Gilbert, Arizona, a rapidly growing community with a current population of approximately 290,000 residents, offers a diverse range of Commercial Real Estate for Sale opportunities. Investing in Commercial Real Estate in Gilbert can be a wise decision, as the town's strong economy, competitive schools, and safe neighborhoods create an attractive environment for businesses and residents alike. Commercial Real Estate in Gilbert can represent various types of investments, including office buildings, retail spaces, and industrial properties, each with its unique characteristics and potential for growth. Gilbert's amenities, infrastructure, location, education, and geography make it an ideal place to invest in Commercial Real Estate. The town's proximity to major transportation facilities, such as the Santan Freeway and the US 60 Superstition Freeway, provides easy access to surrounding cities and attractions like the Phoenix Mesa Gateway Airport and the Phoenix Sky Harbor International Airport. Additionally, Gilbert is home to several major corporations, including GoDaddy, Northrop Grumman, and Banner Health, which contribute to the town's economic diversity. The town's pleasant subtropical, hot desert climate and abundance of parks and recreational facilities, such as the Gilbert Parks and Recreation department, also make it an attractive location for businesses and residents.
Gilbert's Commercial Real Estate market offers a range of opportunities, with 91 listings currently available. The town's diverse economy, with a focus on industries such as advanced manufacturing, aerospace and defense, biotechnology, clean technology, and renewable energy, creates a strong demand for Commercial Real Estate. In addition to Commercial Real Estate, Gilbert also offers Industrial Properties, such as warehouses and manufacturing facilities, which can be ideal for businesses looking to establish a presence in the area. Apartment Buildings are another option, providing a steady income stream for investors. Office Properties, including Class A and Class B office spaces, are also available, catering to a range of businesses and professionals. Hotels, such as those near the Phoenix Mesa Gateway Airport, offer a unique investment opportunity, capitalizing on the town's growing tourism industry. Overall, Gilbert's Commercial Real Estate market presents a compelling opportunity for investors and businesses looking to establish a presence in this rapidly growing community.
What financing options are available for purchasing commercial real estate?
When it comes to financing options for purchasing commercial real estate in Gilbert, Arizona, there are several alternatives to consider, including:
- Traditional bank financing, which typically requires a 20-30% down payment and offers competitive interest rates;
- Small Business Administration (SBA) loans, which provide more favorable terms, such as lower down payments and longer repayment periods, for qualified small businesses;
- Private money lending, which offers more flexible terms and faster approval processes, but often at higher interest rates.
How do cap rates factor into commercial real estate purchases?
When considering commercial real estate purchases in Gilbert, Arizona, understanding cap rates is crucial. The average cap rate in Gilbert is 5.95%, which can help investors determine the potential return on investment for a property, making it a vital factor in their purchasing decisions; to learn more about cap rates, check out our article on what is a cap rate.
In Gilbert, with 91 available listings of commercial real estate, investors have a range of options to choose from, and cap rates can help them narrow down their search to properties that align with their investment goals. By considering the cap rate, investors can better evaluate the potential risks and rewards of a commercial property and make more informed purchasing decisions.
What is considered a commercial property?
In Gilbert, Arizona, a commercial property is typically considered any property that is used for business or commercial purposes, such as office buildings, retail spaces, restaurants, and warehouses, which can be found among the 91 available listings of Commercial Real Estate for sale.
These properties can range in size from 33,548 square feet to 146,052 square feet, with an average price per square foot of $418 USD and an average cap rate of 5.95%, making Gilbert an attractive option for businesses and investors alike.
