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1482 E Williams Field Rd - The Forum at Gilbert Ranch 6,015 SF Office/Medical Condo Unit Offered at $2,605,420 in Gilbert, AZ 85295



Investment Highlights
- The property is 100% leased to two established tenants operating in the healthcare and professional services industries.
- Located near Loop 202, Phoenix-Mesa Gateway Airport, Mercy Gilbert Medical Center, and SanTan Village.
- Monument and building signage enhance visibility along the Williams Field Road corridor.
- Long-term leases with annual rent escalations provide predictable income growth and reduce near-term rollover exposure.
- Diversified tenancy combines healthcare and title services, creating multiple sources of rental income.
- The asset may be acquired as a portfolio of two condominium units, offering ownership flexibility for investors.
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment | Cap Rate | 6.75% |
| Sale Type | Investment |
| Cap Rate | 6.75% |
Sale Notes
1482 E Williams Field Rd, Suites 101 and 104 presents the opportunity to acquire a fully leased medical and professional office investment within The Forum @ Gilbert Ranch, one of Gilbert's established commercial developments. The offering consists of two condominium units occupied by AZ Pediatric Assessment Center and Great American Title Agency, providing diversified income from both healthcare and real estate services sectors. The asset is offered with a projected year-forward net operating income of $175,866 and a stated cap rate of 6.75%, creating immediate in-place cash flow supported by long-term tenancy.
Positioned near the intersection of Williams Field Road and Val Vista Drive, the property benefits from direct access to Loop 202 and convenient connectivity throughout the Southeast Valley. The location is minutes from Phoenix-Mesa Gateway Airport, Mercy Gilbert Medical Center, SanTan Village, and numerous retail and dining amenities that support tenant retention and daily business activity. The surrounding Gateway Airport/Loop 202 corridor continues to attract investment and corporate growth, supported by strong office fundamentals and ongoing commercial development.
The investment combines stable occupancy with a favorable tenant profile. AZ Pediatric Assessment Center provides specialized pediatric diagnostic and psychological services, while Great American Title Agency is an established Arizona title insurance and escrow provider. Annual rent increases and lease expirations extending through 2029 and 2031 provide predictable revenue growth and income stability. With monument signage, professional office buildouts, and a location within one of the Phoenix area's most active employment and healthcare corridors, the property offers investors a stabilized asset in a well-established commercial environment.
Positioned near the intersection of Williams Field Road and Val Vista Drive, the property benefits from direct access to Loop 202 and convenient connectivity throughout the Southeast Valley. The location is minutes from Phoenix-Mesa Gateway Airport, Mercy Gilbert Medical Center, SanTan Village, and numerous retail and dining amenities that support tenant retention and daily business activity. The surrounding Gateway Airport/Loop 202 corridor continues to attract investment and corporate growth, supported by strong office fundamentals and ongoing commercial development.
The investment combines stable occupancy with a favorable tenant profile. AZ Pediatric Assessment Center provides specialized pediatric diagnostic and psychological services, while Great American Title Agency is an established Arizona title insurance and escrow provider. Annual rent increases and lease expirations extending through 2029 and 2031 provide predictable revenue growth and income stability. With monument signage, professional office buildouts, and a location within one of the Phoenix area's most active employment and healthcare corridors, the property offers investors a stabilized asset in a well-established commercial environment.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 101 & 104 | 6,015 SF | Office/Medical | $2,605,420 ($433.15/SF) | $175,865.85 |
Unit 101 & 104
| Unit Size |
| 6,015 SF |
| Condo Use |
| Office/Medical |
| Price |
| $2,605,420 ($433.15/SF) |
| NOI |
| $175,865.85 |
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Unit 101 & 104
| Unit Size | 6,015 SF |
| Condo Use | Office/Medical |
| Price | $2,605,420 ($433.15/SF) |
| NOI | $175,865.85 |
| Sale Type | Investment |
| Cap Rate | 6.75% |
| Sale Notes | |
| 1482 E Williams Field Rd, Suites 101 and 104 presents the opportunity to acquire a fully leased medical and professional office investment within The Forum @ Gilbert Ranch, one of Gilbert's established commercial developments. The offering consists of two condominium units occupied by AZ Pediatric Assessment Center and Great American Title Agency, providing diversified income from both healthcare and real estate services sectors. The asset is offered with a projected year-forward net operating income of $175,866 and a stated cap rate of 6.75%, creating immediate in-place cash flow supported by long-term tenancy.<br> Positioned near the intersection of Williams Field Road and Val Vista Drive, the property benefits from direct access to Loop 202 and convenient connectivity throughout the Southeast Valley. The location is minutes from Phoenix-Mesa Gateway Airport, Mercy Gilbert Medical Center, SanTan Village, and numerous retail and dining amenities that support tenant retention and daily business activity. The surrounding Gateway Airport/Loop 202 corridor continues to attract investment and corporate growth, supported by strong office fundamentals and ongoing commercial development.<br> The investment combines stable occupancy with a favorable tenant profile. AZ Pediatric Assessment Center provides specialized pediatric diagnostic and psychological services, while Great American Title Agency is an established Arizona title insurance and escrow provider. Annual rent increases and lease expirations extending through 2029 and 2031 provide predictable revenue growth and income stability. With monument signage, professional office buildouts, and a location within one of the Phoenix area's most active employment and healthcare corridors, the property offers investors a stabilized asset in a well-established commercial environment.</li></ul> |
Property Facts
The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Building Size | 9,482 SF | Typical Floor Size | 4,741 SF |
| Property Type | Office (Condo) | Year Built | 2012 |
| Building Class | B | Lot Size | 0.64 AC |
| Floors | 2 | Parking Ratio | 4.5/1,000 SF |
| Zoning | C-C - Commercial | ||
| Total Building Size | 9,482 SF |
| Property Type | Office (Condo) |
| Building Class | B |
| Floors | 2 |
| Typical Floor Size | 4,741 SF |
| Year Built | 2012 |
| Lot Size | 0.64 AC |
| Parking Ratio | 4.5/1,000 SF |
| Zoning | C-C - Commercial |
Amenities
- Signage
- Air Conditioning
Fairly walkable
50/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
50/100
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1482 E Williams Field Rd - The Forum at Gilbert Ranch
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