313 N Gilbert Rd
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313 N Gilbert Rd
15,000 SF 4-Star Retail Building Gilbert, AZ 85234 £7,307,592 (£487/SF)
Investment Highlights
- Location: Situated in downtown Gilbert, a rapidly growing urban center known for its mix of retail, office, and dining options.
- Tenant Mix: The building is 100% leased, with four stable tenants, including Prep & Pastry and Thrive Coworking for Women.
- Parking: Multiple public parking options, including nearby garages and surface lots, enhance accessibility for customers and tenants alike.
- Modern Construction: Built in 2017 with a reinforced concrete frame and brick exterior, ensuring long-term durability and reduced maintenance costs
- Zoning: HVC (Heritage Village Center), allowing for a wide variety of commercial uses.
- High Foot Traffic: Being part of downtown Gilbert, the property benefits from significant pedestrian traffic, particularly from the nearby restaurants
Executive Summary
313 North Gilbert Road, located in the heart of Gilbert’s highly sought-after Heritage District, is a three-story, mixed-use property combining 14,181 net rentable square feet of retail and office space.
Constructed in 2017, the property boasts modern amenities and a dynamic tenant mix, including the thriving Thrive Coworking for Women and Prep & Pastry, a full-service restaurant known for drawing significant foot traffic to the area.
With its strategic position in one of the fastest-growing regions of Arizona, this property presents an outstanding investment opportunity with substantial potential for long-term appreciation and consistent rental income.
• Net Rentable Area: 14,181 sq. ft.
• Year Built: 2017
• Occupancy: 100%
• Price Per Square Foot: $652/NRSF
The building’s 4th floor is home to the Sotol Lounge and
Rooftop Bar, offering a unique rooftop experience.
This feature adds to the building’s appeal, making it an ideal
location for social gatherings and events. The name ‘Sotol’
is displayed prominently on the building, further enhancing
its visibility and recognition.
• Ground Floor: Prep and Pastry
• 2nd Floor: Executive Offices
• 3rd Floor: Thrive for Women
• 3rd floor rooftop lounge: This exclusive rooftop bar
and lounge, known as Sotol, is located on the 3rd
floor offering premium views of the downtown strip
and should be specifically noted in the property
appraisal for its added value.
Constructed in 2017, the property boasts modern amenities and a dynamic tenant mix, including the thriving Thrive Coworking for Women and Prep & Pastry, a full-service restaurant known for drawing significant foot traffic to the area.
With its strategic position in one of the fastest-growing regions of Arizona, this property presents an outstanding investment opportunity with substantial potential for long-term appreciation and consistent rental income.
• Net Rentable Area: 14,181 sq. ft.
• Year Built: 2017
• Occupancy: 100%
• Price Per Square Foot: $652/NRSF
The building’s 4th floor is home to the Sotol Lounge and
Rooftop Bar, offering a unique rooftop experience.
This feature adds to the building’s appeal, making it an ideal
location for social gatherings and events. The name ‘Sotol’
is displayed prominently on the building, further enhancing
its visibility and recognition.
• Ground Floor: Prep and Pastry
• 2nd Floor: Executive Offices
• 3rd Floor: Thrive for Women
• 3rd floor rooftop lounge: This exclusive rooftop bar
and lounge, known as Sotol, is located on the 3rd
floor offering premium views of the downtown strip
and should be specifically noted in the property
appraisal for its added value.
Taxes & Operating Expenses (Actual - 2024) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
Taxes & Operating Expenses (Actual - 2024) Click Here to Access
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Owner User
Property Type
Retail
Property Subtype
Building Size
15,000 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
2017
Price
£7,307,592
Price Per SF
£487
Tenancy
Multiple
Number of Floors
3
Building FAR
1.72
Land Acres
0.20 AC
Zoning
HVC - commercial retail office
Amenities
- Courtyard
- Restaurant
- Signage
- Accent Lighting
- Roof Terrace
- Air Conditioning
- Balcony
Walk Score ®
Very Walkable (88)
PROPERTY TAXES
| Parcel Number | 304-11-040 | Improvements Assessment | £0 (2025) |
| Land Assessment | £0 (2025) | Total Assessment | £318,876 (2025) |
PROPERTY TAXES
Parcel Number
304-11-040
Land Assessment
£0 (2025)
Improvements Assessment
£0 (2025)
Total Assessment
£318,876 (2025)
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Danny Perkinson -
Perkinson Properties
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313 N Gilbert Rd
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