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Granada Plaza 590 N Alma School Rd

39,084 SF 86% Leased Retail Building Chandler, AZ 85224 £5,720,250 (£146/SF) 6.31% Net Initial Yield

Investment Highlights

  • In the Heart of Chandler
  • Significant Upside Potential
  • Rolling Tenant Leases

Executive Summary

±39,760 SF retail building for sale in the heart of Chandler with strong local businesses and easy access to Loop 101 and 202.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
39,084 SF
Building Class
C
Year Built
1980
Price
£5,720,250
Price Per SF
£146
Net Initial Yield
6.31%
NOI
£360,838
Percent Leased
86%
Tenancy
Multiple
Number of Floors
1
Building FAR
0.57
Land Acres
1.57 AC
Zoning
C-1, Chandler - Commercial
Parking
104 Spaces (2.66 Spaces per 1,000 SF Leased)

Amenities

  • Signalised Intersection

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 19
  • 3,200 SF
  • Retail
  • -
  • Now
  • 23
  • 1,200 SF
  • Retail
  • -
  • Now
  • 24
  • 1,200 SF
  • Retail
  • -
  • Now
Space Size Space Use Position Available
19 3,200 SF Retail - Now
23 1,200 SF Retail - Now
24 1,200 SF Retail - Now

19

Size
3,200 SF
Space Use
Retail
Position
-
Available
Now

23

Size
1,200 SF
Space Use
Retail
Position
-
Available
Now

24

Size
1,200 SF
Space Use
Retail
Position
-
Available
Now

Nearby Major Retailers

ATA Martial Arts
Bank of America
Anytime Fitness
Chase Bank
Filiberto's Mexican Food
Bashas'
Starbucks
Yogis Grill
Safeway
Denny's

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
302-48-003S
Land Assessment
£0
Improvements Assessment
£0
Total Assessment
£407,798
  • Listing ID: 29929553

  • Date on Market: 31/10/2023

  • Last Updated:

  • Address: 590 N Alma School Rd, Chandler, AZ 85224

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