Updated Mar 16, 2026
Futurepath Development Services Acquires Arizona Veterinary Specialty Center In Gilbert For $11.2M
86 West Juniper Avenue
$11,200,000
$388/SF
Building Size
28,805 SF
Asset Type
Special Purpose
Closing
Mar 16, 2026
About this deal
AI
The asset involved in this transaction is a special purpose medical office located at 86 West Juniper Avenue. The property has a total square footage of 28,805 and was sold for $11,200,000, translating to a price per square foot of $389. This transaction took place in the medical office market.
Summary of transaction details:
- Property Type: Special Purpose
- Transaction Amount: $11,200,000
- Address: 86 West Juniper Avenue
- Square Footage: 28,805
- Price per Square Foot: $389
- Market: Medical Office
The sale was arranged by brokers Nick Whitstone and Miles DeLong from CBRE, who facilitated the transaction for the Arizona Veterinary Specialty Center to Futurepath Development Services.
Gilbert Special Purpose Market Snapshot
Boundary boundary · Special Purpose · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.42%
Cash-on-Cash
-0.40%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93