Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    37200 Gantzel Rd San Tan Valley, AZ 85140

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Prime San Tan Valley medical space.

    Lot size:
    60,000 SF

    Property Features for 37200 Gantzel Rd

    General Information

    Property type
    Medical Office Space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    60,000 SF
    Class
    A
    Total Rate
    145000

    Building Details

    Year Built
    2019
    Stories
    3

    Spaces For Lease

    at 37200 Gantzel Rd, San Tan Valley, AZ 85140 Contact us
    Unit Suite 225

    $29 /Mo

    Size
    1,809 SF
    Contact us
    Unit Suite 220

    $29 /Mo

    Size
    1,593 SF
    Contact us
    Unit Second Floor

    $31 /Mo

    Size
    6,841 SF
    Contact us

    We can help!

    Listing Contact
    Margaret Lloyd
    Margaret Lloyd

    Listing Agency: Plaza Companies Listing Agent: Margaret Lloyd

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    This exceptional Class A medical office building, totaling 60,000 square feet, presents a unique investment opportunity in the thriving San Tan Valley, Arizona market. Located on the Banner Ironwood Medical Center campus at 37200 N Gantzel Rd, 85140, this three-story building offers immediate access to a robust patient base and a highly desirable medical environment. Built in 2019, the property boasts ample parking with a generous 5.4 spaces per 1,000 square feet, including covered reserved parking for added convenience. Currently, there are multiple suites available, ranging from a minimum of 1,593 square feet to a maximum contiguous space of 6,841 square feet, totaling 10,243 square feet of vacant space. The building's modern design and prime location make it an ideal setting for a variety of medical practices. This is a rare chance to secure space in a high-demand, established medical center campus, offering excellent visibility and accessibility. The property's strategic location within the rapidly growing San Tan Valley ensures strong potential for long-term growth and return on investment. Don't miss this opportunity to establish or expand your medical practice in this premier location.
    Property Profile Location Intelligence

    Current Use by Public Records

    Sonoran Surgical: Colorectal ... Medical Clinic Dr Dashant S ... Physician Bradley Newswander, DPM, ... Physician CVAM Medical Clinic Dr David Bell- ... Physician

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    San Tan Valley
    County
    Pinal
    State
    Arizona
    Longitude
    -111.5635117
    Latitude
    33.2143626

    Nearby Similar for Lease

    • Contact for pricing
      3,500 SF

      Retail Space in Growing Community

      Retail space available in fast-growing San Tan Valley, Arizona.
      4091 W Hunt Hwy, San Tan Valley, AZ 85143
      View Details
    • Contact for pricing
      10,000 SF

      Retail Space in Growing Community

      Retail space available in rapidly growing San Tan Valley, Arizona.
      4144 Eli Dr, San Tan Valley, AZ
      View Details
    • Contact for pricing
      4,500 SF

      Retail Space in Growing Community

      Retail space available in fast-growing San Tan Valley, Arizona.
      4106 Eli Dr, San Tan Valley, AZ
      View Details
    • Contact for pricing
      2,500 SF

      Retail Space in Growing Community

      Retail space available in rapidly growing San Tan Valley, Arizona.
      4163 W Hunt Hwy, San Tan Valley, AZ 85143
      View Details
    • Contact for pricing
      3,120 SF

      Medical Office Space Available

      Medical office space in a growing San Tan Valley area.
      40341 N Gantzel Rd, San Tan Valley, AZ 85140
      View Details
    • Contact for pricing
      4,322 SF

      Medical Office Space For Rent

      Medical office space available in Terraza Medical Village.
      40337 N Gantzel Rd, San Tan Valley, AZ 85140
      View Details
    • Contact for pricing
      2,338 SF

      Medical Office Space Available

      Medical office space in a growing San Tan Valley area.
      40219 N Gantzel Rd, San Tan Valley, AZ 85140
      View Details
    • Contact for pricing
      64,000 SF

      Retail Space in Growing Community

      Retail space available in San Tan Valley, Arizona.
      4202 Eli Dr, San Tan Valley, AZ
      View Details
    • Contact for pricing
      4,282 SF

      Medical Office Space Available

      Medical office space in a growing area with mountain views.
      40191 N Gantzel Rd, San Tan Valley, AZ 85140
      View Details
    • Contact for pricing
      3,607 SF

      Retail/Office Space in San Tan

      Storefront retail/office space with high exposure and strong traffic.
      33528 N Vlg Ln, San Tan Valley, AZ
      View Details
    • Contact for pricing
      5,000 SF

      Retail Space in Growing Community

      Retail space available in rapidly growing San Tan Valley, Arizona.
      34521 Fortini Way, San Tan Valley, AZ
      View Details
    • Contact for pricing
      122,000 SF

      Prime San Tan Valley Retail Space

      Multiple suites, 2,500-64,000 SF available
      0 Hunt Hwy & Spg Vly Pkwy, San Tan Valley, AZ 85143
      View Details

    FAQs

    What type of property is this?
    Medical Office Space - Prime San Tan Valley medical space.
    Where is this medical office space located?
    The property is located at 37200 Gantzel Rd San Tan Valley, AZ.
    What is the lease rate?
    The lease rate is $29-$31 SF/Yr.
    What are key features of this property?
    This property features: 60,000 SF Class A medical office building on the Banner Ironwood Medical Center campus in San Tan Valley, AZ.; Located at 37200 N Gantzel Rd, 85140.; Three-story building with 10,243 SF of available space in suites ranging from 1,593 SF to 6,841 SF.
    (602) 828-7214 Call to check price and availability
    Request Owner's contact information
    37200 Gantzel Rd San Tan Valley, AZ 85140
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    37200 Gantzel Rd
    San Tan Valley, AZ 85140
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    37200 Gantzel Rd San Tan Valley, AZ 85140
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Margaret Lloyd
    Margaret Lloyd
    Real Estate License ID: BR021825000
    (602) 828-7214 (623) 972-1194 (623) 344-4558
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!