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Fully Leased Multi-Tenant Retail Center

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.

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

Suggested Use

Big Box & Wholesale Store Hotel & Motel Grocery & Convenience Store (Bike/Boat/Book/etc) Store Storage Facility (Bike/Boat/Book/etc) Store Discount Store Grocery & Convenience Store HVAC Service Garden Center

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

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
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