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    1534 E Ray Rd Gilbert, AZ 85296

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    For Lease
    Contact for pricing

    End-cap retail and fully equipped restaurant space for lease.

    Property size:
    3,403 SF
    Lot size:
    2.95 Acres

    Property Features for 1534 E Ray Rd

    General Information

    Size
    3,403 SF
    Lot size
    2.95 Acres

    Source: ORION Investment Real Estate Agent Mary Nollenberger

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail & Restaurant Space Available

    This 3,403-square-foot property in Gilbert, Arizona, offers an end-cap retail and fully equipped restaurant space. The location is shadow-anchored by Dunn Edwards, Discount Tire, and Circle K. It benefits from close proximity to Loop-202, SanTan Village Marketplace, and Dignity Health Mercy Gilbert Medical Center, which has 212 beds. The surrounding trade area is affluent, with high average household incomes of $162,048 within a 3-mile radius.
    Insight Report Location Intelligence

    Current Use by Public Records

    Tyler Castleton Physical Therapist Craig Blankinship Doctor Dr. Brett Quackenbush Pediatric Dentist Dr. Morris Oswald Dentist Quantum Physiques Personal ... Personal Trainer

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Spicy Senorita Salsa

    Location Insight

    • Map
    • Local Demand
    City
    Gilbert
    County
    Maricopa
    State
    Arizona
    Longitude
    -111.7571763
    Latitude
    33.3223818

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    FAQs

    What type of property is this?
    Restaurant - End-cap retail and fully equipped restaurant space for lease.
    Where is this restaurant located?
    The property is located at 1534 E Ray Rd Gilbert, AZ.
    What are key features of this property?
    This property features: - Fully Equipped Restaurant, ready for immediate operation; - High Average Household Incomes of $162,048 within a 3-mile radius; - End Cap Retail Location offering high visibility and traffic
    (480) 748-8266
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    1534 E Ray Rd Gilbert, AZ 85296
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    Gilbert, AZ 85296
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1534 E Ray Rd Gilbert, AZ 85296
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