Unpriced Offering

Location: South of the Southeast Corner of Gilbert Road and Warner Road in Gilbert

Size: 9.76± Acres

Current Zoning :

  • General Office (GO) and Neighborhood Office (NO), Town of Gilbert
  • Sale is Subject to Rezoning to Medium-High Residential

Municipality: Town of Gilbert

Strengths:

  • Strategically Located Between Superstition Freeway & San Tan Loop Freeway Fronting Gilbert Road - a Primary North / South Arterial
  • 2 Miles to Gilbert's Heritage District with Numerous Dining & Entertainment Options
  • 3.5 Miles from Thousands of Jobs at Nationwide's 250-Acre Rivulon Development and the Chandler Airpark
  • Gilbert Ranked #1 "Most Prestigious City in the Country" -Economic Innovation Group
  • Gilbert Among the Top 5 "Safest Cities in America" -Wallethub
  • Gilbert Ranked #5 "Best Place to Find a Job in the Country" -Wallethub

THE LOCATION

Located approximately 22 miles east of downtown Phoenix, the Town of Gilbert encompasses nearly 73 square miles in southeast Maricopa County. With a current population approaching 235,000 residents, Gilbert is now the sixth-most populated municipality in Arizona, surpassing the City of Scottsdale. The upscale community of Gilbert is home to some of the most educated and affluent people of all competing western markets in the United States, making it one of the most powerful and immediate development prospects in the nation. Gilbert has experienced robust population grown in conjunction with economic expansion, fueling increases in both personal income and housing prices.

This 9.76± acre site is located just east of Gilbert Road between Warner and Ray Roads. Illustrative of established / announced demand generators for this asset are the following:

Gilbert Town Square

1.6 Miles from Site

158,387 SF

Shopping Center

Tenants:

Bolero, Regal Cinemas, Buffalo Wild Wings, IHOP

San Tan Village

4.5 Miles from Site

1.2M SF Shopping Center

Tenants:

Dillards, Macys, Harkins, Dicks

Downtown Gilbert Heritage District

2.1 Miles from Site

.3 Total Square Miles

Restaurants, Bars, Shops, Cultural

Phoenix-Mesa Gateway Airport

8.6 Miles from Site

Full-Service Commercial Airport Hosts 40+ Companies | Serves 38 Cities

Developing Int'l Aerospace Center Aircraft Maintenance, Modification, Testing, Pilot Training

Medical Facilities

Banner Urgent Care 1.6 Miles from Site

Dignity Health Mercy Medical Center 6.3 Miles from Site

Banner Desert | Cardon Children's Hospital 9.5 Miles from Site

Walk-In Medical Clinic

212-Bed Facility

 

250 Employees

 

 

248-Bed Facility

4,500 Employees

Education

ASU Polytechnic Campus 9.1 Miles from Site

Chandler-Gilbert Community College 3.2 Miles from Site

Serves 9.7+K Students

 

Enrolls 20K Students Annually

CONTACT

Investment Advisors

MARK FORRESTER

Senior Managing Director

mark.forrester@berkadia.com

602.912.1630

RIC HOLWAY

Senior Managing Director

ric.holway@berkadia.com

602.912.1633

DAN CHEYNE

Senior Director

dan.cheyne@berkadia.com

602.522.5212

PHOENIX OFFICE

2525 East Camelback Road, Suite 1150

Phoenix, AZ 85016

Phone: 602.955.1122

Berkadia.com

Berkadia®, a joint venture of Berkshire Hathaway and Jefferies Financial Group, is an industry leading commercial real estate company providing comprehensive capital solutions and investment sales advisory and research services for multifamily and commercial properties. Berkadia® is amongst the largest, highest rated and most respected primary, master and special servicers in the industry. This advertisement is not intended to solicit commercial mortgage loan brokerage business in Nevada.

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