Listed by LevRose Commercial Real Estate
$11,290,000
Gilbert Sports Center
Details
APN 31401009
Property Type Retail
Sub Type Shopping Center
Square Footage 45,019
Cap Rate 7.25%
NOI $818,619
Occupancy 100%
Price per SqFt $251
Year Built 2001
Stories 1
Zoning C-G
Retail | 7.25% CAP | 45,019 SqFt
Marketing description
• Three tenant retail project totaling ±45,019 square feet
• 100% leased to recreation focused high- quality successful tenants
• Constructed in 2001 and continually updated with new HVAC units and Roof
• One half mile north of showcase Downtown Gilbert with over 30 restaurants
• Center co-tenants include Walgreens and Chase Bank
• Dense daytime employment area - Office and Retail
Investment highlights
• All Tenants have Long term Leases
• 3 Tenant Shopping Center
• Very Low Owner Expenses (<$4,000/Year)
• Very low tenant NNN Expenses, which makes Center very attractive
• Fee Simple
Listing Contacts
Listed by LevRose Commercial Real Estate
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$818,619.00
$68,218.25/mo
Valuation Metrics
0
DSCR
7.25%
Cap Rate
7.25%
ROI
Map
Zoning
GC CommercialGeneral CommercialGeneral Commercial
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View all 177 uses Last updated Jun 22, 2026 For deeper zoning details, reports are available at Zoneomics
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