Creative Office
1410 W GUADALUPE Road 103, Gilbert, AZ 85233
For Sale
New
$425,000
The suite combines private offices with an open work area and conference space.
Property Size1,190 SF
Days on Market7
Property Features for 1410 W GUADALUPE Road 103
General Information
Standard status
Size
Property subtype
Additional Details
Property Use
Taxes and HOA fees
Annual Taxes
Amenities
accessible restroom
Building Details
Building Size
Year Built
Listing Agency:
eXp Realty
Listed By:
Lisa Miller · License #373262
(480) 215-5568
Source:
Gillettegroupaz
Added: Nov 3
Changed: Nov 7
Last Checked: Nov 8 at 1:26PM
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 eXp Realty
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Investment Insights
Based on property information with market context.
Built in 2006, this creative office suite includes a reception area, two enclosed offices, an open workspace, and a conference area. An accessible restroom serves the suite. Interior finishes include polished concrete flooring, exposed ceilings, track lighting, and large windows that bring in natural light.
A dedicated two-pole equipment circuit remains in place from prior kiln service. Reactivation is subject to HOA approval.
A dedicated two-pole equipment circuit remains in place from prior kiln service. Reactivation is subject to HOA approval.
Key Highlights
- Two private offices, reception, open workspace, and conference area
- Dedicated two‑pole equipment circuit; reactivation requires HOA approval
- Accessible restroom and large windows
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,351
Cap Rate
4.08%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$347,020
$347.0K
Cap Rate 7%
$247,871
$247.9K
Cap Rate 9%
$192,789
$192.8K
Market Conditions
NOI Build-Up for 1,190 SF
Gross rent
$28.7K $24.12/SF
− Vacancy
−$5.6K −$4.68/SF
EGI
$23.1K $19.44/SF
− OpEx
−$5.8K −$4.86/SF
NOI
$17.4K $14.58/SF
Area
Gilbert, AZ
Vacancy
19.40%
Lease Rate
$24.12 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$347,020
Cap Rate 7%
$247,871
Cap Rate 9%
$192,789
Alternative Uses
Best Use
Office B
$247.9K
$216.9K – $289.2K
NOI $17,351 @ 7.0% cap · market cap 4.08%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$312.4K
$273.4K – $364.5K
NOI $21,871 @ 7.0% cap · market cap 5.15%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
573
Businesses Nearby
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Business Placement
Demographics for 85233, AZ
39,006
Population
15,080
Households
2.6
Avg Household Size
37
Median Age
43%
College-Educated
95%
High-School Grad
9.6 sq mi
ZIP Area
4,063
Density / Sq Mi
$105,154
Median Household Income
$55,132
Median Earnings
$1,895
Median Rent
$468,600
Median Home Value
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Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Creative space - The suite combines private offices with an open work area and conference space.
Where is this creative space located?
The property is located at 1410 W GUADALUPE Road 103 Gilbert, AZ.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: Two private offices, reception, open workspace, and conference area; Dedicated two‑pole equipment circuit; reactivation requires HOA approval; Accessible restroom and large windows
