Prime Drive Thru PAD

NWC of Melrose St and Val Vista Dr Gilbert, AZ 85201

Gilbert
FOR SALE
Property Type:
Padsites
Amount:
Please Call Broker for Price

Last Verified:
Sep 10, 2024

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Highlights

  • Population of 103,000 within 5 miles
  • Household income of $166,385 within 3 miles
  • Mercy Gilbert Employment Corridor
  • Over 50k vehicles per day on Val Vista
  • 3 local high schools with 6,000 students

Description

Introducing a prime investment opportunity in Gilbert, AZ! This impressive 43,688 SF building is strategically located at the NWC of Melrose St and Val Vista Dr. Boasting a high household income of $166,385 within 3 miles and sharing the trade area with a new master-planned community of 3,300 homes, this property offers immense potential for an office/office building investor. With easy access to Loop 202 and a dense population of approximately 103,000 employees and three high schools with around 6,000 students within 5 miles, this property is positioned for success in a thriving commercial hub.

Explore the vibrant neighborhood surrounding the NWC of Melrose St and Val Vista Dr in Gilbert, AZ. Enjoy a variety of dining options, nearby retail centers, and green spaces for relaxation. The area offers easy access to major thoroughfares and public transportation, making it an ideal location for professionals seeking office space.

Building Size: 43688sq ft
Lot Size: 1.0 acres


Documents

Sale Brochure (L)

Map of NWC of Melrose St and Val Vista Dr, Gilbert, AZ, 85201

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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.