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1345 E Chandler Blvd - Bldg 1

1,289 SF Office Unit Offered at £386,963 in Phoenix, AZ 85048

Executive Summary

Single Tenant NNN Leased Office Condo Investment Passive Income Opportunity Just Renovated 4 Year lease with CPA

Attachments

Brochure

Property Facts

Price £386,963
Unit Size 1,289 SF
No. Units 1
Total Building Size 12,317 SF
Property Type Office (Unit)
Property Subtype Medical
Sale Type Investment
Building Class A
Number of Floors 2
Typical Floor Size 6,159 SF
Year Built 2004
Lot Size 0.26 AC
Parking Ratio 5/1,000 SF

1 Unit Available

Unit 205

Unit Size 1,289 SF
Price £386,963
Price Per SF £300.20
Unit Use Office
Sale Type Investment
Net Initial Yield 5.00%
NOI £19,348.13
APN/Parcel ID 300-97-958
Sale Notes

1345 E Chandler Blvd, Building 1, Suite 205, in Phoenix, AZ offers not only a prime investment opportunity but also the advantage of a highly desirable location. Located in the vibrant Ahwatukee Foothills area, the building benefits from strong local amenities, excellent transportation access, and a thriving business environment that continues to attract diverse tenants. The ±1,289 SF office space, built in 2004 and remodeled in 2024, is part of a well-maintained, two-story, multi-tenant building zoned PAD by the City of Phoenix. With 100% occupancy and a projected net operating income (NOI) of $24,491.04 for the upcoming year, this property promises steady cash flow and long term growth potential, available for purchase at an attractive price of $489,820. The
area’s strong economic growth, combined with the building’s strategic location, makes this an ideal investment for those seeking stable returns in a competitive market.

Amenities

  • Courtyard
  • Signage
  • Central Heating
  • Natural Light
  • Suspended Ceilings
  • Air Conditioning
  • Balcony

zoning

Zoning Code PAD, City of Phoenix (PAD, City of Phoenix)
PAD, City of Phoenix (PAD, City of Phoenix)
  • Listing ID: 33625055

  • Date on Market: 24/10/2024

  • Last Updated:

  • Address: 1345 E Chandler Blvd, Phoenix, AZ 85048

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