Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    Nec Val Vis Dr & Pecos Rd Gilbert, AZ 85295

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    7,000 SF Retail Space Available

    Lot size:
    7,000 SF

    Property Features for 0 Nec Val Vis Dr & Pecos Rd

    General Information

    Property type
    Neighborhood centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    7,000 SF

    Spaces For Lease

    at 0 Nec Val Vis Dr & Pecos Rd, Gilbert, AZ 85295 Contact us

    We can help!

    Listing Contact
    Zachary Pace
    Zachary Pace

    Listing Agency: Phoenix Commercial Advisors Listing Agent: Zachary Pace

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    This exceptional retail opportunity is located at the northeast corner of Val Vista Drive and Pecos Road in Gilbert, Arizona, within Maricopa County (zip code 85295). The property is a 7,000 square foot retail center offering multiple tenancy options, currently configured as an outparcel/pad and strip center. Two spaces are immediately available, each ranging from 1,800 to 2,040 contiguous square feet. A total of 3,840 square feet of vacant space is ready for immediate occupancy. The minimum divisible space is 1,800 square feet, providing flexibility for various business needs. This high-traffic location benefits from excellent visibility and accessibility, making it an ideal space for a variety of retail uses. The property's prime location at a major intersection ensures high foot traffic and visibility, attracting a large customer base. Contact us today to discuss pricing and lease terms for this exceptional retail space in the thriving Gilbert market. The property is situated at 33.2955708 latitude and -111.7556641 longitude.
    Property Profile Location Intelligence

    Current Use by Public Records

    Neighborhood centers

    Map

    City
    Gilbert
    County
    Maricopa
    State
    Arizona
    Longitude
    -111.7556641
    Latitude
    33.2955708

    Nearby Similar for Lease

    • Sponsored
      Contact for pricing

      AZ, Gilbert - W Elliot Rd

      Discover many ways to work your way in Downtown
      890 Elliot Rd, Gilbert, AZ 85233
      View Details
    • $30 SF/Yr

      Gilbert Retail Space For Lease

      Retail space in a multi-tenant strip center in Gilbert, AZ.
      3107 S Lindsay Rd, Gilbert, AZ 85295
      View Details
    • Contact for pricing

      Retail Space on Ray Road

      End-cap retail space available in Gilbert, Arizona.
      1663 E Ray Rd, Gilbert, AZ 85295
      View Details
    • $30 SF/Yr
      4,024 SF

      Medical Office Space in Gilbert

      Professional medical office condo with excellent visibility and convenient access.
      1425 S Higley Rd, Gilbert, AZ 85296
      View Details
    • $26 SF/Yr

      Class A Gilbert Business Park

      Class A office complex in high-growth Gilbert, close to US-60.
      963 N Gilbert Rd, Gilbert, AZ 85234
      View Details
    • $26 SF/Yr
      7,076 SF

      Professional Office Suite in Gilbert

      1,585 SF office suite in a premier Gilbert business park.
      633 E Ray Rd, Gilbert, AZ 85296
      View Details
    • Contact for pricing
      1,200 SF

      Retail Space Near Banner Hospital

      Retail space near Loop 202 and Banner Gateway Hospital.
      5137 E Baseline Rd, Gilbert, AZ 85234
      View Details
    • Contact for pricing

      Commercial Space for Rent

      Commercial property available for rent in Gilbert, Arizona.
      430 East Germann Rd, Gilbert, AZ 85297
      View Details
    • $1.50 SF/Yr

      New Industrial Building For Lease

      New industrial building under construction, available for lease in Gilbert.
      350 S Hamilton Ct, Gilbert, AZ 85233
      View Details
    • $1.25 SF/Yr

      Industrial Suites For Lease

      Professional industrial suites available for lease with easy highway access.
      1730 W Sunrise Blvd, Gilbert, AZ 85233
      View Details
    • $12 SF/Yr

      Mixed-Use Property in Gilbert, AZ

      Mixed-use property with office and retail spaces in Gilbert, AZ.
      1111 N Gilbert Rd, Gilbert, AZ 85234
      View Details
    • Contact for pricing

      Gilbert Retail Space For Lease

      Retail space in a busy Gilbert shopping center.
      211-263 East Warner Rd, Gilbert, AZ 85296
      View Details

    FAQs

    What type of property is this?
    Neighborhood center - 7,000 SF Retail Space Available
    Where is this neighborhood center located?
    The property is located at Nec Val Vis Dr & Pecos Rd Gilbert, AZ.
    What are key features of this property?
    This property features: 7,000 SF retail center with 3,840 SF of immediately available space, divisible to 1,800 SF minimum.; Located at the hard corner of Val Vista Drive and Pecos Road in Gilbert, AZ (85295), offering excellent visibility and accessibility.; Median household income exceeds $100,000 within a 3-mile radius.
    (602) 734-7212 Call to check price and availability
    Request Owner's contact information
    Nec Val Vis Dr & Pecos Rd Gilbert, AZ 85295
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Nec Val Vis Dr & Pecos Rd
    Gilbert, AZ 85295
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Nec Val Vis Dr & Pecos Rd Gilbert, AZ 85295
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Zachary Pace
    Zachary Pace
    Real Estate License ID: SA508018000
    (602) 734-7212 (602) 920-9212 (602) 735-5555
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!