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Property profile & analytics
FOR LEASE
Medical Office Space

3477 Mercy Rd Gilbert, AZ 85297

89,552 SF 4.72 ac lot Built 2023
Entity Owned 4-yr Hold Free & Clear
Property ID
US07-1332779
Property summary
AI-generated overview

This exceptional 45,000 square foot Class A medical office building, constructed in 2023, presents a unique opportunity. Situated on a 4.76-acre lot in Maricopa County (APN 304-53-358), this two-story building boasts 10,847 square feet of immediately available space within a multi-tenant environment. The property features advanced infrastructure including specialized HVAC systems, high-speed internet, and robust electrical support ideal for medical equipment. Its prime location offers excellent visibility on Mercy Road, with prominent monument signage opportunities. Ample surface and covered parking is provided, exceeding a 5.5:1,000 ratio. Enjoy convenient access to Loop 202 Freeway via Val Vista Drive, and benefit from the synergy of being adjacent to Mercy Gilbert Medical Center and its new Women's and Children's Pavilion, as well as nearby retail and dining establishments. The building's design prioritizes patient comfort and incorporates sustainable features like energy-efficient lighting and water-saving fixtures. Zoned C-O, this property is perfectly suited for medical practices seeking a modern, functional, and convenient location.

Property profile
Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 2023
Total area 89,552 SF
Lot 4.72 ac (205,565 SF)
Zoning code GO
APN 304-53-358
UPID US07-1332779
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Master Fencing General Contractor Construction Company
  • Nicole O. Afuape, MD Physician
  • Curtis R. Cook, MD Physician
  • Andrew P. Wong, MD Pediatrician Physician
  • Dignity Health Medical Group Women's Services - Gilbert Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Pmb Gilbert 3 LLC · 4 yrs held
Pmb Gilbert 3 LLC
since 2021
Last sale
$3.3M
2 recorded transactions
2022
Price N/A
2021
$3.3M
Zoning & alternative use
GO · Gilbert, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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