725 W Elliot Rd Gilbert, AZ 85233

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    Sold $2,250,000
    Office
    Description

    725 W Elliot Rd Gilbert, Arizona 85233

    Office Sold - Arizona

    OFFERING SUMMARY

    • 725 W Elliot Rd Gilbert, AZ  85233
    • Sale Price: $2,250,000 ($278.00 PSF)
    • Sale Date: 12/01/2021
    • Cap Rate 6.25%
    • NOI $140,800
    • Year Built: 2005
    • Condo size:± 8,102  sq ft
    • Zoning: C-2
    • Buildout: Professional Office Condo 
    • Frontage: W Elliot Rd.
    • Property Type: Office Condo
    • Type: Investment

    ICRE Investment Team is proud to have exclusively represented the Buyer in this Single Tenant NNN Lease condo investment.   this beautiful high end Garden Style office condo is centered in the heart of Gilbert, Arizona.    This office condo closed on 12/1/2021 for $2,250,000 ($278.00 PSF) as an investment property. 



    BROKER INFORMATION

    Michael Douglas
    (480) 772-8870
    mdouglas@cpiaz.com


    Matt Zaccardi
    (602) 561-1339
    mzaccardi@cpiaz.com


     



     

    About ICRE Investment Group

    ICRE Investment Group is an investment team within Commercial Properties Inc. that specializes in office, retail, medical, industrial and investment properties in Phoenix Arizona. We provide a complete range of real estate services to commercial property owners, companies, banks, commercial loan servicers, and investors seeking the highest quality of service, proven expertise, and a total commitment to client-focused relationships. Through our intensive focus on our clients’ business goals, our commitment to the community, and our highly personal approach to client service, ICRE Investment Group is creating a new culture and a higher standard. We go well beyond helping with property transactions and serve as a strategic partner invested in your long term growth and success

    Property Features
    • Office
    Phill Tomlinson
    Sales & Leasing Advisor
    14803308897
    480-330-8897
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