Second-Generation Restaurant
For Lease
Contact for pricing
720 W Ray Rd, Gilbert, AZ 85233
Restaurant space available for rent at a West Ray Road address in Gilbert, Arizona.
Space Size6,780 SF
Days on Market80
Property Features for 720 W Ray Rd
General Information
Standard status
Active
Size
6,780 SF
Property subtype
RETAIL
Additional Details
Space Use
Restaurant
Spaces For Lease
at 720 W Ray Rd
720 W Ray Rd
AVAILABLE, Now
Floor
Bldg
Size
6,780 SF
Type
RETAIL
Rate
Contact for pricing
Sublease
No
- ±6,780 SF freestanding second-generation restaurant/
brewery opportunity with patio!
- Current tenant Perch Brewing Co. (Do Not Disturb)
- Existing brewing equipment available for purchase
($200,000), offering significant value for brewery or
restaurant operators
- Located in the heart of Gilbert, one of Arizona’s fastestgrowing communities, with a current population exceeding 289,000 and projected to surpass 330,000 at buildout by 2030
- Outstanding visibility, frontage, and monument signage
along Ray Road with traffic counts exceeding 22,000 VPD
- Less than 3 miles from Loop 202 and approximately 4
miles from US-60
- Positioned among strong national and regional retailers
including Goodyear Auto Service, Grease Monkey,
MidFirst Bank, EoS Fitness, and more
Contact us
Listing Agency:
Diversified Partners LLC
(480) 947-8800
Listed By:
Alexa Nunns · License #SA719316000
(602) 291-8448
Source:
Moodyscre
Added: Aug 3
Changed: Oct 12
Last Checked: Oct 20 at 6:15PM
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 LLC
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Investment Insights
Based on property information with market context.
This restaurant property is available for rent as a second-generation commercial space. The offering is identified as a restaurant opportunity at 720 West Ray Road in Gilbert, Arizona 85233.
Key Highlights
- Second‑generation restaurant space
- Located at 720 West Ray Road, Gilbert, AZ 85233
- Available for rent
Property Analytics
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Open Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
436
Businesses Nearby
33k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 70%
Shops & Services 30%
Venezia's Pizzeria
Dining
10,874 visits/mo
0.1 miles
Jack in the Box
Dining
10,863 visits/mo
0.1 miles
Chevron
Shops & Services
7,097 visits/mo
0.1 miles
PostNet
Shops & Services
1,528 visits/mo
0.2 miles
Hungry Howie's Pizza
Dining
1,470 visits/mo
0.2 miles
Demographics for 85233, AZ
39,006
Population
15,080
Households
2.6
Avg Household Size
37
Median Age
43%
College-Educated
95%
High-School Grad
9.6 sq mi
ZIP Area
4,063
Density / Sq Mi
$105,154
Median Household Income
$55,132
Median Earnings
$1,895
Median Rent
$468,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in West region
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Restaurant space available for rent at a West Ray Road address in Gilbert, Arizona.
Where is this conventional restaurant located?
The property is located at 720 W Ray Rd Gilbert, AZ.
What are key features of this property?
This property features: Second‑generation restaurant space; Located at 720 West Ray Road, Gilbert, AZ 85233; Available for rent
