1482 E Williams Field Rd
Gilbert, AZ 85295 South Gilbert

• Unit Size: 6,015 SF
• Condo Use: Medical Office
• Price: $2,605,420 USD
• Sale Type: Investment
• Price/SF: $433.15 USD

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.