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Deals & Dealmakers

Diversified Partners Announces Sale of Starbucks and Multi-Tenant Retail Building in Gilbert, Ariz.

 Diversified Partners, the leading Scottsdale real estate brokerage and development company, has announced the sale of a Starbucks and multi-tenant, mixed-use retail building at the southeast corner of McQueen Road and Guadalupe Road in Gilbert, Ariz. The stand-alone Starbucks, which features a drive-thru and patio seating, has already opened. The multi-tenant building, which will include Jersey Mikes, Rosie’s Taco Shop and Deca Dental, will open by summer 2022.

The plaza is located next to the McQueen Landing new home development. The intersection features heavy traffic counts of over 55,000 vehicles per day. In addition, it is just 1.5 miles south of the U.S. 60 (Superstition) Freeway, making it easily accessible to even more commuters.

“We are happy to bring four new businesses to the area. With the city growing at such a rapid rate, these businesses will have no problem staying busy. This is largely due to the plaza’s proximity to so many home developments, apartment complexes and commuter hotspots,” said Walt Brown Jr., CEO and founder of Diversified Partners. 

Additionally, the plaza is just north of the McQueen Park Activity Center, making it an easy and convenient stop for busy and tired parents. 

“Over the last five years, Gilbert has transformed into a bustling city full of economic potential. Whether it’s a pick-me-up from Starbucks or a quick bite from Jersey Mikes or Rosie’s Taco shop, this plaza is about to get a lot of traffic,” Brown added. 

For more information and to view all projects in progress, visit www.dpcre.com.

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