Gilbert Gateway Towne Center - Walmart

Off-Market

5290 South Power Road, Gilbert, AZ 85295

This property is off-market. Unlock in-depth property data and market insights by signing up to CommercialEdge.

  • Property Type Retail - Power Center
  • Property Size 205,000 SF
  • Lot Size 21 Acre
  • Property Tenancy Owner Occupied
  • Year Built 2006

Contacts

Find property contacts with verified and updated contact information on CommercialEdge: owners, building management, representatives from permits and tenants.

Owner

  • True Owner
  • Registered Owner

Tenants

Suite Name Tenant Leased
Space
Rent Price Lease
Type
Space
Type
Lease Term
370 17th Street #5500 MERRILL, (303) 446-5500 23,824 SF $23/SF/YR Modified
Gross
General
Office
11/01/2014-
N/A
370 17th Street
#6000
Morrison & Foerster,
(303) 592-1500
10,710 SF $26/SF/YR Full
Service
General
Office
08/01/2013-
07/31/2023
Unlock on CommercialEdge

This is a preview. The total list of tenants and suites, along with other lease information, for this property is available on CommercialEdge.

Brokers

Do you represent this property? Claim it!

List your spaces with ease and generate only verified leads with CommercialEdge Marketing.

Add listing for free

Documents

Access researched data with nationwide coverage on CommercialEdge: sales, mortgages, financials, title documents and more.

Sales

  • Purchase Price
  • Arm's Length True
  • Buyer Name

Market Trends

Average Actual Rents in Gilbert

Average rents use actual signed leases, aggregated for your specific search area and asset type with Yardi Market Insight. Be confident your price is competitive, with CommercialEdge.

Current Average Rent
Net Rent
$44.3/SF/YR
Recoverables Show detailsHide details
$16.7/SF/YR
CAM
$3.54/SF/YR
Insurance
$0.59/SF/YR
Taxes
$9.52/SF/YR
Utilities
$1.76/SF/YR
Management Fees
$1.3/SF/YR
Total Rent
$61/SF/YR
Unlock on CommercialEdge
Occupancy & Leasing Activity
Occupancy
83.5%
Lease Spread
-20.5%
Unlock on CommercialEdge

Asking Rents in Gilbert Office Market

Office rental rates are based on aggregated data of asking rates.

  • 2022 Avg. Asking Rent $25.48
  • 2022 Office Vacancy Rate 4.12%
  • 2022 Office Completions (SF)

Gilbert Office Sales Trends

All sale prices are based on publicly recorded, verified sales.

  • 2022 Avg. Price per SF $323.07
  • Y-o-Y Avg. PpSF Change -9.36%
  • 2022 Office Sales Volume $84.5M
  • 2022 Number of Transactions 4
View more Gilbert market trends

Location

Getting Around

  • Walk Score ®

    41/100 Car-Dependent
  • Transit Score ®

    26/100 Some Transit
  • Bike Score ®

    54/100 Bikeable
Powered by Walk Score ®
  • City Gilbert, AZ
  • Neighborhood Lyons Gate
  • Zip Code 85295
  • Market Phoenix

Points of Interest

  • Independence Transport Services

    8.54 miles

  • Gilbert Rd/ Main St

    8.83 miles

  • Stapley/ Main St

    9.33 miles

  • Shell

    0.09 miles

  • Circle K

    0.37 miles

  • Chevron

    0.85 miles

  • Fry's Fuel Center

    1.13 miles

  • Circle K

    1.19 miles

  • ChargePoint

    1.30 miles

  • Shell

    1.87 miles

  • Circle K

    1.99 miles

  • Circle K

    2.15 miles

  • Clean N' Green

    2.21 miles

  • Lot 1

    0.87 miles

  • Ray Road Economy Lot

    0.87 miles

  • Lot 5

    0.93 miles

  • Lot 2

    0.94 miles

  • Lot 6

    0.95 miles

  • Lot 27

    1.03 miles

  • Lot 30

    1.09 miles

  • Lot 10

    1.15 miles

  • Lot 32

    1.16 miles

  • Lot 42

    1.24 miles

  • Carl's Jr.

    0.15 miles

  • Wendy's

    0.18 miles

  • Applebee's

    0.18 miles

  • McDonald's

    0.18 miles

  • Popeyes

    0.19 miles

  • YC's Mongolian Grill

    0.20 miles

  • Los Favoritos Tacos

    0.21 miles

  • Jimmy John's

    0.21 miles

  • Rubio's

    0.22 miles

  • Jack in the Box

    0.22 miles

  • Walmart Supercenter

    0.01 miles

  • Target

    0.25 miles

  • Ross

    0.44 miles

  • Fry's Marketplace

    1.27 miles

  • Power Road Farmer's Market

    1.62 miles

  • Fry's Food and Drug

    2.67 miles

  • Macy's

    3.13 miles

  • Walmart Supercenter

    3.16 miles

  • Dillard's

    3.26 miles

  • Marshalls

    3.27 miles

Frequently Asked Questions

What is the total square footage of Gilbert Gateway Towne Center - Walmart?

Gilbert Gateway Towne Center - Walmart totals 205,000 square feet.

When was this property built?

Gilbert Gateway Towne Center - Walmart was built in 2006.

What is the property tax for Gilbert Gateway Towne Center - Walmart?

The property tax for Gilbert Gateway Towne Center - Walmart in 2022 was $224,056.

What is the market value for Gilbert Gateway Towne Center - Walmart?

The market value* for Gilbert Gateway Towne Center - Walmart in 2022 was $15,552,900.
*This represents the market value determined by the appropriate local tax/financial authority, and not the latest sale price or current market value based on recent sales.

Looking for more in-depth information on this property?

Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.