525 Gilbert Rd Mesa, AZ 85204-2930
Gilbert Plaza2, located at 525 S Gilbert Rd in Mesa, Arizona (zip code 85204), presents a compelling retail investment opportunity. This shopping complex, built in 1987 and extensively renovated in 2024, comprises two single-story buildings totaling 20,500 square feet. The property currently offers two vacant retail spaces, ideal for a variety of businesses. One space measures 1,200 square feet, while the other is 1,600 square feet (formerly a massage center). These spaces can be combined to create a contiguous area of 2,800 square feet, providing flexibility for larger tenants. The minimum divisible space is 1,200 square feet, making it suitable for smaller businesses as well. The complex features a total of 11 suites, indicating a thriving retail environment. Situated in Maricopa County, this property benefits from excellent visibility and accessibility due to its location at the intersection of Broadway and Gilbert Road in Mesa. The property's recent renovation ensures modern amenities and a well-maintained appearance, attracting both tenants and customers. This is an exceptional opportunity to acquire a well-located, updated retail property in a growing market.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
LC · Mesa, AZMesa. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.