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New NNN Ground Lease Opportunity

3317 S Val Vista Dr, Gilbert, AZ

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For Sale

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New 20-year NNN ground lease in a growing area.

Type:RETAIL

Property size:

837 SF

Lot size:

1.48 Acres

HighLights

Brand new 20‑year absolute triple‑net (NNN) ground lease, construction completed in 2025.
Highly visible location on South Val Vista Drive, accessible by ±49,000 cars per day.
12.5% rental increases every 5 years with multiple renewal options.
302,800 residents in a 5‑mile radius, in the dense Gilbert trade area of the Phoenix MSA.
Affluent trade area with average household income exceeding $152,000 within a 3‑mile radius.
Excellent location in Gilbert's primary commercial corridor near SanTan Village Mall, SanTan Motorplex, Dignity Health Mercy Gilbert Medical Center, and the Veterans Affairs Health Clinic.

We can help!

Listing Contact

Kalen Rickard

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For Sale

Contact for pricing

New 20-year NNN ground lease in a growing area.

Type:RETAIL

Property size:

837 SF

Lot size:

1.48 Acres

Added:: Apr 1, 2025
Days on Market:: 441
Last Refresh:: May 20 at 9:47 pm

Property Features for 3317 S Val Vista Dr

General Information

Standard status: Active
Size: 837 SF
Lot size: 1.48 Acres
Property subtype: RETAIL

We can help!

Listing Contact

Kalen Rickard

Listing agent Kalen Rickard License #SA630590000

Listing office Western Retail Advisors, LLC

Listing date Apr 1, 2025

Source Moodyscre

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

All listing content including descriptions, pricing, images are the copyrighted material of Western Retail Advisors, LLC

HighLights

Brand new 20‑year absolute triple‑net (NNN) ground lease, construction completed in 2025.
Highly visible location on South Val Vista Drive, accessible by ±49,000 cars per day.
12.5% rental increases every 5 years with multiple renewal options.
302,800 residents in a 5‑mile radius, in the dense Gilbert trade area of the Phoenix MSA.
Affluent trade area with average household income exceeding $152,000 within a 3‑mile radius.
Excellent location in Gilbert's primary commercial corridor near SanTan Village Mall, SanTan Motorplex, Dignity Health Mercy Gilbert Medical Center, and the Veterans Affairs Health Clinic.

Overview

This property features a brand new 20-year absolute triple-net (NNN) ground lease, constructed in 2025. The lease includes 12.5% rental increases every 5 years, along with multiple renewal options. The location offers high visibility along South Val Vista Drive, with accessibility to approximately 49,000 cars per day at the corner of Val Vista Drive and South Market Street. The surrounding area is a dense Gilbert trade area within the Phoenix MSA, with 302,800 residents within a 5-mile radius. The trade area is experiencing rapid growth, with projected household and population increases of 8-10% in the immediate area by 2029. The property is situated in Gilbert's primary commercial corridor, offering immediate proximity to SanTan Village Mall, SanTan Motorplex, Dignity Health Mercy Gilbert Medical Center, and the Veterans Affairs Health Clinic. The affluent trade area boasts an average household income exceeding $152,000 within a 3-mile radius. The location is just north of the Loop 202, a major connector for the Phoenix MSA. The property size is 837 square feet.

Location Intelligence

Current Use by Public Records

Storefront properties

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Location Insight

Map
Local Demand

City: Gilbert
County: Maricopa
State: Arizona
Longitude: -111.755
Latitude: 33.2916

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For sale
Storefront properties
AZ
Gilbert
3317 S Val Vista Dr

What type of property is this?

Storefront property - New 20-year NNN ground lease in a growing area.

Where is this storefront property located?

The property is located at 3317 S Val Vista Dr Gilbert, AZ.

What are key features of this property?

This property features: Brand new 20‑year absolute triple‑net (NNN) ground lease, construction completed in 2025.; Highly visible location on South Val Vista Drive, accessible by ±49,000 cars per day.; 12.5% rental increases every 5 years with multiple renewal options.

3317 S Val Vista Dr, Gilbert, AZ

New 20-year NNN ground lease in a growing area.

Property Features for 3317 S Val Vista Dr

General Information

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Similar Places Nearby

Location Insight

Nearby Similar for Sale

Established Ice Cream Shop Opportunity

Retail Center with Stable Tenants

Neighborhood Retail Center NNN

Gilbert Medical Office Investment Opportunity

Gilbert Automotive and Retail Property

Office Suites in Gilbert, Arizona

Gilbert Medical Office Investment Opportunity

Professional Office Condo For Sale

East Valley Commercial Property

Industrial Condo in Gilbert, Arizona

New NNN Ground Lease Opportunity

Industrial Building with Office Space

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