884 Warner Rd, Gilbert, AZ 85233-7264
- Strip malls
- 14,687 SF
- 0.69 lot acres
Current Use by Public Records
- YANAGI SUSHI / Restaurant
- Supercuts Training Studio Phoenix / Vocational School / Training Center
- Jeff Speakman Kenpo 5.0 Martial Arts / Training Center / Sports School
- Stradling's Cabinets & Remodeling / Hardware & Home Improvement / Kitchen & Bath Showroom
- Elan Nails & Spa / Nail Salon
Property Details for 884 Warner Rd
- Year built
- 1998
- Construction
- CONCRETE
- Lot size
- 0.69 lot acres
- Zone code
- CC
- Property type
- Strip malls
- Property subtype
- Shopping centers
- APN
- 302-96-942
- APU
- 30296942
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Jul 20, 2020 | $5,000,000 | Gustavo Properties LLC | B33 Bayshore Plaza LLC | Special Warranty Deed | $2.6M · Solera National Bank |
| Jan 22, 2018 | $4,305,000 | B33 Bayshore Plaza LLC | Geccmc 2004-c2 Retail 694 | Grant Deed | — |
| Sep 5, 2013 | $2,475,000 | Geccmc 2004-c2 Retail 694 LLC | Maskovich Jacob A | Trustees Deed | — |
| Oct 25, 2012 | — | Davies Ents LLC | — | Deed Of Trust · related | $1.4M · Davies Doris & Joseph Tr (pt) |
| Mar 31, 2005 | $7,400,000 | Davies Ents LLC | Lw2 LLC | Grant Deed | — |
| Apr 30, 2003 | $5,187,000 | Mission Center Road LLC | Bayshore Plaza Investors LLC | Grant Deed | — |
| Dec 4, 2001 | — | Bayshore Plaza Investors LLC | Vestar Arizona Xxiii LLC | Quit Claim Deed · related | $3.2M · Pacific Crest Bank |
Description
Bayshore Plaza, located at 884 W Warner Rd in Gilbert, Arizona (zip code 85233), offers exceptional retail and restaurant space for lease. This strip center comprises a total of 14,400 square feet, situated on a generous 29,867 square foot lot in the Gilbert Ret submarket of Maricopa County. The property currently features two suites, with a total of 2,495 square feet currently vacant. Individual suite sizes range from a minimum of 1,200 square feet to a maximum contiguous space of 1,295 square feet, providing flexibility for various business needs. The property's prime location in Gilbert offers excellent visibility and accessibility, making it an ideal opportunity for businesses seeking a thriving retail environment. This is a multi-tenant property, presenting a chance to establish a presence in a well-maintained and established center. The property's address is easily accessible from major roadways, ensuring high traffic flow and convenient access for customers. Interested parties are encouraged to inquire about lease terms and availability. The property is categorized as a retail and restaurant space.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $4,105,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $3,330,000
- 6.5%
- $3,075,000
- 7%
- $2,855,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $3,254,000
- AI Estimate
- $3,254,000
Market price range: $3.25M - $8.25MMarket price range: $3.25M - $8.25M -
Alternative Use
- Use
- Estimation
- NEIGHBORHOOD: SHOPPING CENTER
- $5,345,000 Current use
- AUTO REPAIR, GARAGE
- $6,520,000 Change: +22% Conversion: Difficult
- RETAIL STORES
- $5,390,000 Change: +1% Conversion: Easy
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Gilbert
- County
- Maricopa
- State
- Arizona
- Longitude
- -111.809
- Latitude
- 33.336
- CBSA code
- 38060
- CBSA name
- PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA