Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    55 N Arizona Pl Chandler, AZ 85225

    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Prime retail and restaurant space in the heart of Chandler.

    Property size:
    204,206 SF
    Lot size:
    204,206 SF

    Property Features for 55 N Arizona Pl

    General Information

    Size
    204,206 SF

    Building Details

    Year built
    1999

    We can help!

    Listing Contact
    Jared Cauffield
    Source: W-retail

    Listing Agent: Jared Cauffield

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Downtown Chandler Retail/Restaurant Space

    Located in Downtown Chandler, this property offers 14,167 square feet of retail and restaurant space on the ground floor of a Class A office building. The space is divisible, with suite sizes ranging from 1,797 to 8,014 contiguous square feet. Situated on Arizona Avenue, the location provides high visibility and easy access along the city’s primary commercial corridor. The property is located near popular dining and retail destinations such as SanTan Brewing, Over Easy, and Jinya Ramen, ensuring consistent foot traffic. The surrounding area is a hub for businesses and entertainment, with Veterans Oasis Park and the San Marcos Golf Resort nearby. Within a one-mile radius, there are 840 residential units and 7.8 million square feet of office space, providing a steady flow of potential customers from local residents and employees. This location is suitable for both retail and restaurant tenants.
    Location Intelligence

    Current Use by Public Records

    Garcia Group - Fairway ... Mortgage Lender Chance Casey Real ... Real Estate Agency Mavis Portable Toilet Supplier Santosh Cherian - REALTOR ... Real Estate Agent Western International University ... College

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Chandler
    County
    Maricopa
    State
    Arizona
    Longitude
    -111.8404464
    Latitude
    33.3040679

    Nearby Similar for Lease

    • Contact for pricing
      33,496 SF

      Chandler Retail/Entertainment/Industrial Space For Rent

      33,496 SF space in Chandler Pavilions regional shopping center.
      845 N 54Th St, Chandler, AZ 85226
      View Details
    • Contact for pricing
      250,630 SF

      Class A Office Sublease

      Premier Chandler office building with modern interiors and collaborative amenities.
      3133 W Frye Rd, Chandler, AZ 85226
      View Details
    • Contact for pricing
      250,630 SF

      Class A Office Sublease

      Premier Chandler office building with modern interiors and collaborative amenities.
      3133 W Frye Rd, Chandler, AZ 85226
      View Details
    • Contact for pricing
      2,550 SF

      Prime Retail Space in Chandler

      Spacious retail space in a high-traffic Chandler location.
      347 S Arizona Ave, Chandler, AZ 85225
      View Details
    • Contact for pricing
      196,615 SF

      Las Tiendas Village Retail Center

      Chandler, AZ: Prime Retail Space Available
      0 Nec Queen Crk Rd & Alma School Rd, Chandler, AZ 85286
      View Details
    • Contact for pricing
      24,017 SF

      Class A Office Space Available

      Premier mixed-use development with Class A office space for rent.
      1250 S Arizona Ave, Chandler, AZ 85225
      View Details
    • Contact for pricing
      9,394 SF

      Chandler Warehouse with Data Halls

      191,061 SF facility ideal for Hyperscale, AI.
      2500 W Frye Rd, Chandler, AZ 85224
      View Details
    • $22 SF/Yr
      13,485 SF

      Chandler Airport Office/Warehouse Space

      Versatile Chandler space, multiple suites available.
      2250 Germann Rd, Chandler, AZ 85286
      View Details
    • $22 SF/Yr
      7,816 SF

      Chandler Office Space For Lease

      Office space for lease in a dynamic East Chandler location.
      604 W Warner Rd, Chandler, AZ 85225
      View Details
    • $72 SF/Yr
      1,487 SF

      Chandler Executive Suites: Prime Location

      Upscale Chandler offices, flexible options.
      333 Dobson Rd, Chandler, AZ 85224
      View Details
    • $4,500 /Mo
      1,584 SF

      Luxury Ocotillo Penthouse with Amenities

      Upscale penthouse with resort-style amenities in the heart of Ocotillo.
      2511 W Queen Creek Rd, Chandler, AZ 85248
      View Details
    • $42 SF/Yr
      2,400 SF

      Retail Space Near Hamilton High

      Retail space with high visibility and access on Arizona Avenue.
      S/SEC Arizona Ave & Queen Crk, Chandler, AZ
      View Details

    FAQs

    What type of property is this?
    Retail space - Prime retail and restaurant space in the heart of Chandler.
    Where is this retail space located?
    The property is located at 55 N Arizona Pl Chandler, AZ.
    What are key features of this property?
    This property features: - Prime location on Arizona Ave in Downtown Chandler with high visibility.; - Flexible space options: **1,797 SF to 8,014 SF contiguous (14,167 SF total) for retail and restaurant tenants.**; - High-density market: close to 840 residential units and 7.8 million SF of office space.
    (330) 571-5833
    Request Owner's contact information
    55 N Arizona Pl Chandler, AZ 85225
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    55 N Arizona Pl
    Chandler, AZ 85225
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    55 N Arizona Pl Chandler, AZ 85225
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Jared Cauffield
    (330) 571-5833
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.