Lindsay Square Shops Portefeuille de local commercial à vendre 4 biens 11 430 900 € Gilbert, AZ

Lee & Associates Commercial Real Estate Services is please to present Lindsay Square, a multi-tenant neighborhood shopping center in Gilbert, Arizona. Lindsay Square is a 46,728 SF retail shopping center located on the Northeast corner of Lindsay & Williams Field Roads or 2315 & 2335 S Lindsay Rd and 870 & 874 E Williams Field Rd, Gilbert, Arizona.
This multi-tenant investment opportunity gives qualified investors a chance to purchase a 100% occupied, neighborhood shopping center with below market rents. Lindsay Square is a true neighborhood center positioned on a hard corner intersection with limited surrounding retail. Just over a mile East is the booming trade area of San Tan Village with little vacancy.
- 100% Occupied established Neighborhood Center with Strong Customer Loyalty – The Property is a well-established neighborhood destination, drawing consistent foot traffic from local residents
- Below Market Rents – The average rent per square foot is $17.93 NNN, while the highest-paying tenant is at $25.75, compared to the Phoenix MSA average asking rent of $25 NNN (Costar)
- Low Vacancy Submarket – The Gilbert submarket has a vacancy rate of 3.1%, near the lowest level on record, compared to the Phoenix MSA vacancy rate of 5.1% (Costar).
- Quick Lease Turnover – The property has a history of low vacancies and quick backfilling due to tenant demand and the surrounding limited retail supply, ensuring stable occupancy rates.
- Affluent Surrounding Population & Strong Consumer Spending – Within a 3-mile radius, the average household income is $152,382 and $198,788 within a 1-mile radius, ensuring strong consumer spending power. The Phoenix MSA average is $114,041.
- Service & Destination-Oriented Tenants – The tenant mix includes 100% service, fitness, and education, ensuring consistent customer demand. Notably, 7 of 13 tenants are educational or fitness related.
- Limited Retail Competition – Lindsay Square Shops is the only retail center at the intersection of Lindsay and Williams Field Roads. Surrounded by residential areas, it benefits from limited nearby competition and high traffic flow
- New Loop 202 Interchange Enhances Accessibility – The recently completed Loop 202 Santan Freeway interchange at Lindsay Road significantly improves exposure and accessibility to the property.