Contacts
Chad Neppl
Citywide CRE
(602) 695-4909
Property Details
- Property Type Industrial
- Property Size 8,157 SF
- Lot Size 1 Acre
- Parking Spaces Avail. 30
- Parking Ratio 3.68 / 1,000 SF
- Year Built 1998
- Date Updated Nov 22, 2023
- Clear Height 18'
- Dock High Doors 5
- Grade Level Doors 1
- Office Area 15 %
- Electricity Service • 1200 Amps at 120/208 Volts
$156,000 NOI
• 5.2% CAP Rate growing to a 5.8% CAP
• Tenant: AFX - Arizona Floral Exchange, Inc.
• New 7-Year Lease with Two 5-Year Options
• $13,000 Monthly Rent, NNN
• 3 % Annual Increases
• 4 Gravity Coil Coolers
• Fire Sprinklered
• Block Construction
• T-5 LED Lighting
• Fenced Yard
• L-I Zoning, City of Gilbert
• +1.0 Acre Parcel
• Lot Coverage: 19%
• APN# 302-11-131; 132
• Two 52’ Stationary Trailers, One Dry Storage,
One Extra Cooler When Needed
BUILDING IMPROVEMENTS
• 2019: Roof Resealed
• 2021: $50,000 Cooler, New NEC Phone System
• 2022: $15,000 Replaced/Upgraded All Warehouse & Cooler Lighting to LED
• 2023: Upgraded Loading Dock Bumpers & Receiving Stalls
Want more info on this listing?
Reach out to the broker for more info on lease terms and amenities
Getting around
-
23/100
Walk Score ®
-
25/100
Transit Score ®
-
64/100
Bike Score ®
Location
- City Gilbert, AZ
- Neighborhood El Dorado Lakes
- Zip Code 85233
- Market Phoenix
Points of Interest
-
Mesa Railroad Station
2.63 miles
-
Mesa Dr/ Main St
2.86 miles
-
American Liberty Transportation
2.91 miles
-
Center/ Main St
2.94 miles
-
Stapley/ Main St
3.01 miles
-
Country Club/ Main St
3.09 miles
-
Gilbert Rd/ Main St
3.32 miles
-
Alma School/ Main St
3.54 miles
-
Sycamore/ Main St
4.14 miles
-
Price-101 Fwy/ Apache Blvd
4.90 miles
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QuikTrip
0.49 miles
-
Mobil
0.68 miles
-
Circle K
0.73 miles
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Mesa Service Shop
0.78 miles
-
Valero
0.78 miles
-
Circle K
0.92 miles
-
Arco
0.95 miles
-
Costco Gasoline
1.32 miles
-
Arco
1.36 miles
-
Shell
1.37 miles
-
Budget
0.49 miles
-
Splash'n Shine Car Wash
0.54 miles
-
Raceway Car Wash
0.58 miles
-
Hertz
0.64 miles
-
Enterprise
0.68 miles
-
Full Circle AutoWash
0.72 miles
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Southern Ave Car Wash
1.45 miles
-
Prestige Custom Limo
1.50 miles
-
Arizona Car Wash Company
1.54 miles
-
Rinse N Ride Car Wash
1.61 miles
-
Tropical Smoothie Cafe
0.54 miles
-
TEI
0.57 miles
-
My Thai Bowl
0.60 miles
-
Jason's Deli
0.61 miles
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Los Favoritos
0.64 miles
-
Togo's
0.64 miles
-
Golden Corral
0.65 miles
-
Denny's
0.66 miles
-
Subway
0.68 miles
-
Chipotle
0.72 miles
In-Depth Research Available for this Property
Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.
Contact Listing Broker
Chad Neppl
Citywide CRE
(602) 695-4909
