Barrio Queen at Heritage Marketplace – Gilbert, AZ

  • Barrio Queen cover photo
  • Barrio Queen interior photo

Available $2,700,000 10 Years (8 Years Remaining) - Retail - Single Tenant
Cap Rate:  5.55%Size:  4,500 SF Print

 Investment Offering & Highlights

  • Single-tenant NNN ten year original lease with eight years remaining, the existing rental rate of $33/SF NNN escallates in May of 2020 to $36/SF NNN Proven highly successful multi-location restaurant concept
  • 25 year (23+ years remaining) absolute net lease
  • Prominent frontage along Gilbert Road
  • The timeless design, quality construction and trophy location of Heritage Marketplace–coupled with the most desirable surrounding demography–ensure tremendous stability and longevity to the investor

Property Description

A 4,500± sq. ft. BARRIO QUEEN restaurant located in a trophy mixed-use retail/restaurant/office project located in the heart of Downtown Gilbert’s Heritage District.

Located in the Heritage District within the Town of Gilbert–a unique 3-block historical, urban environment packed with hip restaurants and shops and entertainment venues.  The Heritage District is one of a handful of truly ‘elite’ walkable entertainment hubs in the metro Phoenix area.

  • Offering Memorandum

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Additional Details

  • Price: $2,700,000
  • Cap Rate: 5.55%
  • Year Built: 2015-2016
  • Building Size: 4,500 SF
  • Status: Available
Property Location