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    Industrial Flex Property in Gilbert Title is generated by Realmo AI

    701 N Golden Key St, Gilbert, AZ

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    17,535 SF industrial flex property with convenient access to US-60.

    Type:INDUSTRIAL
    Property size:
    17,535 SF
    Lot size:
    1.20 Acres
    Price / SF:
    $195/SF
    Added:
    Jul 30, 2025
    Days on Market:
    317
    Last Refresh:
    May 20 at 9:19 pm

    Property Features for 701 N Golden Key St

    General Information

    Standard status
    Active
    Size
    17,535 SF
    Lot size
    1.20 Acres
    Property subtype
    INDUSTRIAL

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    Listing Contact
    Beth Jo Zeitzer
    Beth Jo Zeitzer

    Listing agent Beth Jo Zeitzer License #SA697209000

    Listing office R.O.I. Properties

    Listing date Jul 30, 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 R.O.I. Properties

    HighLights

    • Convenient access to major transportation corridors and US‑60.
    • 100% HVAC coverage throughout the building.
    • Ample power capacity suitable for various industrial uses.
    • Light Industrial zoning provides flexibility for industrial uses.
    • Modern construction, rebuilt in 2009.
    • ±3,513 SF of well‑appointed office space (approximately 20% of the building).

    Overview

    This industrial flex property offers approximately 17,535 square feet of space on a 1.19-acre parcel. The property is zoned Light Industrial by the City of Gilbert, providing flexibility for various industrial uses. Located just south of Guadalupe Road, between Cooper and Gilbert Roads, it offers convenient access to major transportation corridors and is only minutes from US-60. Originally rebuilt in 2009, the property features modern construction throughout. It includes 100% HVAC coverage, abundant power capacity, and clear heights ranging from 10 to 12 feet. Approximately 20% of the building, or about 3,513 square feet, is dedicated to well-appointed office space, creating a functional environment for business operations. The property also features a secure and paved yard.

    Local Financial Insights For Flex RnD

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $315.6k $18.00
    − Vacancy −$37.9k −$2.16
    EGI $277.8k $15.84
    − OpEx −$97.2k −$5.54
    NOI $180.5k $10.30
    17,535 SF · lease $18.00/SF/yr · vacancy 12.00% · expense 35.00%

    Alternative Uses

    Best Use
    Flex RnD
    $2.58M
    $2.26M – $3.01M (±1% cap)
    NOI $180,540 @ 7.0% cap · market cap 5.28%
    Second Best
    Industrial
    $1.81M
    $1.59M – $2.11M (±1% cap)
    NOI $126,872 @ 7.0% cap · market cap 3.71%
    Theoretical Best
    Office A
    $4.60M
    $4.03M – $5.37M (±1% cap)
    NOI $322,269 @ 7.0% cap · market cap 9.42%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    DigMyPics Photography Service

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Gilbert
    County
    Maricopa
    State
    Arizona
    Longitude
    -111.801
    Latitude
    33.3613

    FAQs

    What type of property is this?
    Flex space - 17,535 SF industrial flex property with convenient access to US-60.
    Where is this flex space located?
    The property is located at 701 N Golden Key St Gilbert, AZ.
    What is the asking price?
    The asking price for this property is $3,419,325.
    What are key features of this property?
    This property features: Convenient access to major transportation corridors and US‑60.; 100% HVAC coverage throughout the building.; Ample power capacity suitable for various industrial uses.
    (602) 319-1326 Call to check price and availability
    More about this property
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