Celebration Medical Center — Lease in Gilbert, AZ

  • Price: Contact for price
  • Listing type: For lease
  • Asset type: Office
  • Location: Gilbert, AZ 85297

Description

Class A Medical Office Development Delivering Phenomenal Space 2025 Celebration Medical Center is an approximately 66,000 SF Class A free-standing medical office building ideally located across from Dignity’s Mercy Gilbert Hospital Campus.

Market Context

This office in Gilbert, AZ is listed for lease. It has been on the market for 195 days. Compare it against other office listings for lease in Gilbert, AZ — view the full market.

As of Q1 2026, the Phoenix office market showed cap rates around 7.2%. Source: multiple brokerage reports, Q1 2026.

Office market FAQ

What is the typical cap rate for office in Phoenix?
About 7.2% as of Q1 2026, per multiple brokerage reports.

Estimated Market Rate

$2.85/SF/mo – $3.85/SF/mo

Mid: $3.35/SF/mo

Cost-of-business estimate only; rate estimator unavailable.

Based on comparable properties in similar markets rather than local sales.

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