604 W Warner Rd, Unit D Chandler, AZ 85225

Located in East Chandler, the property at 604 W Warner Rd, Building D, is a 7,816 square foot office building constructed in 1987. The property is being offered as an investment opportunity. The building features three medical office suites. Suites 1 and 2 are fully leased, totaling 3,972 square feet, and generate $89,370 in annual income, which equates to $22.50 per square foot. These suites have 3% annual increases through March 31, 2029. Suite 3 is a vacant 3,843 square foot space that offers potential for additional income and tenant customization or for an owner-user. The location provides access to dining, retail centers, and recreational facilities, including Chandler Fashion Center, Snedigar Recreation Center, and Downtown Chandler. The property has a versatile layout to accommodate diverse office setups and convenient access to major transportation routes. The property is located in a city known for its population growth, high median household income, and healthcare demand. The current capitalization rate is 6.25%.