Property profile

75 W Baseline Rd Gilbert, AZ 85233

FOR LEASE
Warehouses
Property ID
US07-2337736
3,820 SF 8.72 ac lot Built 1986
Entity Owned 4-yr Hold ~ Est. High Equity
Saved · see the list in your Dashboard

Property summary

AI-generated overview

Fiesta Center, located at 75 W Baseline Rd, Gilbert, AZ 85233, presents a unique opportunity for businesses seeking flexible office and warehouse space. This Maricopa County property, situated in the Chandler N Gilbert Ind submarket, offers a total of 41,336 square feet of space, with a variety of configurations available for lease. The building, constructed in 1985, features high ceilings at 16 feet, ideal for various industrial and office uses. Multiple tenants are currently occupying the building, creating a vibrant and collaborative environment. Currently, there are 16,312 square feet of vacant space available, divisible into units as small as 1,932 square feet, with a maximum contiguous space of 3,960 square feet. The property is zoned for Light Industrial use, making it suitable for a wide range of businesses. The building's location in Gilbert provides easy access to major transportation routes and amenities. This property is perfect for companies needing a combination of office and warehouse space, offering a blend of functionality and convenience. The available space allows for customization to meet specific business needs, making Fiesta Center an attractive option for businesses of all sizes seeking a prime location in a thriving Arizona market. Inquire today to learn more about leasing opportunities.

Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1986
Construction CONCRETE
Total area 3,820 SF
Lot 8.72 ac (380,018 SF)
Zoning code GI
APN 302-10-010J
UPID US07-2337736

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Industrial Manufacturer Production Facility
  • Plumbing Service General Contractor
  • General Contractor
  • Industrial Manufacturer Production Facility
  • Industrial Manufacturer Production Facility

Location

75 W Baseline Rd Gilbert, AZ 85233
Gilbert metro Census 422307 PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

Owner & transaction history

since 2021
Last sale
$19.2M
4 recorded transactions
2021
$19.2M
2017
Price N/A
2014
$8.4M
1969
Price N/A

Zoning & alternative use

GI · Gilbert, AZ
Zoning description

The GI zoning district represents the most intensive employment area in Gilbert. Indoor and outdoor office, warehousing, fabrication and manufacturing all occur within these areas. Trucking and hauling often are associat…

General category INDUSTRIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message