0 Nec Higley Rd & Warner Rd Gilbert, AZ 85296
This exceptional retail opportunity is located within the thriving Morrison Ranch master-planned community in Gilbert, Arizona, one of the fastest-growing cities in the US. The property, Parkview at Morrison Ranch, comprises six buildings totaling 56,325 square feet, built in 2024, and situated on 15 acres (APN: 304-19-009S). The development features a fitness center anchor and offers multiple spaces available for lease, ranging from a minimum of 950 square feet to a maximum contiguous space of 40,450 square feet. Currently, 56,325 square feet are vacant, providing significant potential for various retail uses, including fitness, shops, and quick-serve restaurants. Morrison Ranch is a vibrant mixed-use community designed to provide a high-quality lifestyle, with a diverse range of residential options and a comprehensive network of open spaces and walking trails. Its location at the intersection of Higley Road and Warner Road in Gilbert, AZ 85296, provides excellent visibility and accessibility. The community boasts a strong economy, exceptional schools, and a blend of small-town charm and modern amenities, making it an attractive location for businesses and residents alike. This presents a unique opportunity to establish a presence in a rapidly growing and affluent area. The property's modern construction and ample space offer significant flexibility for a variety of retail concepts.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
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