Forum at Gilbert Ranch

Location: Gilbert, AZ
Type: Retail
Price: $5,000,000

SMC has provided a $5,000,000 ten-year fixed rate mortgage for the refinance of Forum at Gilbert Ranch, a 25,919 SF shopping center located in Gilbert, Arizona. Built in 2008, the property is currently 100% leased to a mix of regional and local tenants consisting of both service and food uses. Adjacent non-collateral outparcels include a Raising Cane’s Chicken Fingers and a newly constructed Starbuck’s Coffee. Forum at Gilbert Ranch is centrally located in the region, approximately 30 miles southeast of the Phoenix CBD, and well positioned along South Val Vista Dr (14,900 VPD) and East Williams Field Road (14,000 VPD), which is the main retail corridor connecting to the Santan 202 Freeway.