Gelato Cimmino Owner Expands Downtown Gilbert Footprint with $9.4 Million Culinary Dropout Building Purchase
Downtown Gilbert just saw another major commercial real estate transaction, and this one involves a name many locals already know.
Mario Cimmino, owner of Gelato Cimmino, has purchased the Culinary Dropout building in the heart of Downtown Gilbert for approximately $9.4 million. The property totals 14,536 square feet and is one of the most recognizable restaurant buildings in the Heritage District.
The purchase further solidifies Cimmino's long-term investment in Downtown Gilbert. In addition to acquiring the Culinary Dropout property, Cimmino and his family also own the building occupied by Gelato Cimmino, which was purchased in 2019 for $1.6 million.
For those wondering if anything will change at Culinary Dropout, the answer is no. Culinary Dropout will remain the tenant and continue operating at the location as normal.
The acquisition is another sign of confidence in Downtown Gilbert's continued growth and popularity as one of Arizona's premier dining and entertainment destinations.
Mario Cimmino's story is one built on entrepreneurship, hard work, and family. Originally from Italy, Cimmino has spent years building businesses in Arizona while staying connected to his Italian roots. His passion for authentic Italian food ultimately led to the creation of Gelato Cimmino, which has become a popular stop for both locals and visitors seeking traditional Italian gelato and desserts. According to a profile published by Voyage Phoenix, Cimmino's business philosophy centers around family, authenticity, and creating memorable experiences for customers.
With ownership of both the Gelato Cimmino property and now the Culinary Dropout building, Cimmino has become one of the notable property owners in Downtown Gilbert's restaurant district.
As Downtown Gilbert continues to attract visitors, restaurants, and investment, this latest acquisition highlights the growing value of commercial real estate in one of the Valley's most sought-after dining destinations.
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