Fully Leased Multi-Tenant Retail
3605 S Gilbert Road Gilbert, AZ 85297
3605 S Gilbert Road, Gilbert, AZ, 85297
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For Sale
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Fully leased retail center with a multi-tenant mix and a 4.87-year weighted average lease term.
Property Size6,007 SF
Price / SF$657.57
Days on Market53
Property Features for 3605 S Gilbert Road
General Information
- Standard status
- Active
- Size
- 6,007 SF
- Property subtype
- Retail
Listing agency
Diversified Partners
Listed by
John Jackson · License #SA586080000
Source
Crexi
Added: May 30 Updated: Jul 10 at 1:51PM Checked: Jul 21 at 3:10AM
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 Diversified Partners
Investment Insights
Based on property information with market context.
Rivulon Shops is a 6,007-square-foot, fully leased multi-tenant retail center with an NOI of $219,664. The property is offered for $3,950,000 and reflects a 5.56% cap rate, based on the current in-place income. The center is designed with a modern, high-quality construction and a pedestrian-friendly environment, supporting a curated mix of dining, service, wellness, and lifestyle-oriented retail uses.
The center is positioned adjacent to the Rivulon campus, a mixed-use destination that continues to draw a broad range of users, including major employers, healthcare-related users, hospitality operators, and new residential development. This setting is intended to support both daytime activity from nearby corporate and medical users and additional evening and weekend consumer demand. Regional connectivity is enhanced by Loop 202 and nearby arterial roadways, improving access for local residents and East Valley commuters.
For tenants, investors, and buyers, Rivulon Shops offers an operating retail asset anchored by a balanced tenant roster and fully leased occupancy. With a 4.87-year weighted average lease term, the property provides continuity of income and a stable platform for a retail-oriented business plan within the broader Rivulon master-planned development.
The center is positioned adjacent to the Rivulon campus, a mixed-use destination that continues to draw a broad range of users, including major employers, healthcare-related users, hospitality operators, and new residential development. This setting is intended to support both daytime activity from nearby corporate and medical users and additional evening and weekend consumer demand. Regional connectivity is enhanced by Loop 202 and nearby arterial roadways, improving access for local residents and East Valley commuters.
For tenants, investors, and buyers, Rivulon Shops offers an operating retail asset anchored by a balanced tenant roster and fully leased occupancy. With a 4.87-year weighted average lease term, the property provides continuity of income and a stable platform for a retail-oriented business plan within the broader Rivulon master-planned development.
Key Highlights
- 6,007 SF, fully leased multi‑tenant retail center (Rivulon Shops)
- Generates $219,664 NOI and is offered at $3,950,000 (5.56% cap rate)
- 4.87‑year weighted average lease term
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Bisbee Breakfast Club
Restaurant
DS Sports Nutrition
(Bike/Boat/Book/etc) Store
The Polish Lounge
Nail Salon
Similar For Sale Nearby
Similar Off Market Nearby
- Mill Crossing — 2100 S Gilbert Rd, Chandler, AZ 85286
- Crossroads Towne Center — 3757 S Gilbert Rd, Chandler, AZ 85286
- Crossroads Towne Center — 2630 E Germann Rd, Chandler, AZ 85286
FAQs
What type of property is this?
Shopping center - Fully leased retail center with a multi-tenant mix and a 4.87-year weighted average lease term.
Where is this shopping center located?
The property is located at 3605 S Gilbert Road Gilbert, AZ.
What is the asking price?
The asking price for this property is $3,950,000.
What are key features of this property?
This property features: 6,007 SF, fully leased multi‑tenant retail center (Rivulon Shops); Generates $219,664 NOI and is offered at $3,950,000 (5.56% cap rate); 4.87‑year weighted average lease term