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424 S Gilbert Rd 12,010 SF 100% Leased Industrial Building Mesa, AZ 85204 $1,950,000 ($162.36/SF)
INVESTMENT HIGHLIGHTS
- Flexible floor plan enables an owner-user to occupy a portion of the premises while generating rental income from leasing the remaining suite.
- Mesa continues to rank among Greater Phoenix’s most active industrial and flex markets, supported by constrained new supply.
- Submarket vacancy rates remain low at approximately 3.7%, reflecting the stability and investment strength of the local industrial sector.
- Prominent frontage along Gilbert Road enhances exposure and accessibility.
- Average rental rates in Mesa are approximately $14.80/SF—exceeding the metro average—underscoring the market’s strong occupancy and appeal.
EXECUTIVE SUMMARY
David Harrington
License No. CO701910000 (AZ)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
4110 N Scottsdale Rd Suite 100,
Scottsdale, AZ 85251
License No. CO701910000 (AZ)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
4110 N Scottsdale Rd Suite 100,
Scottsdale, AZ 85251
PROPERTY FACTS
| Price | $1,950,000 | Rentable Building Area | 12,010 SF |
| Price Per SF | $162.36 | No. Stories | 1 |
| Sale Type | Investment | Year Built | 1982 |
| Property Type | Industrial | Parking Ratio | 0.83/1,000 SF |
| Property Subtype | Warehouse | Clear Ceiling Height | 20’ |
| Building Class | B | No. Drive In / Grade-Level Doors | 4 |
| Lot Size | 0.58 AC | ||
| Zoning | C-2, Mesa - Commercial | ||
| Price | $1,950,000 |
| Price Per SF | $162.36 |
| Sale Type | Investment |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | B |
| Lot Size | 0.58 AC |
| Rentable Building Area | 12,010 SF |
| No. Stories | 1 |
| Year Built | 1982 |
| Parking Ratio | 0.83/1,000 SF |
| Clear Ceiling Height | 20’ |
| No. Drive In / Grade-Level Doors | 4 |
| Zoning | C-2, Mesa - Commercial |
AMENITIES
- Signage
- Reception
- Monument Signage
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- Airtech Automotive Llc
- Services
- -
- -
- -
-
- Services
- -
- -
- -
AZ Wrap Guys LLC is a family owned business with expert people to help you from design through installation. AZ Wrap Guys LLC provides people and businesses with award-winning custom wraps. They serve a diverse spectrum of clients, ranging from small businesses to large corporations and consider each to be their very best client. Because all their signs are custom designed and built for clients’ specific requirements, prices are established for each project to ensure optimal cost benefits.
- Great Embroidery
- Professional, Scientific, and Technical Services
- -
- -
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| Airtech Automotive Llc | Services | - | - | - | ||
|
|
Services | - | - | - | ||
| Great Embroidery | Professional, Scientific, and Technical Services | - | - | - |
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Walk Score®
Very Walkable (72)
Bike Score®
Very Bikeable (79)
PROPERTY TAXES
| Parcel Number | 139-01-049F | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $79,032 |
PROPERTY TAXES
Parcel Number
139-01-049F
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$79,032
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424 S Gilbert Rd
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