Gilbert Culinary Dropout property sells for $9.4M

Sale includes restaurant and pavilion space

It will be business as usual for Culinary Dropout in the Heritage District, just with a landlord who also is a neighbor.

Independent Newsmedia/Tom Blodgett

An entity tracing to Mario Cimmino purchased Culinary Dropout in Gilbert on June 3, 2026, for $9.4 million, according to commercial real-estate website vizzda.com.

Cimmino, owner of Cimmino Gelato next door, financed the acquisition with a $3.6 million down payment and $5.8 million in new debt from Standard Insurance Co. The loan matures July 1, 2051.

The seller is an entity tracing to Common Bond Development Group. Brian M. Frakes is listed as a contact.

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