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Second-Generation Restaurant Space
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720 West Ray Road, Gilbert, AZ 85233

Restaurant space available for rent at a West Ray Road address in Gilbert, Arizona.

Space Size6,780 SF
Days on Market10

Property Features for 720 West Ray Road

General Information

Standard status Active
Size 6,780 SF
Property subtype Retail, Restaurant

Additional Details

Space Use Restaurant

Building Details

Building Size 6,780 SF
Tenancy Single

Spaces For Lease

at 720 West Ray Road Contact us

Space 1

Size
6,780 SF
Type
Restaurant, Retail
Availability
Active
Contact us
Listing Agency: Diversified Partners
Listed By: Alexa Nunns · License #SA719316000
Source: Crexi
Added: Jul 31 Changed: Aug 8 Last Checked: Aug 6 at 5:54AM

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.

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

Current Use

One Touch Flooring General Contractor Perch Brewing Co. Production Facility Philadelphia sandwich company Take-out & Catering

Suggested Use

Top Pick Restaurant Building Supply Real Estate Agency Big Box & Wholesale Store Dental Office Auto Repair Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

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

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

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
Rey
Questions? Ask Rey
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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 West Ray Road 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
(602) 621-1529 Call to check price and availability
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