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450 S Gilbert Rd
Chandler, AZ 85225
Fresenius Kidney Care · Office Property For Sale

Investment Highlights

  • LONG-TERM LEASE WITH ANNUAL INCREASES- New 15-year lease term with 1.7% annual rent increases
  • $12+ BILLION NET WORTH LEASE GUARANTOR- Fresenius Medical Care Holdings reported a 2018 net worth of $12.174 Billion
  • CLOSE PROXIMITY TO THREE MAJOR HOSPITALS- Located within 6 miles of Mercy Gilbert Medical Center, a 198-bed hospital
  • NEW CONSTRUCTION- 2019 build-to-suit kidney dialysis facility
  • PHOENIX MSA – 10th LARGEST METRO AREA IN UNITED STATES- Located in the Phoenix MSA, which is the 10th largest metro area in the United States
  • EXCELLENT LOCATION ON GILBERT ROAD- Positioned on Gilbert Road, a major arterial connecting the cities of Chandler, Gilbert, and Mesa

Property Facts

Property Type
Office
Property Subtype
Medical
Building Size
13,797 SF
Building Class
B
Year Built
2019
Tenancy
Single
Building Height
1 Story
Typical Floor Size
13,797 SF
Building FAR
0.16
Lot Size
2.01 AC
Zoning
PAD
Parking
69 Spaces (0 Spaces per 1,000 SF Leased)

Property Taxes

Property Taxes

Parcel Number
303-01-956
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$418,777
  • Listing ID: 21414130

  • Date on Market: 11/4/2020

  • Last Updated:

  • Address: 450 S Gilbert Rd, Chandler, AZ 85225

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