Two Office Buildings with Medical
For Sale
Contact for pricing
Pending
283 & 299 N Arizona Avenue Chadler Az., Chandler, AZ 85225
Two office buildings include a fully improved medical facility leased to a dentist and multiple general office suites on gross leases.
Property SizeContact for details
Lot Size0.48 Acres
Days on Market145
Property Features for 283 & 299 N Arizona Avenue Chadler Az.
General Information
Standard status
Pending
Lot size
0.48 Acres
Property subtype
Office
Zoning
C-3
Additional Details
Road Access
Yes
Office Units
4
Building Details
Tenancy
Multi
Listing Agency:
Infinity & Associates Real Estate
Listed By:
Jerry Langston · License #Azsa111284000
Source:
Crexi
Added: Apr 12
Changed: Aug 13
Last Checked: Sep 2 at 3:53PM
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 Infinity & Associates Real Estate
Investment Insights
Based on property information with market context.
This offering includes two office buildings on a large lot, with excellent visibility and attractive, low-maintenance landscaping. The 299 building is a fully improved medical office building occupied by a dentist under an NN+ lease. The dentist has executed a new 5-year lease ending 3-31-2027, with a 5-year renewal option (exercised 1-10-22) and 3.2% annual increases. In addition to rent, the tenant pays NNN expenses including property taxes, insurance, A/C maintenance, refuse disposal, and 50% of grounds maintenance. The tenant also has a right of first refusal to purchase the building.
The 283 building totals 3,132 sf and consists of three leased general office spaces under gross leases, with stated lease expirations for each suite and projected lease rate terms noted for future leasing. Combined NOI for both buildings is listed as $85,678, with projected leasing terms noted for suites 2 and 3.
The buildings share a large, fully improved parking lot with two points of access/egress from Detroit Street to the north and a public alley to the east. The land is zoned C-3, which permits a wide range of commercial land uses. The buildings are in the Downtown Chandler market, across the road from the Chandler Center for the Arts.
The 283 building totals 3,132 sf and consists of three leased general office spaces under gross leases, with stated lease expirations for each suite and projected lease rate terms noted for future leasing. Combined NOI for both buildings is listed as $85,678, with projected leasing terms noted for suites 2 and 3.
The buildings share a large, fully improved parking lot with two points of access/egress from Detroit Street to the north and a public alley to the east. The land is zoned C-3, which permits a wide range of commercial land uses. The buildings are in the Downtown Chandler market, across the road from the Chandler Center for the Arts.
Key Highlights
- Two office buildings at 283 and 299 N. Arizona Ave in Downtown Chandler, across from the Chandler Center for the Arts
- 299 building: fully improved medical building leased to a dentist on an NN+ lease; 1,902 SF at $3,525/month
- 299 building lease details: new 5‑year lease through 3/31/2027 with 3.2% annual increases and dentist’s right of first refusal to purchase
Property Analytics
Property Profile
Current Use
Lease Details
4
Office units
Multi-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,330
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 85225, AZ
73,551
Population
28,930
Households
2.5
Avg Household Size
35
Median Age
33%
College-Educated
88%
High-School Grad
12.7 sq mi
ZIP Area
5,791
Density / Sq Mi
$86,036
Median Household Income
$45,692
Median Earnings
$1,662
Median Rent
$386,800
Median Home Value
Market
Vacancy Rate% for Office in West region
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Two office buildings include a fully improved medical facility leased to a dentist and multiple general office suites on gross leases.
Where is this medical office space located?
The property is located at 283 & 299 N Arizona Avenue Chadler Az. Chandler, AZ.
What are key features of this property?
This property features: Two office buildings at 283 and 299 N. Arizona Ave in Downtown Chandler, across from the Chandler Center for the Arts; 299 building: fully improved medical building leased to a dentist on an NN+ lease; 1,902 SF at $3,525/month; 299 building lease details: new 5‑year lease through 3/31/2027 with 3.2% annual increases and dentist’s right of first refusal to purchase
