575 Germann RdGilbert, AZ 85297

For Lease
$17.40/SF/YR View listing
  • Flex space
  • 57,585 SF

Property Details for 575 Germann Rd

Year built
2019
Lot size
23.86 AC
Property size (Sq ft)
57,585 SF
Property type
Flex space
APN
304-56-933A
APU
30456933A

Description

This Gilbert, Arizona warehouse offers flexible lease options ranging from 500 to 30,000 square feet, ideal for various business needs. Located at 575 E Germann Rd, 85297, in Maricopa County, this industrial space currently features 47,000 square feet with a mezzanine. The property includes a sophisticated 3PL picking and packing operation equipped with a pick-to-light system and hundreds of open pallet locations. On-site amenities include two forklifts, a kitting area, and a tent designated for semi-clean room operations. The space is suitable for businesses requiring both storage and labor within the warehouse. Note that this is a shared space with no public access. The monthly rental rate is $1.45 per square foot, with a 500-square-foot minimum lease requirement. The property is currently accommodating multiple tenants and is actively seeking additional businesses for growth. Interested parties should inquire for further details and scheduling a tour to view the available space and discuss pricing options.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $11,086,042
    Hospitality
    $10,154,755
    Educational
    $8,448,637
    Medical
    $8,739,199
    Retail
    $13,142,324
575 Germann Rd, Gilbert, Arizona

Location Insight

City
Gilbert
County
Maricopa
State
Arizona
Latitude
33.2764
Longitude
-111.779
CBSA code
38060
CBSA name
PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$475,753
-
-
$9,110,327
-
$8,545,100
$46,669,000
$55,214,100

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