What the $26M SanTan Village Sale Means for Gilbert Real Estate


When seven retail buildings at SanTan Village changed hands for $26.25 million, it became one of Gilbert’s most notable commercial transactions of 2025. Beyond the impressive number, the sale reflects the continued strength and desirability of the East Valley as both a retail and residential powerhouse.
A Closer Look at the Sale
The property spans 9.03 acres at the northwest corner of Market Street and SanTan Village Parkway, a prime location surrounded by some of the East Valley’s best shopping and dining.
Over the past decade, this portfolio has shown remarkable appreciation:
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2012: Sold for approximately $9.8 million
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2017: Sold for $17.95 million
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2025: Sold for $26.25 million
Current tenants include Van’s Golf Shop, Spencer’s TV & Appliances, East Valley Golf Carts, and Creative Leather Furniture. All are staying in place, indicating a healthy tenant mix and continued retail demand.
This consistent growth confirms what many already know: investors see Gilbert as a stable, high-value market with strong fundamentals and long-term upside.
Implications for the Gilbert Real Estate Market
1. Strengthening Investor Confidence
A sale of this size highlights Gilbert’s reputation as a secure and profitable market. With its expanding population, solid employment base, and high median incomes, the city continues to attract large-scale investors. That confidence often spills over into the residential side, supporting steady appreciation for homeowners.
2. A Boost for Sellers
Commercial success often sparks increased residential interest. When businesses commit to long-term leases, nearby neighborhoods tend to thrive.
For sellers, this means your property benefits from higher demand and better visibility. Homes near SanTan Village and the Loop 202 corridor are especially well-positioned for continued growth in value.
3. Rising Demand from Buyers
Gilbert remains one of the East Valley’s most desirable areas. As new retail and job opportunities emerge, more buyers are drawn to the lifestyle, convenience, and community atmosphere. This creates upward pressure on housing demand, particularly in areas like 85295 and 85297.
4. A Balanced and Resilient Market
The transaction also underscores Gilbert’s economic diversity. With both residential and commercial sectors performing strongly, the local market is less vulnerable to national slowdowns. This balance helps maintain healthy property values and consistent growth over time.
Looking Ahead: What’s Next for Gilbert
The East Valley continues to capture the attention of developers, investors, and families alike. Expect to see more mixed-use projects blending retail, dining, and residential living. Gilbert’s strong community planning and infrastructure make it an ideal environment for these forward-thinking developments.
As the city continues to expand, both commercial and residential real estate are set to benefit from sustained population growth, rising consumer spending, and strong investor confidence.
Key Takeaways for Buyers, Sellers, and Investors
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Homeowners: Increased retail activity adds stability and long-term value to surrounding neighborhoods.
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Buyers: Entering the Gilbert market early positions you to gain from future appreciation and lifestyle benefits.
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Investors: Whether residential or commercial, Gilbert remains one of Arizona’s most strategic and reliable markets.
Thinking About Buying or Selling in Gilbert?
If this sale has you wondering what your home or investment property might be worth, now is the perfect time to explore your options. I’d love to provide you with a personalized market analysis and walk you through how today’s trends could work in your favor.
Call or text me today to start the conversation.
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