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Dental Office Condo with Covered Parking
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1345 E Chandler Blvd, Phoenix, AZ 85048

Absolute NNN dental office on an 11-year lease with three reserved covered parking spaces included.

Property Size3,200 SF
Days on Market142

Property Features for 1345 E Chandler Blvd

General Information

Standard status Active
Size 3,200 SF
Total Parking Spaces 3
Property subtype Office

Additional Details

Cap Rate 7.08%
Listing Agency: Commercial Property Connect
Listed By: Susan McCall · License #AZ BR552939000
Source: Crexi
Added: Apr 12 Changed: Aug 8 Last Checked: Jul 23 at 2:37PM

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 Commercial Property Connect

Investment Insights

Based on property information with market context.

This absolute NNN dental office condo is leased on an 11-year term. The lease was just signed in June 2021, and the current tenant converted approximately 3,200 SF of a general office suite into a dental office.

The property is located at 1345 E Chandler Blvd in Phoenix, AZ 85048. Three reserved covered parking spaces transfer with the condo.

Designed around a medical-dental interior tenant buildout, the space is being operated as a dental office under the current lease structure.

Key Highlights

  • Absolute NNN dental office on an 11‑year lease.
  • Lease was just signed in June 2021; tenant converted a 3,200 SF general office suite into a dental office.
  • NOI reported at $52,000.

Property Analytics

Current Use

Chelsea Lynch Realtor®️RE/MAX ... Real Estate Agency Travis Dale Counseling Marriage Or Relationship Counselor AGI GROUP Insurance Agency United States Cybersecurity ... High School Ruthann Goozdich Counselor

Suggested Use

Top Pick Law Firm Restaurant Hair Salon Big Box & Wholesale Store Building Supply Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

396
Businesses Nearby

Demographics for 85048, AZ

34,524
Population
14,369
Households
2.4
Avg Household Size
42
Median Age
62%
College-Educated
98%
High-School Grad
10.1 sq mi
ZIP Area
3,418
Density / Sq Mi
$123,198
Median Household Income
$70,210
Median Earnings
$1,995
Median Rent
$538,500
Median Home Value

Market

Vacancy Rate% for Office in Phoenix, AZ

14.4% 2019
19.3% 2020
21.7% 2021
24.3% 2022
27.4% 2023
28.5% 2024
26.5% 2025
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Frequently Asked Questions

What type of property is this?
NNN property - Absolute NNN dental office on an 11-year lease with three reserved covered parking spaces included.
Where is this nnn property located?
The property is located at 1345 E Chandler Blvd Phoenix, AZ.
What are key features of this property?
This property features: Absolute NNN dental office on an 11‑year lease.; Lease was just signed in June 2021; tenant converted a 3,200 SF general office suite into a dental office.; NOI reported at $52,000.
(480) 565-7689 Call to check price and availability
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