Office Suite with Open Office
For Sale
Contact for pricing
1757 E Baseline Rd, Gilbert, AZ 85233
Office suite featuring a reception area, multiple bull pen/open work spaces, offices, a conference room, and restrooms.
Property Size1,813 SF
Price / SF$397.13
Days on Market70
Property Features for 1757 E Baseline Rd
General Information
Standard status
Active
Size
1,813 SF
Property subtype
OFFICE
Listing Agency:
Commercial Properties Inc
(480) 966-2301
Listed By:
Paul Woods · License #SA630241000
Source:
Moodyscre
Added: May 23
Changed: Jul 30
Last Checked: Jul 30 at 2:14PM
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.
This office suite at 1757 E Baseline Rd in Gilbert includes a reception area, two offices, and one conference room. The layout also features multiple bull pen/open office spaces, providing flexible workspace configurations for teams and day-to-day collaboration.
The suite is supported by two restrooms and a kitchen, making it practical for daily office operations. With approximately 1,813 square feet of space, it offers a mix of private room areas and open work areas designed for functional office use.
Overall, the space is configured to balance client-facing arrival with enclosed offices and meeting capability, while also maintaining room for open office staff work within the bull pen/open office environments.
The suite is supported by two restrooms and a kitchen, making it practical for daily office operations. With approximately 1,813 square feet of space, it offers a mix of private room areas and open work areas designed for functional office use.
Overall, the space is configured to balance client-facing arrival with enclosed offices and meeting capability, while also maintaining room for open office staff work within the bull pen/open office environments.
Key Highlights
- Approximately 1,813 SF office suite
- Reception area plus two offices
- One conference room
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 | $43.7k | $24.12 |
| − Vacancy | −$8.5k | −$4.68 |
| EGI | $35.2k | $19.44 |
| − OpEx | −$8.8k | −$4.86 |
| NOI | $26.4k | $14.58 |
1,813 SF · lease $24.12/SF/yr · vacancy 19.40% · expense 25.00%
Alternative Uses
Best Use
Office B
$377.6K
$330.4K – $440.6K
NOI $26,435 @ 7.0% cap · market cap 3.67%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$476.0K
$416.5K – $555.3K
NOI $33,320 @ 7.0% cap · market cap 4.63%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
932
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
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Office units - Office suite featuring a reception area, multiple bull pen/open work spaces, offices, a conference room, and restrooms.
Where is this office units located?
The property is located at 1757 E Baseline Rd Gilbert, AZ.
What is the asking price?
The asking price for this property is $720,000.
What are key features of this property?
This property features: Approximately 1,813 SF office suite; Reception area plus two offices; One conference room
