New NNN Ground Lease
For Sale
Contact for pricing
3317 S Val Vista Dr, Gilbert, AZ
New 20-year NNN ground lease in a growing area.
Property Size837 SF
Lot Size1.48 Acres
Days on Market533
Property Features for 3317 S Val Vista Dr
General Information
Standard status
Active
Size
837 SF
Lot size
1.48 Acres
Property subtype
RETAIL
Listing Agency:
Western Retail Advisors, LLC
(602) 778-3747
Listed By:
Kalen Rickard · License #SA623748000
(602) 931-4492
Source:
Moodyscre
Added: Apr 1, 2025
Changed: Aug 16
Last Checked: Sep 14 at 11:33AM
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
Investment Insights
Based on property information with market context.
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.
Key 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.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,600
Businesses Nearby
226k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 42%
Groceries 28%
Shops & Services 26%
Hotels & Casinos 4%
WinCo Foods
Groceries
63,193 visits/mo
0.4 miles
McDonald's
Dining
35,335 visits/mo
0.4 miles
Circle K
Shops & Services
30,406 visits/mo
0.3 miles
Culver's
Dining
26,913 visits/mo
0.5 miles
Salad and Go
Dining
10,931 visits/mo
0.3 miles
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Market
Vacancy Rate% for Retail in West region
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Frequently Asked Questions
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.
