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Second-Generation Restaurant Building
For Sale
$2,800,000

920 S GILBERT Road, Gilbert, AZ 85296

Restaurant property built in 2002 near Gilbert Town Square and the Gilbert Civic Center.

Property Size4,022 SF
Days on Market9

Property Features for 920 S GILBERT Road

General Information

Standard status Active
Size 4,022 SF
Property subtype COMMERCIAL

Taxes and HOA fees

Annual Taxes $16,328

Building Details

Building Size 4,022 SF
Year Built 2002
Listing Agency: R.O.I. Properties
Listed By: Beth Jo Zeitzer · License #BR044331000
Source: Jcluxuryresidential
Added: Aug 20 Changed: Aug 28 Last Checked: Aug 28 at 4:30AM

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

Investment Insights

Based on property information with market context.

This conventional restaurant property at 920 S Gilbert Road is a second-generation restaurant building constructed in 2002. The building previously operated as an IHOP, providing an established restaurant-use setting for an operator evaluating the site.

The property is situated near Gilbert Town Square, the Gilbert Civic Center, local schools, and Class A multifamily communities. Surrounding development includes retail, office, residential, and civic uses, placing the restaurant within a varied commercial and community environment.

Key Highlights

  • Second‑generation restaurant building constructed in 2002
  • Former IHOP location at 920 S Gilbert Road, Gilbert, AZ 85296
  • Near Gilbert Town Square and the Gilbert Civic Center

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Real Estate Agency Restaurant Building Supply Law Firm Big Box & Wholesale Store 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.

Location Intelligence

Trade Area within ½ mile

603
Businesses Nearby
156k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 40% Shops & Services 28% Home Improvements & Furnishings 20% Leisure 8%
QuikTrip Shops & Services
33,177 visits/mo 0.3 miles
Lowe's Home Improvements & Furnishings
31,345 visits/mo 0.3 miles
Buffalo Wild Wings Dining
16,340 visits/mo 0.1 miles
Regal Cinemas Gilbert 14 Leisure
12,656 visits/mo 0.4 miles
Panda Express Dining
7,613 visits/mo 0.2 miles

Demographics for 85296, AZ

50,418
Population
18,065
Households
2.8
Avg Household Size
34
Median Age
49%
College-Educated
96%
High-School Grad
11.7 sq mi
ZIP Area
4,309
Density / Sq Mi
$117,120
Median Household Income
$61,282
Median Earnings
$2,141
Median Rent
$496,200
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 property built in 2002 near Gilbert Town Square and the Gilbert Civic Center.
Where is this conventional restaurant located?
The property is located at 920 S GILBERT Road Gilbert, AZ.
What is the asking price?
The asking price for this property is $2,800,000.
What are key features of this property?
This property features: Second‑generation restaurant building constructed in 2002; Former IHOP location at 920 S Gilbert Road, Gilbert, AZ 85296; Near Gilbert Town Square and the Gilbert Civic Center
More about this property
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