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Western Skies Village Center 1534 E Ray Rd
3,124 - 6,527 SF of Retail Space Available in Gilbert, AZ 85296
Highlights
- End-Cap Retail (Suite 101) & Fully Equipped Restaurant (Suite 110) Available in Gilbert, Arizona
- Close Proximity to Loop-202, SanTan Village Marketplace, and Dignity Health Mercy Gilbert Medical Center (212 beds)
- Shadow-Anchored by Dunn Edwards, Discount Tire, and Circle K
- Affluent Trade Area with High Average Household Incomes ($162,048 w/in 3 mile radius)
Space Availability (2)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 101 | 3,124 SF | Negotiable | $34.02 CAD/SF/YR $2.83 CAD/SF/MO $366.18 CAD/m²/YR $30.52 CAD/m²/MO $8,856 CAD/MO $106,276 CAD/YR | Triple Net (NNN) | ||
| 1st Floor, Ste 110 | 3,403 SF | Negotiable | $39.69 CAD/SF/YR $3.31 CAD/SF/MO $427.21 CAD/m²/YR $35.60 CAD/m²/MO $11,255 CAD/MO $135,062 CAD/YR | Triple Net (NNN) |
1534 E Ray Rd - 1st Floor - Ste 101
- Lease rate does not include utilities, property expenses or building services
- Highly Desirable End Cap Space
- End-Cap Retail Space
1534 E Ray Rd - 1st Floor - Ste 110
- Lease rate does not include utilities, property expenses or building services
- Highly Desirable End Cap Space
- Fully Equipped Restaurant
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS FOR 1534 E Ray Rd , Gilbert, AZ 85296
| Center Type | Neighborhood Center | Gross Leasable Area | 58,628 SF |
| Parking | 115 Spaces | Total Land Area | 9.89 AC |
| Stores | 16 | Year Built | 2002 |
| Center Properties | 5 | Cross Streets | E Ray Rd |
| Frontage |
| Center Type | Neighborhood Center |
| Parking | 115 Spaces |
| Stores | 16 |
| Center Properties | 5 |
| Frontage | |
| Gross Leasable Area | 58,628 SF |
| Total Land Area | 9.89 AC |
| Year Built | 2002 |
| Cross Streets | E Ray Rd |
About the Property
Two retail spaces available for lease in affluent neighborhood of Gilbert, Arizona. End-Cap Retail and Fully Equipped Restaurant.
- Signalized Intersection
Nearby Major Retailers
-
Mary Nollenberger -
Nicole Ridberg -
ORION Investment Real Estate
Presented by
Western Skies Village Center | 1534 E Ray Rd
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