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2451 E Baseline Rd

Woodside Health Acquires Office At 2451 E Baseline Rd Gilbert For $11.95M From ArroyoBel Asset Advisors
SOLDOffice

Woodside Health Acquires Office At 2451 E Baseline Rd Gilbert For $11.95M From ArroyoBel Asset Advisors

2451 E Baseline Rd

$11,950,000

$304/SF

Building Size

39,315 SF

Asset Type

Office

Closing

Mar 7, 2025

AI

The property asset involved in this transaction is located at 2451 E Baseline Rd in Gilbert. This office space has a total square footage of 39,315.0 and was acquired for a price of $11,950,000.00.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: $11,950,000.00
  • Address: 2451 E Baseline Rd
  • Market: Gilbert
  • Square Footage: 39,315.0
  • Buyer: Woodside Health
  • Seller: ArroyoBel Asset Advisors
  • Brokers: Michael Dupuy, Zack Harris (Kidder Mathews)

The individuals involved in this deal include buyer Woodside Health and seller ArroyoBel Asset Advisors. The transaction was facilitated by brokers Michael Dupuy and Zack Harris, who represented the parties in this acquisition.

Players

Zack Harris

Kidder Mathews

Broker

$30M

vol

3 deals

Broker
WH
Woodside HealthBuyer
AA
ArroyoBel Asset AdvisorsSeller

Gilbert Office Market Snapshot

Boundary boundary · Office · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.33%

Cash-on-Cash

-0.38%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93