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Property 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. Situated on a signalized hard corner with outstanding frontage and visibility along Gilbert Road, the site enjoys excellent exposure and accessibility.
Full Property Details
Full Property Details for 920 S Gilbert Rd
General
- Price: $1
- Taxes: $16,328 (2025)
- Status: Active
- Type: Commercial Lease
- Source: ARMLS_Arizona_MLS_Phoenix_Area
- MLS ID: 7048078
- Updated: Today (6/29/2026)
- Added to Site: Today
Business
- Business Type: See Remarks, Food Service, Restaurant, Retail
Rental Information
- Complex Features: Other (See Remarks)
Interior
- Flooring: Other
Parking
- Parking Features: Parking Lot, See Remarks, Paved
Location
- County: Maricopa
- Township: 1S
- Subdivision: GILBERT TOWN SQUARE LOT 1
- Cross Streets: S Gilbert Rd & E American Heroes Way
Heating & Cooling
- Cooling Type: See Remarks
- Heating Type: See Remarks
Utilities
- Water: See Remarks
Structural Information
- Structure Type: Other (See Remarks), Commercial
- Exterior Const.: Wood Frame, See Remarks
- Roof: See Remarks
- Year Built: 2002
Lot Features
- Lot Size (Acres): 0.9
- Lot Size (Sq. Ft.): 39,043
- Frontage: Paved
- Lot Features: Corner Lot
- Zoning: C-2
Financial Considerations
- Tax Amount: $16,328
- Tax Year: 2025
- Owner Pays: See Remarks
Disclosures and Reports
- Legal Description: LOT 1A GILBERT TOWN SQUARE LOT 1 MCR 058341
- Property ID: 302-82-970
- Range: 5E
- Section: 24
- Lot Number: 1A
Listed by R.O.I. Properties
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Schools
Schools serving 920 S Gilbert Rd
School District:Gilbert Unified District
| Name | Grades | Distance |
|---|---|---|
Settlers Point Elementary School 423 East Settlers Point Drive, Gilbert, AZ 85296 | PK-6 | 0.6 mi |
Mesquite Jr High School 130 West Mesquite Street, Gilbert, AZ 85233 | 7-8 | 0.9 mi |
Mesquite High School 500 South McQueen Road, Gilbert, AZ 85233 | 9-12 | 2.1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 920 S Gilbert Rd
Date
Details
Price
Change
Source
6/29/2026
Listed
$1
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 920 S Gilbert Rd
920 S Gilbert Road, Gilbert, AZ 85296 (MLS# 7048078) is a Commercial Lease property. 920 S Gilbert Road is currently listed for $1 and was received on June 29, 2026. Want to learn more about 920 S Gilbert Road? Do you have questions about finding other Commercial Lease real estate for sale in Gilbert? You can browse all Gilbert real estate or contact a Coldwell Banker agent to request more information.

