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Property profile & analytics
OFF-MARKET
Medical Office Space

3592 Atherton Blvd Gilbert, AZ 85297-7443

1.02 ac lot
Entity Owned 1-yr Hold ~ Est. High Equity
Property ID
US07-1926715
Property summary
AI-generated overview

This exceptional 3,124 square foot medical office, located at 3592 S Atherton Blvd, Suite 110, Gilbert, AZ 85297 (APN 304-51-977), is offered for sale at $1,200,000. The property is zoned NC and features a welcoming reception area, several private offices, a large fitness/recovery room, and in-suite restrooms. Currently operating as a thriving physical therapy practice for 17 years, a 7-year sale-leaseback is available at market rent with a 3% annual increase. This presents a unique investment opportunity in a prime Gilbert location. The property benefits from its proximity to SanTan Village shopping center, offering convenient access to major retailers and dining options. Nearby recreational amenities include Gilbert Regional Park and the Riparian Preserve at Water Ranch. Excellent highway access via US-60 and Loop-202 provides easy commutes to Chandler and Mesa. This established business enjoys a strong client base and consistent monthly growth, making it an attractive proposition for investors seeking a stable, income-generating asset in a high-demand area. The property's versatile layout and desirable location make it suitable for a variety of medical or traditional office uses.

Property profile
Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Lot 1.02 ac (44,410 SF)
Zoning code C-N
APN 304-51-980
UPID US07-1926715
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
  • Dr. Robert Anderson Dental Office
  • Ryan Porter Dental Office
  • Snell Heath C DDS Dental Office
  • 20/20 Image Eye Centers - Gilbert Physician
  • Aleta Dasilva Pediatrician 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
Kts Realty 9 LLC · 1 yrs held
Kts Realty 9 LLC
since 2024
7 recorded transactions
2024
$1.2M
2021
$1.1M
2021
$720,000
2021
Price N/A
2018
Price N/A
2018
Price N/A
2017
Price N/A
Zoning & alternative use
C-N · Gilbert, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source Layer: Zoning (ID: 8)
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