Celebration Medical Center — Lease in Gilbert, AZ

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

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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. Compare it against other office listings for lease in Gilbert, AZ — view the full market.

As of Q2 2026, the Phoenix office market showed a 23.4% vacancy rate, average asking rents near $31.67/SF/yr, and rents up 2.2% year over year. Source: multiple brokerage reports, Q2 2026.

Rising rents point to a competitive market where well-priced, well-located space leases quickly.

Office market FAQ

Is the Phoenix office market tightening or softening?
Vacancy is around 23.4%, with asking rents rising year over year (Q2 2026).

Estimated Market Rate

$2.36/SF/mo – $3.21/SF/mo

Mid: $2.79/SF/mo

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

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