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1543 W Elliot Rd
Gilbert, AZ 85233
Oasis at the Islands - Bldg F · Office Property For Sale
·
6,005 SF
Investment Highlights
- Leased to highly rated med spa through 2031
- Easy freeway access to US 60, Loop 101 & Loop 202
- 1,502 SF unit available for Sale at $432,384
Executive Summary
Excellent investment opportunity to acquire a 1,502-square-foot general office condominium leased to a highly-rated medical spa on a secure 5-year term, offering stable income potential and a turnkey layout for medical or professional use. The suite features a welcoming reception area, four treatment rooms, storage room, and break/laundry room designed for efficient daily operations. Ideally located with convenient access to major roadways, nearby retail, dining, and dense residential neighborhoods, the property benefits from strong visibility, accessibility, and long-term tenant demand within the growing medical and wellness sector.
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment | Cap Rate | 6.25% |
| Sale Status | Under Contract |
| Sale Type | Investment |
| Sale Status | Under Contract |
| Cap Rate | 6.25% |
Description
Excellent investment opportunity to acquire a 1,502-square-foot general office condominium leased to a highly-rated medical spa on a secure 5-year term, offering stable income potential and a turnkey layout for medical or professional use. The suite features a welcoming reception area, four treatment rooms, storage room, and break/laundry room designed for efficient daily operations.
Ideally located with convenient access to major roadways, nearby retail, dining, and dense residential neighborhoods, the property benefits from strong visibility, accessibility, and long-term tenant demand within the growing medical and wellness sector.
Ideally located with convenient access to major roadways, nearby retail, dining, and dense residential neighborhoods, the property benefits from strong visibility, accessibility, and long-term tenant demand within the growing medical and wellness sector.
Sale Notes
1,502 SF unit available for Sale at $432,384
Leased to highly rated med spa through 2031
3 covered parking spaces
Building signage
Lake views and many restaurants and retailers adjacent to plaza
Easy freeway access to US 60, Loop 101 & Loop 202
Leased to highly rated med spa through 2031
3 covered parking spaces
Building signage
Lake views and many restaurants and retailers adjacent to plaza
Easy freeway access to US 60, Loop 101 & Loop 202
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 104 | 1,500 SF | Office | Upon Request | $37,570.66 CAD |
Unit 104
| Unit Size |
| 1,500 SF |
| Condo Use |
| Office |
| Price |
| Upon Request |
| NOI |
| $37,570.66 CAD |
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Unit 104
| Unit Size | 1,500 SF |
| Condo Use | Office |
| Price | Upon Request |
| NOI | $37,570.66 CAD |
| Sale Type | Investment |
| Sale Status | Under Contract |
| Cap Rate | 6.25% |
| Description | |
| Excellent investment opportunity to acquire a 1,502-square-foot general office condominium leased to a highly-rated medical spa on a secure 5-year term, offering stable income potential and a turnkey layout for medical or professional use. The suite features a welcoming reception area, four treatment rooms, storage room, and break/laundry room designed for efficient daily operations.<br> Ideally located with convenient access to major roadways, nearby retail, dining, and dense residential neighborhoods, the property benefits from strong visibility, accessibility, and long-term tenant demand within the growing medical and wellness sector.</li></ul> | |
| Sale Notes | |
| 1,502 SF unit available for Sale at $432,384<br> Leased to highly rated med spa through 2031<br> 3 covered parking spaces<br> Building signage<br> Lake views and many restaurants and retailers adjacent to plaza<br> Easy freeway access to US 60, Loop 101 & Loop 202</li></ul> |
Property Facts Under Contract
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 | 6,005 SF | Typical Floor Size | 6,005 SF |
| Property Type | Office (Condo) | Year Built | 2004 |
| Building Class | B | Lot Size | 0.50 AC |
| Floors | 1 | Parking Ratio | 3.83/1,000 SF |
| Zoning | SC Gilbert - Office / Commercial | ||
| Total Building Size | 6,005 SF |
| Property Type | Office (Condo) |
| Building Class | B |
| Floors | 1 |
| Typical Floor Size | 6,005 SF |
| Year Built | 2004 |
| Lot Size | 0.50 AC |
| Parking Ratio | 3.83/1,000 SF |
| Zoning | SC Gilbert - Office / Commercial |
Amenities
- Signage
- Reception
- Air Conditioning
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
