748 Gilbert Rd Gilbert, AZ 85234-4723
This exceptional 3,277 square foot grocery store building presents a rare investment opportunity in the thriving Gilbert, Arizona market. Located at 748 N Gilbert Rd, this property boasts a highly desirable drive-thru, a significant advantage for any retail operation. Situated on a one-acre parcel, the building benefits from 46 existing parking spaces, ensuring ample customer convenience. The property's strategic location offers exceptional visibility and accessibility, with convenient proximity to downtown Gilbert and exposure to a substantial daily traffic count of 25,130 vehicles along Gilbert Road. Currently zoned for commercial use, this property offers significant potential for redevelopment, catering to a wide range of retail or commercial ventures. The asking price is $2,000,000. This is a unique chance to acquire a well-positioned, established property in a rapidly growing area, offering both immediate income potential and long-term growth prospects. The property's existing infrastructure and prime location make it an attractive investment for both seasoned investors and those seeking a strong foothold in the Arizona commercial real estate market. Don't miss this opportunity to own a piece of Gilbert's vibrant commercial landscape.
-
Kung Pow Restaurant Bar & Pub
-
Kung Pow Restaurant
-
Slim Chickens Restaurant
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
C-C · Gilbert, AZCosts & 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.