Chandler Warehouse with Automated
For Sale
Contact for pricing
315 E Warner Rd, Chandler, AZ
Warehouse featuring automated door, evap cooling, and polished concrete.
Property Size4,172 SF
Lot Size0.41 Acres
Price / SF$275
Days on Market697
Property Features for 315 E Warner Rd
General Information
Standard status
Active
Size
4,172 SF
Lot size
0.41 Acres
Property subtype
INDUSTRIAL
Listing Agency:
LevRose Commercial Real Estate
(480) 294-6584
Listed By:
Mark Cassell · License #SA690813000
(818) 390-0838
Source:
Moodyscre
Added: Sep 24, 2024
Changed: Jul 6
Last Checked: Aug 20 at 10:35AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of LevRose Commercial Real Estate
Investment Insights
Based on property information with market context.
This warehouse property, located in Chandler, Arizona, offers 4,172 square feet of space. The warehouse features a 17'4" clear height and is equipped with an automated 14'x13'8" grade level door. The space is evap cooled and includes a polished concrete floor. The roof is insulated, and the property is fire sprinklered. It has 225 amps of power at 240V-48V (buyer to confirm). Additionally, the property includes a small office buildout and access to a common truckwell.
Key Highlights
- 17’4” clear height warehouse space suitable for various industrial uses.
- Automated 14’x13’8” grade level door for efficient loading and unloading.
- Evaporative cooled warehouse, providing temperature regulation.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$40,569
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.54%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$811,380
$811.4K
Cap Rate 7%
$579,557
$579.6K
Cap Rate 9%
$450,767
$450.8K
Market Conditions
NOI Build-Up for 4,172 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$57.6K $13.80/SF
− Vacancy
−$9.8K −$2.36/SF
EGI
$47.7K $11.44/SF
− OpEx
−$7.2K −$1.72/SF
NOI
$40.6K $9.72/SF
Area
Chandler, AZ
Vacancy
17.10%
Lease Rate
$13.80 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$811,380
Cap Rate 7%
$579,557
Cap Rate 9%
$450,767
Alternative Uses
Best Use
Warehouse
$579.6K
$507.1K – $676.2K
NOI $40,569 @ 7.0% cap · market cap 3.54%
Second Best
Industrial
$477.3K
$417.6K – $556.8K
NOI $33,410 @ 7.0% cap · market cap 2.91%
Theoretical Best
Office A
$1.20M
$1.05M – $1.40M
NOI $83,707 @ 7.0% cap · market cap 7.30%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
852
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Market
Vacancy Rate% for Industrial in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Chandler Self Storage Solutions — 297 E Warner Rd, Chandler, AZ 85225
- StorageWest — 1170 n arizona ave, chandler, az 85225
- Self-Storage at U-Haul — 1375 N Arizona Ave, Chandler, AZ 85225
- CubeSmart Self Storage — 641 E Warner Rd, Chandler, AZ 85225
- CubeSmart Self Storage — 1262 N Arizona Ave, Chandler, AZ 85225
Frequently Asked Questions
What type of property is this?
Warehouse - Warehouse featuring automated door, evap cooling, and polished concrete.
Where is this warehouse located?
The property is located at 315 E Warner Rd Chandler, AZ.
What is the asking price?
The asking price for this property is $1,147,300.
What are key features of this property?
This property features: 17’4” clear height warehouse space suitable for various industrial uses.; Automated 14’x13’8” grade level door for efficient loading and unloading.; Evaporative cooled warehouse, providing temperature regulation.
