Office Unit with Equipment
1410 W Guadalupe Rd Unit 103, Gilbert, AZ 85233
For Sale
$425,000
A flexible work area combines private offices with conference space and an accessible restroom.
Property Size1,190 SF
Price / SF$357.14
Days on Market12
Property Features for 1410 W Guadalupe Rd Unit 103
General Information
Standard status
Size
Property subtype
Additional Details
Utilities to Site
Property Use
Building Details
Year Built
Listing Agency:
eXp Realty
Listed By:
Lisa Miller · License #373262
(480) 215-5568
Source:
Phoenixhomehunter
Added: Oct 29
Changed: Nov 8
Last Checked: Nov 8 at 6:41AM
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.
This 1,190-square-foot office unit, built in 2006, has a reception area, two private offices, and an open work and conference area. An accessible restroom serves the suite. Polished concrete flooring, exposed ceilings, track lighting, and large windows shape the interior. A dedicated two-pole equipment circuit remains in place and may be reactivated with HOA approval.
Key Highlights
- 1,190‑square‑foot office unit
- Reception area, two private offices, and open work and conference area
- Accessible restroom
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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Property Analytics
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Current Use
Lease Details
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
573
Businesses Nearby
Explore this area
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
Properties on Market for Office Units in Gilbert
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Office unit - A flexible work area combines private offices with conference space and an accessible restroom.
Where is this office unit located?
The property is located at 1410 W Guadalupe Rd Unit 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: 1,190‑square‑foot office unit; Reception area, two private offices, and open work and conference area; Accessible restroom
