The Reserve at San Tan - 355 Building — Lease in Gilbert, AZ

  • Price: Contact for price
  • Listing type: For lease
  • Asset type: Office
  • Location: Gilbert, AZ 85297
  • Size: 5,130 SF

Description

This building is Phase 1, and there is a contiguous 80,000 SF building that is Phase 2. The buildings are connected by a common area tenant amenity lounge. Featuring: -(2) 75,000-square-foot, three-story office building -6.3/1,000 parking ratio -Walking distance to Crossroads Towne Center consisting of over 1.2 million square feet of retail amenities including over 32 restaurants -Ideal location for office employment with access to over 1 million people within a 30 minute commute -50 acre master planned business park -Full diamond interchange at San Tan Freeway and Gilbert Road and Cooper Road -Regional Headquarter opportunity -Prominent frontage on Germann Road

Market Context

This office in Gilbert, AZ is listed for lease across 5,130 SF. It has been on the market for 54 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

Estimated total for 5,130 SF: $17,186 per month

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

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

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