2345 Queen Creek Rd Gilbert, AZ 85298
- Restaurants
- 5,000 SF
- 1.25 lot acres
Current Use by Public Records
- Restaurants
Property Details for 2345 Queen Creek Rd
- Lot size
- 1.25 lot acres
- Property size
- 5,000 SF
- Property type
- Restaurants
Description
This exceptional 5,000-square-foot restaurant space is available for lease in Gilbert, Arizona. Located at 2345 E Queen Creek Rd, this single-tenant building sits on a 1.25-acre lot and boasts a prime location with high visibility on a signalized hard corner experiencing 37,530 cars per day. The property includes a 1,000-square-foot covered patio, perfect for outdoor dining. With 52 total parking spaces, ample parking is ensured for patrons. The building features 3-phase power and is zoned CC. This location benefits from a strong demographic profile, including an average household income of $177,893 within a 3-mile radius, a median age of 32.5 within a 1-mile radius, and an estimated population of 99,560 within a 3-mile radius. The average home value within a 1-mile radius is $985,155, indicating a high-spending demographic. The area's restaurant sales within a 3-mile radius total $183,763,463, suggesting a robust market. Furthermore, the property is situated near key attractions such as Gilbert Regional Park and Cactus Surf Park, and is conveniently located 0.5 miles south of regional soccer fields and within 1 mile of four schools. This presents a unique build-to-suite opportunity in an underserved market with excellent visibility and strong surrounding demographics. Annual property taxes are $2.50 per square foot.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Gilbert
- County
- Maricopa
- State
- Arizona
- Longitude
- -111.738
- Latitude
- 33.2631
