920 S GILBERT Road, Gilbert, AZ 85296

$2,800,000
Property Type: Comm/Industry Sale Square Footage: 4,022 Lot Size (sq. ft.): 39,043 Status: Active
Current Price: $2,800,000 List Date: 8/20/2026 Last Modified: 10/12/2026

Overview

Description

Located in the heart of Gilbert, 920 S Gilbert Road--a former IHOP and second-generation restaurant building constructed in 2002--offers an exceptional opportunity for restaurant operators seeking a premier location in one of the Valley's most desirable trade areas. Surrounded by strong demographics and a vibrant mix of retail, office, residential, and civic uses, the property benefits from its proximity to Gilbert Town Square, the Gilbert Civic Center, local schools, and numerous Class A multifamily communities.

Listing Details MLS# 7048080

Location, Tax & Legal

House Number
920
Compass
S
Street Name
GILBERT
St Suffix
Road
City/Town Code
Gilbert
State/Province
AZ
Zip Code
85296
Zip4
3434
Country
US
County Code
Maricopa
Subdivision
GILBERT TOWN SQUARE LOT 1
Assessor Number
302-82-970
Tax Year
2025

Contract Info

Ownership
Fee Simple

General Property Description

Ttl Apx SqFt Bldg
4022
# of Buildings
Yes
Year Built
2002
Uncvrd Parking Spcs
55
Zoning
C-2

Remarks Misc

Cross Street
S Gilbert Rd & E American Heroes Way
Directions
From US 60 (Superstition Freeway), exit at Gilbert Road and head south approximately 0.8 miles. The property is located on the east side of Gilbert Road, just south of Warner Road, directly across from the Gilbert Civic Center.

Legal Info

Township
1S
Range
5E
Section
24
Lot Number
1A

Showing Notification Methods

Showing Service
No Showing Service Used

More Information

Contact Info

List Agent Home Phn
602-881-4724
List Agent Hme Phn 2
602-881-4724
List Agent Cell Phn2
602-881-4724

Property Features

Building Type: Commercial; Other (See Remarks) Business Type: Restaurant; Retail; Food Service; See Remarks Construction: Wood Frame; See Remarks Roofing: See Remarks Floors: Other Ceiling Height: 8.1 Feet to 10 Feet Heating: See Remarks Cooling: See Remarks Loading Facilities: Other (See Remarks) Interior Features: Other (See Remarks) Exterior: Corner Lot; Dual Street Ftg; Other (See Remarks) Fencing: See Remarks Building Features: Other (See Remarks) Parking Features: Parking Lot; Paved; See Remarks Road Access Type: City Street Road Responsibility: City Maintained Road Electric: Other (See Remarks) Gas: Other (See Remarks) Water Source: See Remarks Sewer: See Remarks Railroad: Other (See Remarks) New Financing: Other (See Remarks) Showing Notification Methods: Text; Email; Phone Call Lockbox Type: See Private Remarks Source of Fincl Data: Other (See Remarks) Traffic Count: 25,001 to 35,000 Use Restrictions: Other (See Remarks) Environmental: Other (See Remarks)
IDX
Listing Office: R.O.I. Properties
Office Phone: 602-319-1326
Office Email: bethjozeitzer@roiproperties.com
Last Updated: October - 12 - 2026
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