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Freestanding Former IHOP Building 920 S Gilbert Rd
4,022 SF of Retail Space Available in Gilbert, AZ 85296
Highlights
- 4,022 SF freestanding former IHOP restaurant on 39,043 SF lot
- Located directly across Gilbert Road from Gilbert Civic Center and Gilbert Town Hall
- Strong traffic counts of almost 25,000 VPD along Gilbert Rd & upwards of 27,000 VPD along Warner Rd
- Close proximity to Gilbert Town Square which offers dining, shopping & entertainment; tenants include Pei Wei, Chipotle, Bowlero, Regal Cinemas & more
- Premier 11.57 gross acre Intercapital Development retail project underway at the SEC of Warner Rd & Gilbert Rd
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 4,022 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request | TBD |
1st Floor
± 4,022 SF freestanding former IHOP restaurant on ± 39,043 SF lot; available for LEASE or SALE Close proximity to Gilbert Town Square which offers dining, shopping and entertainment; tenants include Pei Wei, Sport Clips, Chipotle, Bowlero, Regal Cinemas & more! Located directly across Gilbert Road from Gilbert Civic Center and Gilbert Town Hall Premier ± 11.57 gross acre Intercapital Development site underway at the SEC of Warner Rd & Gilbert Rd Strong traffic counts of almost ± 25,000 VPD along Gilbert Road and upwards of ± 27,000 VPD along Warner Rd
- Fully Built-Out as Standard Retail Space
- Space is an outparcel at this property
- Space is in Excellent Condition
- Kitchen
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS FOR 920 S Gilbert Rd , Gilbert, AZ 85296
| Property Type | Retail | Year Built | 2002 |
| Property Subtype | Restaurant | Parking Ratio | 10/1,000 SF |
| Gross Leasable Area | 4,022 SF |
| Property Type | Retail |
| Property Subtype | Restaurant |
| Gross Leasable Area | 4,022 SF |
| Year Built | 2002 |
| Parking Ratio | 10/1,000 SF |
About the Property
Former 4,022 SF IHOP building on 39,043 SF lot
- Signage
Nearby Major Retailers
-
Marti Weinstein -
Diversified Partners, LLC
Presented by
Freestanding Former IHOP Building | 920 S Gilbert Rd
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