Property summary
This exceptional Class A medical office building, located at 1981 E Bonanza Court in Gilbert, Arizona, presents a unique leasing opportunity. Completed in 2023, this two-story, 20,578 square foot facility boasts a prime location directly adjacent to Mercy Gilbert Medical Center, a full-service hospital. The building features modern amenities, including elevators and direct second-floor lobby exposure. A significant 4,704 square feet of contiguous space is currently available, ideal for a variety of medical practices. The building's strategic location offers unparalleled visibility and accessibility, with over 45,238 vehicles passing daily. Its proximity to Loop 202 ensures convenient access to surrounding areas, including Phoenix Mesa Gateway Airport (5.7 miles) and SanTan Village Marketplace (1.4 miles). The building sits on 2.74 acres of land in the thriving Gilbert submarket of Maricopa County. The high-traffic location, coupled with the strong demographics of the area (average household income of $127,427), makes this an exceptional opportunity for healthcare providers seeking high visibility and patient convenience. An on-site surgery center adds further value to this already impressive property. The building's APN is 304-53-235. This is a multi-tenant building with one space currently available. The building features modern design and is ready for immediate occupancy. Advanced plastic surgery is already an established tenant.
Property profile
VerifiedCap rate & NOI
Current use
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Locksmith (Bike/Boat/Book/etc) Store
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Medical Clinic
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Physician Medical Clinic
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Physician Medical Clinic
Value estimations
Owner & transaction history
Zoning & alternative use
The General Office district is the most intensive office zoning district. Designated for large scale, single or multiple story medical, professional, general or service type office uses. The only residential land uses al…
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
GO · Gilbert, AZThe General Office district is the most intensive office zoning district. Designated for large scale, single or multiple story medical, professional, general or service type office uses. The only residential land uses al…
Zoning
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Zoning designation
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The district profile from the municipal source: what is on file for GO in Gilbert, AZ.
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