Upscale Gilbert Retail Shops

Val Vista Drive and Riggs Road Gilbert, AZ 85298

FOR LEASE
Property Type:
Street Retail
Last Verified:
Jan 31, 2020

Highlights

  • New Retail Development
  • Retail Space available in desirable Gilbert Community
  • Suites available from 1,200 to 5,400 Square Feet
  • Excellent Visibility and Access

Description

New Retail Shops available in Upscale Gilbert trade area. Highly sought after and growing community surrounded by above average income and vibrant community appeal.
Surrounding demographics:
Average Income: $141,095
Home Value: $291,858
Household Net Worth: $1,619,313
Retail Opportunities from 1,200 SF to 5,400 SF available with custom space planning.

This southeast Valley location is experiencing a residential building boom and is one of the fastest-growing trade areas of metropolitan Phoenix. The property is surrounded by above average incomes and continued housing growth. The property is adjacent to Basha High School and American Leadership Academy with excellent visibility and access by vibrant surrounding residential communities. The site features new to market retail in a highly desirable trade area.


Year Built: 2018
Building Size: 25083.0sq ft
Lot Size: 0.0 acres

Units for Lease

Retail Pad A
Space Available: 3020 SF
Lease Type: NNN

Price Per Sqft/Year: $34.0 - $40.0
Building B
Space Available: 6444 SF
Lease Type: NNN

Price Per Sqft/Year: $34.0 - $40.0
Building C
Space Available: 4819 SF
Lease Type: NNN

Price Per Sqft/Year: $36.0
Building D
Space Available: 5400 SF
Lease Type: NNN

Price Per Sqft/Year: $36.0
Building E
Space Available: 5400 SF
Lease Type: NNN

Price Per Sqft/Year: $36.0 - $40.0

Map of Val Vista Drive and Riggs Road , Gilbert, AZ, 85298

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.