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SEC of Melrose & Rome - 10 Medical/Office Condos - Melrose Professional Park 2,000 - 19,006 SF Office/Medical Condo Units Offered at $1,149,583 - $10,924,483 CAD Per Unit in Gilbert, AZ 85297
Investment Highlights
- new construction; all surface parking; great customer /patient access and convenience. Lots of retail amenities nearby
Executive Summary
3 Star Office Condo – Delivers in phases beginning Aug 2026; Developer/Contractor can start buyer's tenant improvements during shell construction if buyer has tenant improvement permit in hand. Excellent location for any medical practice wishing to own their own building. No hospital use restrictions, so ideal for Surgery Center, other outpatient services that might compete with Mercy Gilbert Medical Center (a Dignity hospital).
Data Room Click Here to Access
- Offering Memorandum
11 Units Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment or Owner User | Sale Conditions | Building in Shell Condition |
| Sale Type | Investment or Owner User |
| Sale Conditions | Building in Shell Condition |
Description
Excellent location for any medical practice wishing to own their own building. No hospital use restrictions, so ideal for Surgery Center, other outpatient services that might compete with Mercy Gilbert Medical Center (a Dignity hospital).
Sale Notes
Excellent location for any medical practice wishing to own their own building. No hospital use restrictions, so ideal for Surgery Center, other outpatient services that might compete with Mercy Gilbert Medical Center (a Dignity hospital). Seller will be pouring slabs in all buildings
| Sale Type | Investment or Owner User |
| Sale Type | Investment or Owner User |
Description
Excellent location for any medical practice wishing to own their own building. No hospital use restrictions, so ideal for Surgery Center, other outpatient services that might compete with Mercy Gilbert Medical Center (a Dignity hospital).
Sale Notes
Excellent location for any medical practice wishing to own their own building. No hospital use restrictions, so ideal for Surgery Center, other outpatient services that might compete with Mercy Gilbert Medical Center (a Dignity hospital). Seller will be pouring slabs in all buildings
| Sale Type | Investment or Owner User |
| Sale Type | Investment or Owner User |
Description
Excellent location for any medical practice wishing to own their own building. No hospital use restrictions, so ideal for Surgery Center, other outpatient services that might compete with Mercy Gilbert Medical Center (a Dignity hospital).
Sale Notes
Excellent location for any medical practice wishing to own their own building. No hospital use restrictions, so ideal for Surgery Center, other outpatient services that might compete with Mercy Gilbert Medical Center (a Dignity hospital). Seller will be pouring slabs in all buildings
| Sale Type | Investment or Owner User |
| Sale Type | Investment or Owner User |
Description
Excellent location for any medical practice wishing to own their own building. No hospital use restrictions, so ideal for Surgery Center, other outpatient services that might compete with Mercy Gilbert Medical Center (a Dignity hospital).
Sale Notes
Excellent location for any medical practice wishing to own their own building. No hospital use restrictions, so ideal for Surgery Center, other outpatient services that might compete with Mercy Gilbert Medical Center (a Dignity hospital). Seller will be pouring slabs in all buildings
| Sale Type | Investment or Owner User |
| Sale Type | Investment or Owner User |
Description
Excellent location for any medical practice wishing to own their own building. No hospital use restrictions, so ideal for Surgery Center, other outpatient services that might compete with Mercy Gilbert Medical Center (a Dignity hospital).
Sale Notes
Excellent location for any medical practice wishing to own their own building. No hospital use restrictions, so ideal for Surgery Center, other outpatient services that might compete with Mercy Gilbert Medical Center (a Dignity hospital). Seller will be pouring slabs in all buildings
| Sale Type | Owner User |
| Sale Type | Owner User |
Sale Notes
Seller will be pouring slabs in all buildings
| Sale Type | Investment or Owner User |
| Sale Type | Investment or Owner User |
Description
Excellent location for any medical practice wishing to own their own building. No hospital use restrictions, so ideal for Surgery Center, other outpatient services that might compete with Mercy Gilbert Medical Center (a Dignity hospital).
Sale Notes
Excellent location for any medical practice wishing to own their own building. No hospital use restrictions, so ideal for Surgery Center, other outpatient services that might compete with Mercy Gilbert Medical Center (a Dignity hospital). Seller will be pouring slabs in all buildings
| Sale Type | Investment or Owner User |
| Sale Type | Investment or Owner User |
Description
Excellent location for any medical practice wishing to own their own building. No hospital use restrictions, so ideal for Surgery Center, other outpatient services that might compete with Mercy Gilbert Medical Center (a Dignity hospital).
Sale Notes
Excellent location for any medical practice wishing to own their own building. No hospital use restrictions, so ideal for Surgery Center, other outpatient services that might compete with Mercy Gilbert Medical Center (a Dignity hospital). Seller will be pouring slabs in all buildings
| Sale Type | Investment or Owner User |
| Sale Type | Investment or Owner User |
Description
Excellent location for any medical practice wishing to own their own building. No hospital use restrictions, so ideal for Surgery Center, other outpatient services that might compete with Mercy Gilbert Medical Center (a Dignity hospital).
Sale Notes
Excellent location for any medical practice wishing to own their own building. No hospital use restrictions, so ideal for Surgery Center, other outpatient services that might compete with Mercy Gilbert Medical Center (a Dignity hospital). Seller will be pouring slabs in all buildings
| Sale Type | Investment or Owner User |
| Sale Type | Investment or Owner User |
Description
Excellent location for any medical practice wishing to own their own building. No hospital use restrictions, so ideal for Surgery Center, other outpatient services that might compete with Mercy Gilbert Medical Center (a Dignity hospital).
Sale Notes
Excellent location for any medical practice wishing to own their own building. No hospital use restrictions, so ideal for Surgery Center, other outpatient services that might compete with Mercy Gilbert Medical Center (a Dignity hospital). Seller will be pouring slabs in all buildings
| Sale Type | Investment or Owner User |
| Sale Type | Investment or Owner User |
Description
Ground Up Office Condominium project; expected to break ground late 3Q2023; expect shell delivery late 2024; Developer/Contractor can start buyer's tenant improvements during shell construction if buyer has tenant improvement permit in hand
Sale Notes
Ground Up Office Condominium project; expected to break ground late 3Q2023; expect shell delivery late 2024; Developer/Contractor can start buyer's tenant improvements during shell construction if buyer has tenant improvement permit in hand. Seller will be pouring slabs in all buildings
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit A | 19,006 SF | Office/Medical | $10,924,483 CAD ($574.79 CAD/SF) | - |
| Unit B | 9,460 SF | Office/Medical | $5,437,526 CAD ($574.79 CAD/SF) | - |
| Unit C | 2,356 SF | Office/Medical | $1,354,208 CAD ($574.79 CAD/SF) | - |
| Unit D | 2,500 SF | Office/Medical | $1,436,978 CAD ($574.79 CAD/SF) | - |
| Unit E | 4,758 SF | Office/Medical | $2,734,857 CAD ($574.79 CAD/SF) | - |
| Unit E-2 | 4,758 SF | Office/Medical | $2,734,857 CAD ($574.79 CAD/SF) | - |
| Unit F | 9,516 SF | Office/Medical | $5,469,714 CAD ($574.79 CAD/SF) | - |
| Unit G | 9,516 SF | Office/Medical | $5,469,714 CAD ($574.79 CAD/SF) | - |
| Unit H | 9,516 SF | Office/Medical | $5,469,714 CAD ($574.79 CAD/SF) | - |
| Unit I | 9,516 SF | Office/Medical | $5,469,714 CAD ($574.79 CAD/SF) | - |
| Unit J | 2,000 SF | Office/Medical | $1,149,583 CAD ($574.79 CAD/SF) | - |
Unit A
| Unit Size |
| 19,006 SF |
| Condo Use |
| Office/Medical |
| Price |
| $10,924,483 CAD ($574.79 CAD/SF) |
| NOI |
| - |
Unit B
| Unit Size |
| 9,460 SF |
| Condo Use |
| Office/Medical |
| Price |
| $5,437,526 CAD ($574.79 CAD/SF) |
| NOI |
| - |
Unit C
| Unit Size |
| 2,356 SF |
| Condo Use |
| Office/Medical |
| Price |
| $1,354,208 CAD ($574.79 CAD/SF) |
| NOI |
| - |
Unit D
| Unit Size |
| 2,500 SF |
| Condo Use |
| Office/Medical |
| Price |
| $1,436,978 CAD ($574.79 CAD/SF) |
| NOI |
| - |
Unit E
| Unit Size |
| 4,758 SF |
| Condo Use |
| Office/Medical |
| Price |
| $2,734,857 CAD ($574.79 CAD/SF) |
| NOI |
| - |
Unit E-2
| Unit Size |
| 4,758 SF |
| Condo Use |
| Office/Medical |
| Price |
| $2,734,857 CAD ($574.79 CAD/SF) |
| NOI |
| - |
Unit F
| Unit Size |
| 9,516 SF |
| Condo Use |
| Office/Medical |
| Price |
| $5,469,714 CAD ($574.79 CAD/SF) |
| NOI |
| - |
Unit G
| Unit Size |
| 9,516 SF |
| Condo Use |
| Office/Medical |
| Price |
| $5,469,714 CAD ($574.79 CAD/SF) |
| NOI |
| - |
Unit H
| Unit Size |
| 9,516 SF |
| Condo Use |
| Office/Medical |
| Price |
| $5,469,714 CAD ($574.79 CAD/SF) |
| NOI |
| - |
Unit I
| Unit Size |
| 9,516 SF |
| Condo Use |
| Office/Medical |
| Price |
| $5,469,714 CAD ($574.79 CAD/SF) |
| NOI |
| - |
Unit J
| Unit Size |
| 2,000 SF |
| Condo Use |
| Office/Medical |
| Price |
| $1,149,583 CAD ($574.79 CAD/SF) |
| NOI |
| - |
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Matterport 3D Exterior
Matterport 3D Tour
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Street View
Street
Map
Unit A
| Unit Size | 19,006 SF |
| Condo Use | Office/Medical |
| Price | $10,924,483 CAD ($574.79 CAD/SF) |
| NOI | - |
| Sale Type | Investment or Owner User |
| Sale Conditions | Building in Shell Condition |
| Description | |
| Excellent location for any medical practice wishing to own their own building. No hospital use restrictions, so ideal for Surgery Center, other outpatient services that might compete with Mercy Gilbert Medical Center (a Dignity hospital).</li></ul> | |
| Sale Notes | |
| Excellent location for any medical practice wishing to own their own building. No hospital use restrictions, so ideal for Surgery Center, other outpatient services that might compete with Mercy Gilbert Medical Center (a Dignity hospital). Seller will be pouring slabs in all buildings</li></ul> |
1 of 0
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Unit B
| Unit Size | 9,460 SF |
| Condo Use | Office/Medical |
| Price | $5,437,526 CAD ($574.79 CAD/SF) |
| NOI | - |
| Sale Type | Investment or Owner User |
| Description | |
| Excellent location for any medical practice wishing to own their own building. No hospital use restrictions, so ideal for Surgery Center, other outpatient services that might compete with Mercy Gilbert Medical Center (a Dignity hospital).</li></ul> | |
| Sale Notes | |
| Excellent location for any medical practice wishing to own their own building. No hospital use restrictions, so ideal for Surgery Center, other outpatient services that might compete with Mercy Gilbert Medical Center (a Dignity hospital). Seller will be pouring slabs in all buildings</li></ul> |
1 of 0
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Unit C
| Unit Size | 2,356 SF |
| Condo Use | Office/Medical |
| Price | $1,354,208 CAD ($574.79 CAD/SF) |
| NOI | - |
| Sale Type | Investment or Owner User |
| Description | |
| Excellent location for any medical practice wishing to own their own building. No hospital use restrictions, so ideal for Surgery Center, other outpatient services that might compete with Mercy Gilbert Medical Center (a Dignity hospital).</li></ul> | |
| Sale Notes | |
| Excellent location for any medical practice wishing to own their own building. No hospital use restrictions, so ideal for Surgery Center, other outpatient services that might compete with Mercy Gilbert Medical Center (a Dignity hospital). Seller will be pouring slabs in all buildings</li></ul> |
1 of 0
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Unit D
| Unit Size | 2,500 SF |
| Condo Use | Office/Medical |
| Price | $1,436,978 CAD ($574.79 CAD/SF) |
| NOI | - |
| Sale Type | Investment or Owner User |
| Description | |
| Excellent location for any medical practice wishing to own their own building. No hospital use restrictions, so ideal for Surgery Center, other outpatient services that might compete with Mercy Gilbert Medical Center (a Dignity hospital).</li></ul> | |
| Sale Notes | |
| Excellent location for any medical practice wishing to own their own building. No hospital use restrictions, so ideal for Surgery Center, other outpatient services that might compete with Mercy Gilbert Medical Center (a Dignity hospital). Seller will be pouring slabs in all buildings</li></ul> |
1 of 0
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Unit E
| Unit Size | 4,758 SF |
| Condo Use | Office/Medical |
| Price | $2,734,857 CAD ($574.79 CAD/SF) |
| NOI | - |
| Sale Type | Investment or Owner User |
| Description | |
| Excellent location for any medical practice wishing to own their own building. No hospital use restrictions, so ideal for Surgery Center, other outpatient services that might compete with Mercy Gilbert Medical Center (a Dignity hospital).</li></ul> | |
| Sale Notes | |
| Excellent location for any medical practice wishing to own their own building. No hospital use restrictions, so ideal for Surgery Center, other outpatient services that might compete with Mercy Gilbert Medical Center (a Dignity hospital). Seller will be pouring slabs in all buildings</li></ul> |
1 of 0
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Unit E-2
| Unit Size | 4,758 SF |
| Condo Use | Office/Medical |
| Price | $2,734,857 CAD ($574.79 CAD/SF) |
| NOI | - |
| Sale Type | Owner User |
| Sale Notes | |
| Seller will be pouring slabs in all buildings</li></ul> |
1 of 0
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Unit F
| Unit Size | 9,516 SF |
| Condo Use | Office/Medical |
| Price | $5,469,714 CAD ($574.79 CAD/SF) |
| NOI | - |
| Sale Type | Investment or Owner User |
| Description | |
| Excellent location for any medical practice wishing to own their own building. No hospital use restrictions, so ideal for Surgery Center, other outpatient services that might compete with Mercy Gilbert Medical Center (a Dignity hospital).</li></ul> | |
| Sale Notes | |
| Excellent location for any medical practice wishing to own their own building. No hospital use restrictions, so ideal for Surgery Center, other outpatient services that might compete with Mercy Gilbert Medical Center (a Dignity hospital). Seller will be pouring slabs in all buildings</li></ul> |
1 of 0
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Unit G
| Unit Size | 9,516 SF |
| Condo Use | Office/Medical |
| Price | $5,469,714 CAD ($574.79 CAD/SF) |
| NOI | - |
| Sale Type | Investment or Owner User |
| Description | |
| Excellent location for any medical practice wishing to own their own building. No hospital use restrictions, so ideal for Surgery Center, other outpatient services that might compete with Mercy Gilbert Medical Center (a Dignity hospital).</li></ul> | |
| Sale Notes | |
| Excellent location for any medical practice wishing to own their own building. No hospital use restrictions, so ideal for Surgery Center, other outpatient services that might compete with Mercy Gilbert Medical Center (a Dignity hospital). Seller will be pouring slabs in all buildings</li></ul> |
1 of 0
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Unit H
| Unit Size | 9,516 SF |
| Condo Use | Office/Medical |
| Price | $5,469,714 CAD ($574.79 CAD/SF) |
| NOI | - |
| Sale Type | Investment or Owner User |
| Description | |
| Excellent location for any medical practice wishing to own their own building. No hospital use restrictions, so ideal for Surgery Center, other outpatient services that might compete with Mercy Gilbert Medical Center (a Dignity hospital).</li></ul> | |
| Sale Notes | |
| Excellent location for any medical practice wishing to own their own building. No hospital use restrictions, so ideal for Surgery Center, other outpatient services that might compete with Mercy Gilbert Medical Center (a Dignity hospital). Seller will be pouring slabs in all buildings</li></ul> |
1 of 0
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Unit I
| Unit Size | 9,516 SF |
| Condo Use | Office/Medical |
| Price | $5,469,714 CAD ($574.79 CAD/SF) |
| NOI | - |
| Sale Type | Investment or Owner User |
| Description | |
| Excellent location for any medical practice wishing to own their own building. No hospital use restrictions, so ideal for Surgery Center, other outpatient services that might compete with Mercy Gilbert Medical Center (a Dignity hospital).</li></ul> | |
| Sale Notes | |
| Excellent location for any medical practice wishing to own their own building. No hospital use restrictions, so ideal for Surgery Center, other outpatient services that might compete with Mercy Gilbert Medical Center (a Dignity hospital). Seller will be pouring slabs in all buildings</li></ul> |
1 of 0
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Unit J
| Unit Size | 2,000 SF |
| Condo Use | Office/Medical |
| Price | $1,149,583 CAD ($574.79 CAD/SF) |
| NOI | - |
| Sale Type | Investment or Owner User |
| Description | |
| Ground Up Office Condominium project; expected to break ground late 3Q2023; expect shell delivery late 2024; Developer/Contractor can start buyer's tenant improvements during shell construction if buyer has tenant improvement permit in hand</li></ul> | |
| Sale Notes | |
| Ground Up Office Condominium project; expected to break ground late 3Q2023; expect shell delivery late 2024; Developer/Contractor can start buyer's tenant improvements during shell construction if buyer has tenant improvement permit in hand. Seller will be pouring slabs in all buildings</li></ul> |
Property Facts
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 | 114,000 SF | Typical Floor Size | 59,250 SF |
| Property Type | Office | Year Built | 2026 |
| Property Subtype | Medical | Lot Size | 14.57 AC |
| Building Class | A | Parking Ratio | 6.04/1,000 SF |
| Floors | 1 | ||
| Zoning | GO - General Office | ||
| Total Building Size | 114,000 SF |
| Property Type | Office |
| Property Subtype | Medical |
| Building Class | A |
| Floors | 1 |
| Typical Floor Size | 59,250 SF |
| Year Built | 2026 |
| Lot Size | 14.57 AC |
| Parking Ratio | 6.04/1,000 SF |
| Zoning | GO - General Office |
Amenities
- Signage
1 1
Fairly walkable
40/100
Exceptionally drivable
100/100
Minimal public transit
10/100
Fairly bikeable
50/100
1 of 10
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
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SEC of Melrose & Rome - 10 Medical/Office Condos - Melrose Professional Park
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