715 N Gilbert Rd - Medical FOR SALE


Mesa, AZ 85203- Central Mesa
$1,500,000 USD
480-516-2046
715 N Gilbert Rd, Mesa, AZ for Sale
$1,500,000 USD
Medical - FOR SALE
1/14
null | 8.65% Cap Rate

715 N Gilbert Rd
Mesa, AZ 85203
Central Mesa


OVERVIEW

This is an exceptional opportunity to acquire a 7,212 SF freestanding professional office and/or medical building on 0.65 acres in the highly desirable Mesa market. The property is zoned OC (Office Commercial). The building features a flexible layout, currently configured as Two Suites (with separate entrances) connected by a shared hallway. Inside, you'll find 15 Built Private Offices with the option to add more, Multiple Bullpen/Gathering Areas, a Designated Conference Room, six (6) Total Restrooms, and a Large Break Room/Kitchen. Exterior amenities include an Outdoor Patio Area, 30 Parking Spaces (8 covered), and highly visible Monument Signage on Gilbert Road. For an investor, the property is being offered at an 8.65% Cap Rate at the current offering price. The investment thesis is strengthened by the potential to structure a Brand New Triple Net Lease at the close of escrow. The prospective tenant is a Licensed Provider for the Division of Developmental Disabilities (DDD) Program in Arizona with a record of strong financials and multiple locations throughout the state. Furthermore, the new buyer has the unique flexibility to draft their own Lease Agreement. Alternatively, the property is available for an Owner/User and is ready for Immediate Occupancy. This property offers significant upside for either an investor seeking strong, stable cash flow or an owner/user looking for a well-located, professional facility with ready-to-use infrastructure.

FOR SALE DETAILS

PRICE

$1,500,000 USD

PRICE/SF

$208 USD /SF

CAP RATE

8.65%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1985

SPRINKLERS

-

PARKING SPACES

28

LAND DETAILS

LAND ACRES

0.65 AC

LAND SF

28,314 SF

ZONING

OC, Mesa

APN/PARCEL ID

140-09-409,140-09-410,140-09-411B

ASK ABOUT THIS PROPERTY

480-516-2046

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480-516-2046

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