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Medical Office with Monument Signage
For Lease
$4,875/Mo

116-428 S Gilbert Rd, Gilbert, AZ 85234

The space is currently configured for medical office use and offers monument signage on Gilbert Road.

Space SizeContact for details
Days on Market18

Property Features for 116-428 S Gilbert Rd

General Information

Standard status Active

Additional Details

Space Use Medical Office
Currently Operating Yes

Taxes and HOA fees

Annual Taxes $3,519

Amenities

monument signage
Listing Agency: HomeSmart Premier
Listed By: Gustavo Salas Lopez · License #SA672154000
Source: Exprealty
Added: Oct 8 Changed: Oct 25 Last Checked: Oct 25 at 2:34AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of HomeSmart Premier

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Investment Insights

Based on property information with market context.

This medical office space is currently in use as a medical office and has monument signage available. Its location on Gilbert Road places it three minutes from Gilbert’s Heritage District, with Dignity Health AZ General Hospital seven minutes away and Banner Gateway Medical Center a 13-minute drive. Dignity Health Mercy Gilbert Medical Center is a 15-minute drive from the property.

Gilbert Road has a reported daily traffic count of 20,867. The property is also described as being near shopping, dining, entertainment, and medical amenities.

Key Highlights

  • Currently used as a medical office
  • Monument signage available
  • Located on Gilbert Road, with a reported daily traffic count of 20,867

Property Analytics

Current Use

Medical Office Space

Suggested Use

Top Pick Law Firm (Bike/Boat/Book/etc) Store Big Box & Wholesale Store Daycare Center Locksmith Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,120
Businesses Nearby
Balanced
Demand for This Use

Demographics for 85234, AZ

51,051
Population
17,488
Households
2.9
Avg Household Size
36
Median Age
46%
College-Educated
96%
High-School Grad
11.9 sq mi
ZIP Area
4,290
Density / Sq Mi
$118,012
Median Household Income
$54,080
Median Earnings
$1,971
Median Rent
$488,600
Median Home Value

Market

Lease Benchmarks for Gilbert, AZ

$26.39 /SF/Yr
Avg Asking Price
$9.94–$36 /SF/Yr
Price Range
12,706 SF
Avg Space Size

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025

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Frequently Asked Questions

What type of property is this?
Medical Office Space - The space is currently configured for medical office use and offers monument signage on Gilbert Road.
Where is this medical office space located?
The property is located at 116-428 S Gilbert Rd Gilbert, AZ.
What is the lease rate?
The lease rate is $4,875/Mo.
What are key features of this property?
This property features: Currently used as a medical office; Monument signage available; Located on Gilbert Road, with a reported daily traffic count of 20,867
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