Gilbert, Arizona, a rapidly growing community with a current population of approximately 290,000 residents, offers a diverse range of Retail Properties For Sale. Investing in Retail Properties in Gilbert is a wise decision, as the town's strong economy, competitive schools, and safe neighborhoods create an attractive environment for businesses and residents alike. Retail Properties in Gilbert can represent a variety of investments, from strip centers and shopping plazas to freestanding retail buildings and mixed-use developments. These properties often benefit from the town's amenities, infrastructure, and location, which include the Santan Freeway (Loop 202), the US 60 Superstition Freeway, and regional arterials like Williams Field Road, Chandler Boulevard, and Gilbert Road. Additionally, Gilbert's proximity to the Phoenix Mesa Gateway Airport and the Phoenix Sky Harbor International Airport makes it an ideal location for businesses that require easy access to transportation hubs. The town's diverse economy, with a focus on industries such as advanced manufacturing, aerospace and defense, biotechnology, clean technology, and renewable energy, also contributes to the appeal of Retail Properties in Gilbert. With attractions like the Gilbert Arizona Temple, the Gilbert Historical Museum, and the 9/11 Memorial at Town Hall, Gilbert is a great place for business and travel.
Gilbert's Retail Properties For Sale offer a unique opportunity to invest in a growing community with a strong economy and diverse industries. With 21 Retail Properties currently available, investors have a range of options to choose from. In addition to Retail Properties, Gilbert also offers Shopping Centers, Restaurants, Office Properties, and Hotels, each with its own unique characteristics and benefits. For example, Shopping Centers in Gilbert often benefit from the town's high traffic volume and strong retail demand, while Restaurants in Gilbert can capitalize on the town's growing population and diverse economy. Office Properties in Gilbert offer a range of options for businesses, from Class A office space to flex and industrial properties, while Hotels in Gilbert cater to the town's growing tourism industry. With its diverse economy, strong infrastructure, and attractive amenities, Gilbert is an ideal location for businesses and investors alike.
What is the average cap rate for retail properties in Gilbert?
For investors seeking retail properties in Gilbert, Arizona, it's essential to understand the average cap rate to make informed decisions. According to current market data, the average cap rate for retail properties in Gilbert is 6.15%, which can help investors gauge the potential return on investment; to learn more about how this rate is calculated, check out our article on what is a cap rate.
How do location and foot traffic affect retail property values?
In Gilbert, Arizona, the location and foot traffic of retail properties significantly impact their values. For instance, properties situated in high-traffic areas like the Heritage District, which attracts visitors with its historic charm and cultural attractions, tend to command higher prices, with an average price per square foot of $353 USD and an average size of 15,523 square feet, compared to those in less frequented areas.
