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Rivulon Shops 3605 S Gilbert Rd 6,007 SF 100% Leased Retail Building Gilbert, AZ 85297 $5,589,645 CAD ($930.52 CAD/SF) 5.56% Cap Rate
Investment Highlights
- Attractive In-Place Returns: Offered at $3,950,000 with a 5.56 cap rate and $219,664 in NOI
- Premier Position Along a High-Traffic East Valley Corridor
- Curated Tenant Mix with Loyal Customer Bases
- 100% Occupied with Zero Vacancy Risk
- Stable Income with a Nearly 5-Year WALT
- Gilbert remains one of the strongest retail submarkets in Arizona!
Executive Summary
Rivulon Shops is a ±6,007 square foot, fully leased multi-tenant retail center generating an NOI of $219,664 and is offered at $3,950,000, representing a 5.56% cap rate.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
6,007 SF
Building Class
B
Year Built
2018
Price
$5,589,645 CAD
Price Per SF
$930.52 CAD
Cap Rate
5.56%
NOI
$310,847 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Amenities
- Corner Lot
- Signage
- Air Conditioning
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 304-55-463 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $305,976 CAD |
Property Taxes
Parcel Number
304-55-463
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$305,976 CAD
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Rivulon Shops | 3605 S Gilbert Rd
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