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The Forum at Gilbert Ranch 1472 E Williams Field Rd 3,884 SF Office Building Gilbert, AZ 85295 $1,544,000 ($397.53/SF) 6% Cap Rate
INVESTMENT HIGHLIGHTS
- Close Proximity to Mercy Gilbert Medical Hospital
- Easy Access to the Loop 202 Freeway
- Monument and Building Signage
EXECUTIVE SUMMARY
1472 E Williams Field Rd is a 3,884 SF single-tenant medical office building strategically located in the highly desirable and affluent community of Gilbert, Arizona. The property is situated within the premier The Forum at Gilbert Ranch, a campus of five Class A office and medical buildings featuring modern construction, exceptional glass lines, and both subterranean and covered parking. This offering provides an investor with stable, in-place cash flow from its single tenant, 360 Physical Therapy. As an established, doctor-owned regional operator with multiple locations, this tenant is a synergistic fit for the property and the area’s powerful medical demand, which is anchored by the nearby Dignity Health Mercy Gilbert Medical Center.
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
3,884 SF
Building Class
B
Year Built
2012
Price
$1,544,000
Price Per SF
$397.53
Cap Rate
6%
NOI
$92,640
Tenancy
Single
Building Height
1 Story
Typical Floor Size
3,884 SF
Building FAR
0.34
Lot Size
0.26 AC
Zoning
C-C - Office Building 2 Story
Parking
35 Spaces (9.01 Spaces per 1,000 SF Leased)
AMENITIES
- Food Service
- Restaurant
- Signage
- Outdoor Seating
1 1
Walk Score®
Very Walkable (80)
PROPERTY TAXES
| Parcel Number | 304-42-839 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $2,209,133 |
PROPERTY TAXES
Parcel Number
304-42-839
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$2,209,133
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The Forum at Gilbert Ranch | 1472 E Williams Field Rd
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