Leased Medical Office
1482 E Williams Field Rd Ste 101 & 104 Gilbert, AZ 85295
New
For Sale
$2,605,420
Two fully leased office suites within The Forum @ Gilbert Ranch, offered together or separately for sale.
Property Size6,015 SF
Price / SF$433.15
Days on Market2
Property Features for 1482 E Williams Field Rd Ste 101 & 104
General Information
- Standard status
- Active
- Size
- 6,015 SF
- Property subtype
- Office
Building Details
- Year Built
- 2008
Listing Agency:
Commercial Properties Inc.
(602) 561-1339
Listed By:
Matt Zaccardi · License #SA584155000
(602) 561-1339
Source:
Cpiaz
Added: Jul 23
Changed: Jul 24
Last Checked: Jul 24 at 6:42AM
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 Commercial Properties Inc.
Investment Insights
Based on property information with market context.
CPI presents the opportunity to acquire two commercial condominiums at 1482 E Williams Field Rd: Suites 101 and 104. The offering totals 6,015 SF and is available for purchase together as a single portfolio or separately, subject to individual pricing details provided by the listing agent.
The suites are located within The Forum @ Gilbert Ranch in Gilbert, Arizona. The property is described as fully leased, with long-term commitments from two established local tenants, including AZ Pediatric Assessment Center.
Suites 101 and 104 provide acquisition flexibility for buyers seeking a stabilized office asset with existing tenant occupancy.
The suites are located within The Forum @ Gilbert Ranch in Gilbert, Arizona. The property is described as fully leased, with long-term commitments from two established local tenants, including AZ Pediatric Assessment Center.
Suites 101 and 104 provide acquisition flexibility for buyers seeking a stabilized office asset with existing tenant occupancy.
Key Highlights
- Two premium commercial condominium office suites (Suites 101 & 104) totaling 6,015 SF
- Year built: 2008
- Both suites are fully leased with long‑term commitments from an established local tenant, AZ Pediatric Assessment Center
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $145.1k | $24.12 |
| − Vacancy | −$28.1k | −$4.68 |
| EGI | $116.9k | $19.44 |
| − OpEx | −$29.2k | −$4.86 |
| NOI | $87.7k | $14.58 |
6,015 SF · lease $24.12/SF/yr · vacancy 19.40% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.25M
$1.10M – $1.46M
NOI $87,702 @ 7.0% cap · market cap 3.37%
Second Best
Healthcare Medical
$1.17M
$1.02M – $1.36M
NOI $81,852 @ 7.0% cap · market cap 3.14%
Theoretical Best
Office A
$1.58M
$1.38M – $1.84M
NOI $110,547 @ 7.0% cap · market cap 4.24%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Great American Title ...
Title Company
Arizona Pediatric Assessment ...
Physician
Choulet Wellness: Scottsdale ...
Physician
Sleep Clinic AZ
Medical Clinic
Advanced Plastic Surgery ...
Medical Clinic
FAQs
What type of property is this?
Office units - Two fully leased office suites within The Forum @ Gilbert Ranch, offered together or separately for sale.
Where is this office units located?
The property is located at 1482 E Williams Field Rd Ste 101 & 104 Gilbert, AZ.
What is the asking price?
The asking price for this property is $2,605,420.
What are key features of this property?
This property features: Two premium commercial condominium office suites (Suites 101 & 104) totaling 6,015 SF; Year built: 2008; Both suites are fully leased with long‑term commitments from an established local tenant, AZ Pediatric Assessment Center
