Remodeled Office Condominium
For Sale
$2,750,000
725 W Elliot Rd, Gilbert, AZ 85233
Remodeled office condominium with high-end finishes and available vacant space alongside executive suite tenants.
Property Size5,102 SF
Days on Market93
Property Features for 725 W Elliot Rd
General Information
Standard status
Active
Size
5,102 SF
Class
B
Property subtype
Office
Building Details
Building Size
5,102 SF
Listing Agency:
The Menlo Group Commercial Real Estate
Listed By:
Grafton Milne, SIOR, CCIM · License #BR584594000
(480) 282-3089
Source:
Menlocre
Added: Jul 28
Changed: Oct 25
Last Checked: Oct 28 at 7:05AM
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 The Menlo Group Commercial Real Estate
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Investment Insights
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This office condominium is located within Ventura Professional Village and includes professional office build-out. The property has been newly remodeled with high-end finishes throughout. Approximately 1,500 square feet is vacant, offering flexibility for an owner-user or a potential owner sale/leaseback scenario.
In addition to the vacant space, full-service leases are in place for executive suite tenants occupying approximately 3,602 square feet. Building and suite signage are available, and parking is provided at a 3.92 per 1,000 square feet ratio with covered parking. The property benefits from easy access to US-60, Loop 101, and South Loop 202, near the cross-streets of W Elliot Rd and N Cooper Rd, with business and retail amenities nearby.
For buyers seeking an in-place income component with value-add considerations, the current leasing structure plus available space may support a range of ownership strategies.
In addition to the vacant space, full-service leases are in place for executive suite tenants occupying approximately 3,602 square feet. Building and suite signage are available, and parking is provided at a 3.92 per 1,000 square feet ratio with covered parking. The property benefits from easy access to US-60, Loop 101, and South Loop 202, near the cross-streets of W Elliot Rd and N Cooper Rd, with business and retail amenities nearby.
For buyers seeking an in-place income component with value-add considerations, the current leasing structure plus available space may support a range of ownership strategies.
Key Highlights
- Newly remodeled office condominium with high‑end finishes throughout
- +/- 1,500 SF vacant for owner/user use or potential owner sale/leaseback
- Includes +/- 3,602 SF leased with full‑service leases and executive suite tenants
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
349
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?
Office unit - Remodeled office condominium with high-end finishes and available vacant space alongside executive suite tenants.
Where is this office unit located?
The property is located at 725 W Elliot Rd Gilbert, AZ.
What is the asking price?
The asking price for this property is $2,750,000.
What are key features of this property?
This property features: Newly remodeled office condominium with high‑end finishes throughout; +/- 1,500 SF vacant for owner/user use or potential owner sale/leaseback; Includes +/- 3,602 SF leased with full‑service leases and executive suite tenants
