Gilbert Professional Park #109 - 428 S Gilbert Rd, Gilbert, AZ 85296

Located on Gilbert Road, just 1 mile south of Historic Downtown Gilbert, the subject property is a short drive to countless restaurants such as Culinary Dropout, Snooze AM Eatery, Barrio Queen, Dierks Bentley Whiskey Row, and many more. Also, the project is in close proximity to the 101, 60 and 202 freeways creating short drive times throughout the Phoenix MSA. The immediate area to the south of the property is experiencing major redevelopment, with new multifamily, retail centers under construction and corporate office developments along the San Tan Loop 202 corridor. The Town of Gilbert has evolved into one of the fastest growing communities and the largest town in the United States. During the last three decades, Gilbert has seen tremendous growth, increasing in population from 5,717 in 1980 to more than 250,000 today. Many recent accolades, including being named the 2nd Safest City and the 22nd Best Place to Live in the country, explain why so many want to live and do business in Gilbert. SVN is pleased to present to the market for sale this 3,477 SF office condo just south of Downtown Gilbert. The property consists is currently being utilized as an executive suite operation, occupied by tenants with flexible lease terms, making this property suitable for both an owner-user or investment. The property contains 14 separate executive offices and a conference room, while also offering 4 covered parking spaces and monument signage. The property is priced below comparable sales in the area and for investors interested in continuing the executive suite operation, there is value add opportunity with multiple vacant suites for additional income.