1482 E Williams Field Rd, Ste 101 & 104, Gilbert, AZ 85295 For Sale

CPI is pleased to present the unique opportunity to acquire 1482 E Williams Field Rd, Suites 101 & 104, two premium commercial condominiums totaling 6,015 RSF. Strategically located within The Forum @ Gilbert Ranch in the highly desirable and affluent community of Gilbert, Arizona, these suites offer incredible acquisition flexibility and can be purchased together as a single portfolio or separately (contact the listing agent for individual pricing details).

This offering presents a secure, stabilized investment opportunity to acquire a fully leased asset with long-term commitments from two established local tenants: AZ Pediatric Assessment Center and Great American Title Agency. This dual-tenant structure provides an investor with a diversified, reliable income stream from both the recession-resistant healthcare sector and the robust real estate financial services industry, eliminating lease-up risk and providing a secure financial foundation for years to come.

Nestled in a submarket recognized as one of the most prosperous and safest in the nation, Gilbert, Arizona boasts unparalleled access and amenities. This location offers immediate access to the Loop 202 Freeway and is just minutes from Phoenix-Mesa Gateway Airport. The property is a magnet for an educated workforce and benefits from impressive demographics, including an average household income of over $134,000 within a three-mile radius.

Tenants and visitors benefit from exceptional on-site and walkable amenities, including popular establishments like Starbucks, Pita Jungle, and Sprouts Farmers Market. This vibrant environment is further enhanced by its proximity to San Tan Village, a 1.2 million square foot open-air mall, making 1482 E Williams Field Rd a truly premier investment opportunity

The Gateway Airport/Loop 202 office submarket is one of the most dynamic and fundamentally strong commercial hubs in the Phoenix metropolitan area. The area’s rapid expansion is fueled by its strategic location, which offers unparalleled access to a robust labor pool, major transportation corridors, and the explosive residential and corporate growth of the Town of Gilbert and the surrounding Southeast Valley. For investors, this translates into a stable, high-demand environment poised for continued appreciation.

The submarket boasts an office vacancy rate of 6.3% as of the second quarter of 2026. This figure remains tighter than the market’s 10-year historical average of 7.8%, demonstrating sustained and strengthening demand. For an asset like 1482 E Williams Field, the story is even more compelling: the vacancy rate for 3-Star properties like it is an incredibly low 2.1%. This market tightness is further evidenced by the positive net absorption of 41,500 SF over the past year, indicating that tenant demand continues to outpace available supply and providing a secure foundation for long-term investment.

The desirability of the Gateway Airport/Loop 202 corridor allows landlords to command premium rental rates, with the average asking rent of roughly $37.00/SF surpassing the wider Phoenix metro average of $31.00/SF. While recent growth has been stable, the submarket’s 10- year average rent growth stands at a healthy 4.1%, signaling consistent long-term performance. Confidence in the area’s future is booming, evidenced by the 160,000 SF of new office space currently under construction. This wave of new, high-quality inventory is a testament to the area’s perceived trajectory and will continue to attract high-caliber tenants, further elevating the submarket’s profile.