Retail Space / Arizona / Gilbert / 85233 / 82 West Ray Road

82 West Ray Road

Gilbert, AZ 85233

Listing ID: 235886

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$2,514,000

For Sale

Property Type Retail for Sale
Lot Size Acres 1.650
Building Sq Ft 10,880
Building Price per Sq Ft $231.07
Land Sq Ft 71,874
Land Price per Sq Ft $34.98

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Description

100% leased multi-tenant building leased to AquaSafe Swim School and Hertz
Absolute NNN ten year lease to be signed by Aqua- Safe Swim School at close of escrow
Hertz has just signed a fresh 5 year lease for 1,775 SF
No deferred maintenance
Strong financials with personal guarantee
AquaSafe is a locally owned and operated swim school with two locations that have been operating since 2003 in Scottsdale location and 2008 in Gilbert.
AquaSafe Swim School is a strong tenant that has survived the recession in 2008 and most recently the pandemic
Located just 1.5 miles south of Downtown Gilbert/ Heritage SquareExcellent demographics with an average household income of $113,374 within 1 mile and more than 111,824 people within 5 miles.

Attachments & Files

aquasafeswimschooldraftomgilbert-t1I-39B.pdf

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Listing Demographics for 82 West Ray Road Gilbert, AZ 85233

All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

		1-Mile	3-Miles	5-Miles
Total Population		11,745	120,581	307,355
Population Median Age		36	36	35
Population by Age	0-9 Yrs	1712 (14%)	15930 (13%)	42993 (13%)
	10-19 Yrs	1787 (15%)	19103 (15%)	46527 (15%)
	20-29 Yrs	1392 (11%)	16266 (13%)	43695 (14%)
	30-39 Yrs	1521 (12%)	16251 (13%)	46040 (14%)
	40-49 Yrs	2072 (17%)	18420 (15%)	44158 (14%)
	50-59 Yrs	1569 (13%)	16347 (13%)	39563 (12%)
	60-69 Yrs	954 (8%)	10325 (8%)	26427 (8%)
	70+ Yrs	738 (6%)	7939 (6%)	17952 (5%)

Median HH Income		$96,856	$82,725	$81,598
Total Household Income	< 24K	279 (6%)	4074 (9%)	10508 (10%)
	25-49K	402 (9%)	6999 (17%)	18516 (17%)
	50-74K	740 (18%)	7518 (18%)	18940 (18%)
	75-99K	702 (17%)	6008 (14%)	15248 (14%)
	100-199K	1605 (39%)	12939 (31%)	32085 (30%)
	200K+	341 (8%)	3358 (8%)	8681 (8%)

Highest Education Level	No Diploma	325	6364	15243
	Diploma or GED	1441	14453	37358
	Some College	1883	18949	47687
	Assoc. Degree	790	7827	19753
	Bachelors Degree	2232	19339	50360
	Higher Degree	996	10575	26510

Total Housing Units		4,219	43,477	110,344
--Owner-Occupied		3,048	28,103	68,331
--Renter-Occupied		1,020	12,793	35,647
Owner-Occupied Values	< 100K	18	1183	2791
	100-199K	119	3509	9673
	200-299K	1435	11144	25427
	300-399K	1069	7746	17686
	400-499K	275	2742	7017
	500K+	132	1780	5737

Total Working Age Population		8,922	93,280	235,698
In Work Force		6,595	65,559	169,719
Not In Work Force		2,327	27,721	65,979
Workforce Employed		6,387	62,858	162,628
Workforce Unemployed		204	2,643	7,005
Civlian Workforce		6,591	65,501	169,634
Military Workforce		4	58	85

Total Households		4,068	40,896	103,978
Family Households		2,978	29,437	73,714
Non-Family Households		1,090	11,459	30,264
Married Couple		2,369	22,279	55,555
Other Family		609	7,158	18,159
Married w/Child		1,200	10,555	27,312
Single Male w/Child		126	932	2,796
Single Female w/Child		173	2,826	6,912

Population Change Last Two Decades - Plus Projection

	2000	%	2010	%	2020	%	2030
Arizona	5,130,632	+25	6,392,017	+14	7,286,100	+14	8,284,900
Gila County	51,335	+4	53,597	+3	55,100	+1	55,400
Maricopa County	3,072,149	+24	3,817,117	+16	4,436,900	+15	5,107,700
Pinal County	179,727	+109	375,770	+24	466,200	+32	616,200

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No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

Listing Location & Map Views

Other Retail Space Listings for Sale Nearby

Address	Price	Sq Ft	Acres
670 West Ray Road, Gilbert, AZ	$685,000	1512	-
Warner Rd, Mesa, AZ	$1,800,000	5000	1.78
1909 East Ray Road, Chandler, AZ	CALL	1170	0.03
854 East Williams Field Road, Gilbert, AZ	$2,812,000	9738	1.32
950 South Val Vista Drive, Gilbert, AZ	$5,250,000	3501	1.5
777 North Arizona Avenue, Chandler, AZ	$2,100,000	8800	-
797 West Guadalupe Road, Gilbert, AZ	$2,500,000	5362	1.38
25 West Warner Road, Chandler, AZ	CALL	1215	-
400 West Ray Road, Chandler, AZ	$2,533,500	10134	1.37
2336 East Baseline Road, Mesa, AZ	CALL	3086	1

Closest Commercial Airports

Airport	Distance (mi)
Phoenix Sky Harbor International Airport (PHX)	15
Tucson International Airport / Morris Air National Guard Base (TUS)	97
McCarran International Airport (LAS)	270