Gilbert, AZ 85297

Bikini Beans Coffee Ground Lease

Property Address

3317 South Val Vista Drive, Gilbert, AZ, USA

Offering Summary

  • Price: $1,462,000
  • Lot Size: 0.56 Acres
  • Cap Rate: 6.50%
  • Year Built: 2025
  • Building SF: 837
  • Status: Available
Download Brochure Submit Offer
  • Brand New 20-Year Absolute Triple-Net (NNN) Ground Lease - 2025 Construction
  • 12.5% Rental Increases Every 5 Years with Multiple Renewal Options
  • Highly Visible Location Along South Val Vista Drive, Accessible by ±49,000 Cars per Day at the Corner of Val Vista Drive and South Market Street
  • 302,800 Residents in a 5-Mile Radius - Dense Gilbert Trade Area in the Phoenix MSA
  • Rapidly Growing Trade Area - Households and Population Projected to Increase 8-10% in the Immediate Area by 2029
  • Excellent Location in Gilbert's Primary Commercial Corridor - Immediate Proximity to SanTan Village Mall, SanTan Motorplex, Dignity Health Mercy Gilbert Medical Center, and the Veterans Affairs Health Clinic
  • Affluent Trade Area - Average Household Income Exceeds $152,000 in a 3-Mile Radius
  • Situated Just North of the Loop 202, a Major Connector for the Phoenix MSA

Broker Information