Chandler Flex Industrial
For Sale
Contact for pricing
106 S 54th St, Chandler, AZ
5,220 SF flex industrial condo with secured yard.
Property Size5,220 SF
Lot Size0.11 Acres
Price / SF$325.67
Days on Market499
Property Features for 106 S 54th St
General Information
Standard status
Active
Size
5,220 SF
Lot size
0.11 Acres
Property subtype
FLEX_R_AND_D
Listing Agency:
Menlo Group Commercial Real Estate
(480) 469-6008
Listed By:
Tom Ellixson · License #SA672216000
(480) 469-6008
Source:
Moodyscre
Added: Mar 20, 2025
Changed: Jul 6
Last Checked: Jul 21 at 3:03AM
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 Menlo Group Commercial Real Estate
Investment Insights
Based on property information with market context.
This flex industrial condo, approximately 5,220 square feet, is available for purchase. The property features 100% HVAC, 400 amps of 120-240v power, and a secured yard area. It includes one grade-level door. Zoned I-1 by the City of Chandler, the property benefits from a central location with direct access to the adjacent I-10 Freeway.
Key Highlights
- Direct access to adjacent I‑10 Freeway
- Approximately 5,220 SF of Industrial Space
- 100% HVAC
Financial Insights For Flex RnD
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $94.0k | $18.00 |
| − Vacancy | −$13.2k | −$2.52 |
| EGI | $80.8k | $15.48 |
| − OpEx | −$28.3k | −$5.42 |
| NOI | $52.5k | $10.06 |
5,220 SF · lease $18.00/SF/yr · vacancy 14.00% · expense 35.00%
Alternative Uses
Best Use
Flex RnD
$750.3K
$656.6K – $875.4K
NOI $52,524 @ 7.0% cap · market cap 3.09%
Second Best
Industrial
$597.2K
$522.5K – $696.7K
NOI $41,802 @ 7.0% cap · market cap 2.46%
Theoretical Best
Office A
$1.50M
$1.31M – $1.75M
NOI $104,734 @ 7.0% cap · market cap 6.16%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
731
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
- Picnic Specialties — 7304 W Chicago St Ste. 101, Chandler, AZ 85226
Frequently Asked Questions
What type of property is this?
Flex space - 5,220 SF flex industrial condo with secured yard.
Where is this flex space located?
The property is located at 106 S 54th St Chandler, AZ.
What is the asking price?
The asking price for this property is $1,700,000.
What are key features of this property?
This property features: Direct access to adjacent I‑10 Freeway; Approximately 5,220 SF of Industrial Space; 100% HVAC
