Gilbert Flex Space with
925 N McQueen Rd, Gilbert, AZ
For Sale
Contact for pricing
High visibility flex space with showroom and warehouse.
Property Size3,205 SF
Lot Size0.47 Acres
Price / SF$329.36
Days on Market774
Property Features for 925 N McQueen Rd
General Information
Standard status
Size
Lot size
Property subtype
Listing Agency:
Commercial Properties Inc
(480) 966-2301
Listed By:
Eric Jones · License #SA026157000
(602) 291-9400
Source:
Moodyscre
Added: Sep 27, 2024
Changed: Aug 8
Last Checked: Aug 8 at 12:18PM
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 Commercial Properties Inc
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This flex space property, located in the Southeast Valley (Gilbert), offers high visibility and easy access. The property includes a showroom, warehouse space, and a roll-up door. The contiguous space available is up to approximately 11,738 square feet. The property size is 3,205 square feet.
Key Highlights
- High visibility flex space available
- Excellent Gilbert location in Southeast Valley
- Contiguous space up to +/- 11,738 SF
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$35,362
Cap Rate
3.35%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$707,240
$707.2K
Cap Rate 7%
$505,171
$505.2K
Cap Rate 9%
$392,911
$392.9K
Market Conditions
NOI Build-Up for 3,205 SF
Gross rent
$54.6K $17.04/SF
− Vacancy
−$4.1K −$1.28/SF
EGI
$50.5K $15.76/SF
− OpEx
−$15.2K −$4.73/SF
NOI
$35.4K $11.03/SF
Area
Gilbert, AZ
Vacancy
7.50%
Lease Rate
$17.04 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$707,240
Cap Rate 7%
$505,171
Cap Rate 9%
$392,911
Alternative Uses
Best Use
Retail
$505.2K
$442.0K – $589.4K
NOI $35,362 @ 7.0% cap · market cap 3.35%
Second Best
Flex RnD
$471.4K
$412.5K – $550.0K
NOI $32,999 @ 7.0% cap · market cap 3.13%
Theoretical Best
Office A
$841.5K
$736.3K – $981.7K
NOI $58,903 @ 7.0% cap · market cap 5.58%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
670
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Flex space in Maricopa County, AZ
Properties on Market for Flex space in Maricopa County
Vacancy Rate% for Industrial in West region
Frequently Asked Questions
What type of property is this?
Flex space - High visibility flex space with showroom and warehouse.
Where is this flex space located?
The property is located at 925 N McQueen Rd Gilbert, AZ.
What is the asking price?
The asking price for this property is $1,055,600.
What are key features of this property?
This property features: High visibility flex space available; Excellent Gilbert location in Southeast Valley; Contiguous space up to +/- 11,738 SF
