pricing
    5,200 sqft

    Large-format restaurant space with private dining rooms, separate dining areas, and an outdoor patio.

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    Mediterranean Restaurant Business For Sale
    Mediterranean Restaurant Business For Sale

    1262 South Country Club Drive, Mesa, AZ 85210

    Contact for pricing
    2,900 sqft

    Established Mediterranean restaurant with a proven guest base, full kitchen equipment, and operating hours Monday through Saturday.

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    NNN-Leased Restaurant Building
    NNN-Leased Restaurant Building

    1559 S Gilbert Rd, Mesa, AZ 85204

    Contact for pricing
    6,506 sqft

    NNN leased restaurant building in Central Mesa with LC zoning and multiple guarantors under a long-term lease structure.

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    Restaurant Suite Ready to Operate
    Restaurant Suite Ready to Operate

    1753 E Broadway Rd, Tempe, AZ 85282

    Contact for pricing

    Suite 103 is positioned for a restaurant or cafe concept, presented as a ready-to-operate space with modern improvements.

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    Gilbert, AZ Conventional Restaurants Market Trends and Statistics

    Explore 5 conventional restaurants for sale in Gilbert, AZ, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 16,039 square feet of properties for sale, with an estimated market value of $8,320,000.

    Sale prices for conventional restaurants in Gilbert, AZ start at $1,620,000, averaging $2,773,333, and reaching up to $3,900,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Conventional restaurants 8
    Drive through restaurants 6
    Bars & Pubs 1
    Coffee shops 1

    Demographics Overview

    Population 273K
    Population Growth (5Y) +15.4%
    Median Household Income $122,202
    College Educated 54.8%

    High-Yield Neighborhoods for Investment

    Identify Gilbert submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    85296 $2.8M
    85297 $3.9M

    Taxes & Financing

    Tax Rate (average for all types) 4.32%
    Property Tax per SF $54.74 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Maricopa County

    New Delisted

    Total CRE Inventory on Market (SF)

    Property Size Breakdown

    The majority of commercial real estate listings in Gilbert fall within the 100,000+ square foot range.

    How Realmo verifies these figures

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    Most Searched ZIP Codes in Gilbert, AZ

    • 85233
    • 85296
    • 85297
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