725 W Elliot Rd Gilbert, AZ 85233

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. 

About ICRE Investment Team

ICRE Investment Team 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 Team 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