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    3275 Mercy Rd Gilbert, AZ 85297

    For Lease
    $35 SF/Yr

    Class A Medical Office Space Available

    Lot size:
    68,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional Class A medical office building, totaling 68,000 square feet, presents a unique investment opportunity in Gilbert, Arizona. Located at 3275 Mercy Rd, 85297, this three-story building boasts a prime location directly across from Dignity Health's Mercy Gilbert Hospital Campus, ensuring high visibility and convenient access for patients and staff. The property sits on a 2.32-acre lot and offers ample parking with a 5.5 spaces per 1,000 square feet ratio, including both surface and covered options. The building is currently multi-tenant, with a total of three suites. Significant space is available, ranging from a minimum of 2,794 square feet to a maximum contiguous space of 22,331 square feet, totaling 46,041 square feet of vacant space. This presents an excellent opportunity for expansion or new tenancy within a thriving medical community. The building's high-quality construction and desirable location make it an ideal choice for medical practices seeking a prestigious and accessible address. The property is classified as a Class A building in Maricopa County, Arizona, reflecting its superior construction and amenities. This is a rare opportunity to acquire a substantial and well-situated medical office building in a rapidly growing market.

    Property Features for 3275 Mercy Rd

    General Information

    Property type
    Medical offices
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    68,000 SF
    Class
    A
    Total Rate
    198333.33

    Building Details

    Stories
    3

    Unit(s) available at that property

    Space
    1st Floor
    Size
    9,500 SF
    Rate per SF
    $35
    Space
    3rd Floor
    Size
    22,131 SF
    Rate per SF
    $35
    Space
    2nd Floor
    Size
    14,210 SF
    Rate per SF
    $35
    Space
    2nd Floor Suite 202
    Size
    3,521 SF
    Rate per SF
    $35
    Space
    2nd Floor Suite 203
    Size
    3,311 SF
    Rate per SF
    $35
    Space
    2nd Floor Suite 204
    Size
    4,584 SF
    Rate per SF
    $35
    Space
    2nd Floor Suite 205
    Size
    2,794 SF
    Rate per SF
    $35

    HighLights

    • Modern design enhances medical practice image and branding.
    • Suitable for all medical uses.
    • High‑visibility Mercy Rd frontage with excellent signage opportunities.
    • Convenient access for patients and staff.
    Property Profile Location Intelligence

    Current Use by Public Records

    Medical offices

    Suggested Use

    Restaurant Law Firm Realty agency Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Gilbert
    County
    Maricopa
    State
    Arizona
    Longitude
    -111.7461816
    Latitude
    33.2910901

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    FAQs

    What type of property is this?
    Medical office - Class A Medical Office Space Available
    Where is this medical office located?
    The property is located at 3275 Mercy Rd Gilbert, AZ.
    What is the lease rate?
    The lease rate is $35 SF/Yr.
    What are key features of this property?
    This property features: Modern design enhances medical practice image and branding.; Suitable for all medical uses.; High-visibility Mercy Rd frontage with excellent signage opportunities.
    Request Owner's contact information
    3275 Mercy Rd Gilbert, AZ 85297
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    Gilbert, AZ 85297
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3275 Mercy Rd Gilbert, AZ 85297
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