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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

1663 Ray Rd Gilbert, AZ 85295

24,624 SF
Property ID
Property summary
AI-generated overview

Rodeo Park Plaza, located at 1663 E Ray Rd in Gilbert, Arizona (zip code 85295), presents a prime retail opportunity within a vibrant strip center. This Maricopa County property offers multiple tenancy options within a total building area of 24,624 square feet. Currently, two spaces are available, ranging in size from 1,060 to 2,984 contiguous square feet, providing flexibility for various retail businesses. The expansive lot size of 111,359 square feet ensures ample parking and visibility for tenants. The property's strategic location off Ray Road in Gilbert offers excellent access and exposure to a high-traffic area. This is an exceptional chance to establish or expand a retail presence in a thriving community. The property is classified as a storefront retail space and is ideal for businesses seeking a high-visibility location with convenient access for customers. The available spaces provide a range of sizes to accommodate different business needs, making it a versatile option for prospective tenants. The large lot size contributes to the property's overall appeal, offering ample parking and potential for future expansion or development. This is a rare opportunity to secure retail space in a desirable Gilbert location.

Property profile
Verified
Property type Retail properties & Spaces
Total area 24,624 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • NControl Driving School Training Center Vocational School
  • Meridian Cleaners & Laundry (Bike/Boat/Book/etc) Store
  • Cornerstone Animal Hospital Veterinary Clinic
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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