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E Melrose St & S Rome St, Gilbert, AZ 85297

Medical/Office condos divisible by 5,000 to 20,000 SF.

Property Size20,000 SF
Days on Market1108

Property Features for E Melrose St & S Rome St

General Information

Standard status Active
Size 20,000 SF
Class A
Property subtype Office

Building Details

Year Built 2024
Stories 1
Units 11
Listing Agency: Cushman & Wakefield - Phoenix, Arizona
Listed By: Erika Eckblad · License #AZ 680616000
Source: Crexi
Added: Aug 29, 2023 Changed: Sep 8 Last Checked: Sep 9 at 5:59AM

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 Cushman & Wakefield - Phoenix, Arizona

Investment Insights

Based on property information with market context.

Located at the southeast corner of Melrose Street and Rome Street, this property features 10 medical/office condos available for sale. The condos are divisible by 5,000, 10,000, 15,000, and 20,000 square feet, making them suitable for medical or office owner-occupants. The location is near Mercy Gilbert Medical Center, with no use restrictions imposed by the hospital. A wide range of retail amenities are located nearby. The property offers convenient access to Loop 202 at Val Vista. All condos are single-story, with a low load factor and easy access for visitors and patients. Construction is currently underway, with an estimated delivery date of August 2026.

Key Highlights

  • Divisible medical/office condos ideal for owner‑occupants.
  • Close proximity to Mercy Gilbert Medical Center with no use restrictions.
  • Easy access to Loop 202 at Val Vista.

Property Analytics

Current Use

Medical Office Space

Location Intelligence

Trade Area within ½ mile

269
Businesses Nearby
Under-served
Demand for This Use

Demographics for 85297, AZ

36,076
Population
11,146
Households
3.2
Avg Household Size
33
Median Age
45%
College-Educated
99%
High-School Grad
10.7 sq mi
ZIP Area
3,372
Density / Sq Mi
$132,684
Median Household Income
$59,991
Median Earnings
$2,083
Median Rent
$559,200
Median Home Value

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
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Frequently Asked Questions

What type of property is this?
Medical Office Space - Medical/Office condos divisible by 5,000 to 20,000 SF.
Where is this medical office space located?
The property is located at E Melrose St & S Rome St Gilbert, AZ.
What are key features of this property?
This property features: Divisible medical/office condos ideal for owner‑occupants.; Close proximity to Mercy Gilbert Medical Center with no use restrictions.; Easy access to Loop 202 at Val Vista.
(602) 224-4451 Call to check price and availability
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