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Shops at Civic Center 3 Retail Properties Offered at $15,436,172 CAD in Gilbert, AZ
INVESTMENT HIGHLIGHTS
- Prime Visibility & Traffic Exposure
- Contemporary Architecture
- Institutional Grade Presentation
- Efficient Site Design & Parking Ratio
- Recent Capital Enhancements
- Attractive Entry Basis with Embedded Growth
EXECUTIVE SUMMARY
Surmount is pleased to exclusively present the opportunity to acquire the Shops at Civic Center, a premier retail center located in Gilbert, Arizona, one of the Phoenix metropolitan area’s most affluent and economically resilient municipalities. The property is situated within the approximately 180-acre master planned Gilbert Town Center, a civic oriented district anchored by the city’s municipal campus and supported by increasing residential density, a flagship Life Time athletic resort and pedestrian oriented infrastructure.
Constructed in 2005, the property consists of three (3) contemporary single-story buildings totaling 25,690 SF. The center is currently 95% occupied, with 12 of 13 suites leased to a diverse, necessity-based tenant mix that includes food & beverage, healthcare, personal services and fitness/wellness operators. This balanced tenancy provides durable in-place cash flow, consistently high occupancy and lasting operational relevance within one of the Valley’s most desirable retail corridors.
Constructed in 2005, the property consists of three (3) contemporary single-story buildings totaling 25,690 SF. The center is currently 95% occupied, with 12 of 13 suites leased to a diverse, necessity-based tenant mix that includes food & beverage, healthcare, personal services and fitness/wellness operators. This balanced tenancy provides durable in-place cash flow, consistently high occupancy and lasting operational relevance within one of the Valley’s most desirable retail corridors.
DATA ROOM Click Here to Access
- Offering Memorandum
PROPERTY FACTS
| Price | $15,436,172 CAD | Number of Properties | 3 |
| Price / SF | $594.80 CAD / SF | Individually For Sale | 0 |
| Cap Rate | 5.90% | Total Building Size | 25,952 SF |
| Sale Type | Investment | Total Land Area | 7.34 AC |
| Status | Active |
| Price | $15,436,172 CAD |
| Price / SF | $594.80 CAD / SF |
| Cap Rate | 5.90% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 3 |
| Individually For Sale | 0 |
| Total Building Size | 25,952 SF |
| Total Land Area | 7.34 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
|
Bldg B
235 E Warner Rd, Gilbert, AZ 85296 |
Retail | 11,958 SF | 2005 | - |
|
Bldg A
211 E Warner Rd, Gilbert, AZ 85296 |
Retail | 8,482 SF | 2005 | - |
|
Bldg C
263 E Warner Rd, Gilbert, AZ 85296 |
Retail | 5,512 SF | 2005 | - |
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Shops at Civic Center
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