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Second-Generation Restaurant Building
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920 S Gilbert Road, Gilbert, AZ 85296

Second-generation restaurant building on a signalized hard corner with prominent frontage along Gilbert Road.

Space SizeContact for details
Property Size4,022 SF
Days on Market42

Property Features for 920 S Gilbert Road

General Information

Standard status Active
Size 4,022 SF
Zoning C-2
Lease Type /mo

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: Aznewhorizonrealty
Added: Jun 29 Changed: Aug 8 Last Checked: Aug 8 at 12:40PM

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 second-generation restaurant building was constructed in 2002 and is currently available for lease. The property was previously an IHOP and offers a restaurant-focused setup within a dedicated, stand-alone building configuration.

The site is located at 920 S Gilbert Road in Gilbert and sits on a signalized hard corner. It provides prominent frontage and visibility along Gilbert Road, with access positioned for convenient customer approach.

As a purpose-built restaurant asset, the improvements and layout are aligned with food service use and may support a range of restaurant concepts seeking an established site.

Key Highlights

  • Second‑generation restaurant building built in 2002 (former IHOP)
  • Located on a signalized hard corner with prominent frontage along Gilbert Road
  • Hard‑corner site provides strong exposure and accessibility on Gilbert Road

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.

Lease Details

NNN (Triple Net)
Lease Type

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
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Second-generation restaurant building on a signalized hard corner with prominent frontage along Gilbert Road.
Where is this conventional restaurant located?
The property is located at 920 S Gilbert Road Gilbert, AZ.
What are key features of this property?
This property features: Second‑generation restaurant building built in 2002 (former IHOP); Located on a signalized hard corner with prominent frontage along Gilbert Road; Hard‑corner site provides strong exposure and accessibility on Gilbert Road
More about this property
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