1851 E Baseline Rd - Freestanding FOR SALE


Gilbert, AZ 85233- North Gilbert
$2,600,000 USD
602-734-7218
1851 E Baseline Rd, Gilbert, AZ for Sale
$2,600,000 USD
Freestanding - FOR SALE
1/6
null | 6% Cap Rate

1851 E Baseline Rd
Gilbert, AZ 85233
North Gilbert


HIGHLIGHTS

  • Multi-tenant shops pad that is 100% leased to internet resistant, service-based tenants
  • Two traffic-drawing shadow anchors in Fry's Marketplace and Paul's Ace Hardware
  • Annual rent increases provide enhanced future cash-on-cash returns
  • Excellent visibility at a high traffic, dynamic retail intersection
  • Just over 1 mile from both Heritage District in downtown Gilbert and from the US-60 freeway

FOR SALE DETAILS

PRICE

$2,600,000 USD

PRICE/SF

$468 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

TOWNSHIP PLAZA MULTI-TENANT SHOP PAD

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2004

SPRINKLERS

-

PARKING SPACES

45

LAND DETAILS

LAND ACRES

0.51 AC

LAND SF

22,216 SF

ZONING

C-2, Gilbert

APN/PARCEL ID

310-05-236A

ASK ABOUT THIS PROPERTY

John SchweikertPhoenix Commercial AdvisorsMore Info
602-734-7218

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John SchweikertPhoenix Commercial AdvisorsMore Info
602-734-7218

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.