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    Swc Of Ray Rd And Higley Rd Gilbert, AZ 85236

    For Lease
    Contact for pricing

    39,000 SF Retail Space, 1.1 Acres

    Lot size:
    39,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 39,000 square foot retail property presents a unique investment opportunity in the thriving town of Gilbert, Arizona. Situated on a 1.1-acre lot at the southwest corner of Ray Road and Higley Road, this single-tenant building offers unparalleled visibility and accessibility. The property is currently vacant, providing a blank canvas for a discerning tenant to create a flagship location. The zoning designation is SC (Shopping Center), allowing for a wide range of retail uses. The building's substantial size offers ample space for a large-format retailer or the potential for division into smaller units. The property's strategic location benefits from high traffic counts and proximity to major residential areas, ensuring a robust customer base. With its prominent corner location and significant square footage, this property represents a rare opportunity to establish a strong presence in one of Arizona's fastest-growing communities. The Maricopa County location, with APN 304-40-910, provides further assurance of the property's legitimacy and ease of due diligence. This is a truly exceptional opportunity for a business seeking a high-impact location in a dynamic market. The property is available for lease.

    Property Features for 0 Swc Of Ray Rd And Higley Rd

    General Information

    Property type
    Land
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    39,000 SF

    Unit(s) available at that property

    Space
    Available Space
    Size
    39,000 SF

    HighLights

    • 39,000 SF retail building on a 1.1‑acre lot in Gilbert, AZ.
    • Master site plan approval streamlines tenant entitlement process.
    • Located within 3 miles of Phoenix‑Mesa Gateway Airport and ASU Polytechnic Campus.
    • Surrounded by over 270 luxury apartments and townhomes with retail amenities.
    • Situated in the award‑winning Agritopia master‑planned community, near Gilbert, AZ, named Best City for Business in Arizona in 2019.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Gilbert
    County
    Maricopa
    State
    Arizona
    Longitude
    -111.709554
    Latitude
    33.321555

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    FAQs

    What type of property is this?
    Land - 39,000 SF Retail Space, 1.1 Acres
    Where is this land located?
    The property is located at Swc Of Ray Rd And Higley Rd Gilbert, AZ.
    What are key features of this property?
    This property features: 39,000 SF retail building on a 1.1-acre lot in Gilbert, AZ.; Master site plan approval streamlines tenant entitlement process.; Located within 3 miles of Phoenix-Mesa Gateway Airport and ASU Polytechnic Campus.
    Request Owner's contact information
    Swc Of Ray Rd And Higley Rd Gilbert, AZ 85236
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    Gilbert, AZ 85236
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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
    Swc Of Ray Rd And Higley Rd Gilbert, AZ 85236
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