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3451 S Mercy Rd 17,611 SF Office Building Gilbert, AZ 85297 $8,915,570 ($506.25/SF) 6.24% Cap Rate
Investment Highlights
- Located adjacent to Dignity Health Mercy Gilbert Medical Center
- 7-Miles from Phoenix-Mesa Gateway Airport, Arizona State University Polytechnic Campus, and Chandler-Gilbert Community College-Williams Campus
- Access to Loop-202 Freeway
- Highly Visible Location
Executive Summary
100% NNN 10 year lease, expires March 31, 2031. Very Strong Tenant.
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
17,611 SF
Building Class
B
Year Built
2016
Price
$8,915,570
Price Per SF
$506.25
Cap Rate
6.24%
NOI
$556,332
Tenancy
Single
Building Height
1 Story
Typical Floor Size
17,611 SF
Building FAR
0.19
Lot Size
2.13 AC
Zoning
C-2, Town of Gilbert - C-2, Commercial Town of Gilbert
Parking
98 Spaces (5.56 Spaces per 1,000 SF Leased)
Amenities
- Air Conditioning
1 1
Property Taxes
| Parcel Number | 304-53-359 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $343,265 |
Property Taxes
Parcel Number
304-53-359
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$343,265
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3451 S Mercy Rd
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