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    23908 Power Rd Gilbert, AZ 85298

    For Lease
    Contact for pricing

    High-demand Gilbert retail space available.

    Lot size:
    49,658 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional retail opportunity is located within the vibrant Queen Creek Marketplace, situated at 23908 S Power Rd, Gilbert, Arizona, 85298, at the cross streets of Power and Chandler Heights Roads. The property consists of one available shop space totaling one acre. The property type is retail, specifically categorized as shop space, and is suitable for multiple tenants. This prime location in Gilbert, Arizona offers excellent visibility and accessibility for businesses seeking a thriving retail environment. The property's address provides easy navigation for customers and employees alike. The precise coordinates are 33.2316052 latitude and -111.6876081 longitude. This single-acre space presents a unique opportunity for businesses looking to establish or expand their presence in a high-growth area. The strategic location within Queen Creek Marketplace ensures high foot traffic and exposure to a diverse customer base. This is an ideal space for a variety of retail uses, offering significant potential for growth and profitability. Interested parties are encouraged to inquire further to explore the possibilities this exceptional retail space offers. The property is ready for immediate occupancy. This is a rare opportunity to secure a prominent retail location in a rapidly developing area of Gilbert, Arizona.

    Property Features for 23908 Power Rd

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    49,658 SF

    Unit(s) available at that property

    Space
    Pad 2/Shops C
    Size
    49,658 SF

    HighLights

    • Land available for sale, ground lease, or build‑to‑suit opportunities.
    • Excellent co‑tenancy with Basha's, Ace Hardware, O'Reilly Auto Parts, Burger King, and other national retailers.
    • Strong demographics: Average household income exceeding $110,000 within a 3‑mile radius.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Gilbert
    County
    Maricopa
    State
    Arizona
    Longitude
    -111.6876081
    Latitude
    33.2316052

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    FAQs

    What type of property is this?
    Individual retail property - High-demand Gilbert retail space available.
    Where is this individual retail property located?
    The property is located at 23908 Power Rd Gilbert, AZ.
    What are key features of this property?
    This property features: Land available for sale, ground lease, or build-to-suit opportunities.; Excellent co-tenancy with Basha's, Ace Hardware, O'Reilly Auto Parts, Burger King, and other national retailers.; Strong demographics: Average household income exceeding $110,000 within a 3-mile radius.
    Request Owner's contact information
    23908 Power Rd Gilbert, AZ 85298
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    Gilbert, AZ 85298
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    23908 Power Rd Gilbert, AZ 85298
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