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Property profile & analytics
FOR LEASE
Retail space

660 N Gilbert Rd Gilbert, AZ 85234

6,400 SF 1.01 ac lot Built 1985
Entity Owned ~ Est. High Equity
Property ID
US07-1842866
Property summary
AI-generated overview

This freestanding commercial building in Gilbert, Arizona, presents a unique opportunity for sale or lease. Ideally situated on Gilbert Road, the property benefits from exceptional demographics, boasting a dense population of approximately 365,988 people within a 5-mile radius and a substantial daytime employee population exceeding 356,000 within the same area. This translates to a robust customer base for any retail or office tenant. Furthermore, the property enjoys strong household incomes, with an average exceeding $135,000 within a 1-mile radius, indicating high purchasing power and potential for strong returns. Its strategic location offers convenient access to major transportation arteries, being approximately 11.5 miles from the I-10 Freeway, a thoroughfare with an estimated 232,508 vehicles passing daily. The building's single-tenancy configuration provides flexibility and control for the owner or tenant. This property is classified as both retail and traditional office space, making it suitable for a variety of uses. The property is located in Maricopa County. This presents a compelling investment opportunity in a thriving market with significant growth potential. Serious inquiries are encouraged.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1985
Construction CONCRETE
Total area 6,400 SF
Lot 1.01 ac (43,820 SF)
Zoning code C-C
APN 302-14-904
UPID US07-1842866
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
  • Ruskin R Lines, III, MD Physician Medical Clinic
  • Ruskin Lines Physician Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.75M
Blend (final) Blend
$2.46M
Owner & transaction history
Bula Enterprises USA INC
Bula Enterprises USA INC
since 2026
Last sale
$3.3M
4 recorded transactions
2026
$3.3M
2009
$925,000
2008
Price N/A
1969
Price N/A
Zoning & alternative use
C-C · Gilbert, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant $3.5M +49.6%
Auto repair, garage $2.8M +20.9%
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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