High-Visibility Flex Space with
925 N McQueen Rd Gilbert, AZ 85233
For Sale
Contact for pricing
Flex space with showroom, warehouse area, and roll-up door, offered for sale with contiguous space available.
Property Size3,248 SF
Price / SF$325
Days on Market671
Property Features for 925 N McQueen Rd
General Information
Standard status
Active
Size
3,248 SF
Property subtype
INDUSTRIAL
Listing Agency:
Commercial Properties Inc
(602) 291-9400
Listed By:
Eric Jones · License #SA026157000
(602) 291-9400
Source:
Moodyscre
Added: Sep 27, 2024
Changed: Jul 27
Last Checked: Jul 28 at 4:13PM
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
Investment Insights
Based on property information with market context.
This high-visibility flex space includes a showroom area, warehouse space, and a roll-up door, providing a versatile layout for light industrial and display needs. Contiguous space is available up to approximately 11,738 square feet, allowing flexibility for expanding operations or accommodating multiple uses under one roof.
Located in the southeast valley in Gilbert, Arizona, the property is positioned for visibility and easy access.
Available as a for-sale opportunity, the asset’s core improvements support combined showroom and warehouse functionality in a flex configuration.
Located in the southeast valley in Gilbert, Arizona, the property is positioned for visibility and easy access.
Available as a for-sale opportunity, the asset’s core improvements support combined showroom and warehouse functionality in a flex configuration.
Key Highlights
- +/- 11,738 SF contiguous flex space available
- Flex space includes showroom and warehouse area
- Warehouse features a roll‑up door
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $55.3k | $17.04 |
| − Vacancy | −$4.2k | −$1.28 |
| EGI | $51.2k | $15.76 |
| − OpEx | −$15.4k | −$4.73 |
| NOI | $35.8k | $11.03 |
3,248 SF · lease $17.04/SF/yr · vacancy 7.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$511.9K
$448.0K – $597.3K
NOI $35,836 @ 7.0% cap · market cap 3.39%
Second Best
Flex RnD
$477.7K
$418.0K – $557.4K
NOI $33,441 @ 7.0% cap · market cap 3.17%
Theoretical Best
Office A
$852.8K
$746.2K – $994.9K
NOI $59,694 @ 7.0% cap · market cap 5.65%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Flex space - Flex space with showroom, warehouse area, and roll-up door, offered for sale with contiguous space available.
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: +/- 11,738 SF contiguous flex space available; Flex space includes showroom and warehouse area; Warehouse features a roll‑up door
