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New What A Burger Under Construction Gilbert Rd

61,637 SF Retail Building Gilbert, AZ 85296 £2,191,666 (£36/SF) 4.50% Net Initial Yield

Investment Highlights

  • New 15-year NNN Lease; No LL Responsibility
  • Anchored by Planet Fitness
  • Whataburger Corporate Guaranty
  • Highly trafficked area, situated next to Town of Gilbert's municipal complex

Executive Summary

Remington Nevada is pleased to present a brand new 15-year Whataburger Ground Lease NNN Investment to market. This Ground lease is situated in Gilbert Warner, a 95,000 SF shopping center anchored by Planet Fitness Gym. The project is adjacent to the Town of Gilbert’s City Hall, as well as dense residences and retailers. Notable nearby retailer’s include Lowe’s, LifeTime Fitness, and Bank of America

Attachments

SALE BROCHURE_905 S Gilbert Rd_REMINGTON_FINAL_11-8-24
wat-21134-newbuildingretouching-10-rgb

Property Facts

Sale Type
Investment NNN
Sale Conditions
1031 Exchange
Property Type
Retail
Property Subtype
Freestanding
Building Size
61,637 SF
Building Class
B
Year Built
2025
Construction Status
Proposed
Price
£2,191,666
Price Per SF
£36
Net Initial Yield
4.50%
NOI
£98,625
Tenancy
Single
Number of Floors
1
Building FAR
0.99
Land Acres
1.42 AC
Zoning
RC - Retail Center
Parking
54 Spaces (0.88 Spaces per 1,000 SF Leased)
Frontage
200 ft on Gilbert Rd

Amenities

  • Restaurant
  • Drive Thru
1 of 1
Bike Score ®
Very Bikeable (71)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

Nearby Major Retailers

Planet Fitness
BMO
Life Time Fitness
Orangetheory Fitness
Pei Wei Asian Kitchen
Buffalo Wild Wings
PNC Bank
The Little Gym
Curves
WaFd Bank

PROPERTY TAXES

Parcel Number 313-12-914 Improvements Assessment £0
Land Assessment £0 Total Assessment £137,538

PROPERTY TAXES

Parcel Number
313-12-914
Land Assessment
£0
Improvements Assessment
£0
Total Assessment
£137,538
(702) 239-8066

  • Listing ID: 33613829

  • Date on Market: 23/10/2024

  • Last Updated:

  • Address: Gilbert Rd, Gilbert, AZ 85296

The Retail Property at Gilbert Rd, Gilbert, AZ 85296 is currently available For Sale. Contact REMINGTON NEVADA for more information.

Nearby Listings

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1/5
Gilbert Rd, Gilbert, AZ for sale Primary Photo- Image 1 of 5
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Gilbert Rd, Gilbert, AZ for sale Construction Photo- Image 2 of 5
Exterior
Gilbert Rd, Gilbert, AZ for sale Construction Photo- Image 3 of 5
Exterior
Gilbert Rd, Gilbert, AZ for sale Site Plan- Image 4 of 5
Whataburger Site Plan - Gilbert Warner

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© 2024 CoStar Group

New What A Burger Under Construction | Gilbert Rd
(702) 239-8066 x

New What A Burger Under Construction | Gilbert Rd

Tom Fehrman

(702) 239-8066

(702) 239-8066

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