Phoenix · Commercial sale

SE NG Gilbert Transitory buys 1655 E Elliot Rd in Gilbert for $56.13 million

An industrial property at 1655 E Elliot Rd, Gilbert sold for $56,128,000 on August 18, 2026. See the seller and buyer net sheets for this sale.

Aerial view of 1655 E Elliot Rd, Gilbert with the parcel outlined
Aerial photo: U.S. Geological Survey. Parcel outline: Maricopa County Assessor. The photo can predate the sale.
Sale price
$56,128,000
Sold
August 18, 2026
Property type
Industrial property
Lot size
409,927 sq ft
Year built
2023

An industrial property at 1655 E Elliot Rd in Gilbert sold for $56,128,000, a price 2.8 times the market value of $20,099,700 that the Maricopa County Assessor's records carry for it.

The sale took place on August 18, 2026, according to the Maricopa County Assessor's parcel records.

The record lists SE NG Gilbert Transitory LLC as the buyer.

The Assessor's records show a 2023 construction date and a 9.41-acre lot. An aerial photo of the property shows that it sits at a street corner.

What this sale costs to close

What does closing cost at this price? Under Maricopa County custom the seller's larger charges are $102,205.40 for the owner's title insurance policy and $650 for the escrow fee. The seller's estimated net is $55,812,885 before brokerage commissions and any loan payoff. A cash buyer would need about $55,916,470 at closing.

Customize this net sheet

1655 E Elliot Rd, Gilbert, AZ.

Source: Maricopa County Assessor parcel records, document 20260488587. Property details: Maricopa County Assessor. Net sheets are estimates from the NetSheet.org rules engine, not the parties' actual closing statements. Request a correction or removal.

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