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    Property profile & analytics
    OFF-MARKET Estimated value $5,630,000
    Medical Office Space

    1343 Alma School Rd, Chandler, AZ 85224-5941

    25,157 SF 0.38 ac lot Built 1986
    Entity Owned 20-yr Hold ~ Est. High Equity
    Property ID
    US07-0942976
    Property summary
    AI-generated overview

    This exceptional two-story medical office building, totaling 25,884 square feet, presents a rare opportunity in the thriving Chandler market. Currently offering two available suites ranging from 1,503 to 2,500 contiguous square feet, out of a total 4,003 square feet of vacant space, this multi-tenant property boasts a desirable location just two blocks north of the intersection of N. Alma School Rd and W. Ray Rd, providing excellent visibility and convenient access to major thoroughfares like SR-87 and Loop 101. Built in 1986, the building sits on a 0.379-acre lot and features ample parking with a 5:1000 ratio, including covered and reserved options. The property is zoned PAD, Chandler (APN: 302-43-180Z, Maricopa County) and benefits from prominent signage, lush landscaping, and an on-site restaurant. Its strategic location offers proximity to established retail and dining options, as well as major medical facilities including Chandler Regional Medical Center (7 minutes away) and Dignity Health Arizona General Hospital (9 minutes away). The existing tenant mix includes a diverse range of medical specialties, creating a synergistic environment. This is an ideal opportunity for medical professionals seeking a high-profile location within a thriving medical community.

    Property profile
    Verified
    Property type Medical Office Space
    Use group MEDICAL BUILDING
    Year built 1986
    Construction CONCRETE
    Total area 25,157 SF
    Lot 0.38 ac (16,509 SF)
    Zoning code PAD
    APN 302-43-180Z
    UPID US07-0942976
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Phoenician Primary Care Medical Clinic
    • MEDNET LLC (Bike/Boat/Book/etc) Store Corporate Office
    • William Grainger Physician Medical Clinic
    • Kristal Munez Pediatrician Physician
    • Jennifer Gresham Physician
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $5.63M
    Blend (final) Blend
    $5.63M
    Owner & transaction history
    Par-pal Family LP 1 · 20 yrs held
    Par-pal Family LP 1
    since 2005
    7 recorded transactions
    2024
    2023
    2020
    2005
    $3.4M
    1993
    1993
    $875,000
    1993
    Zoning & alternative use
    PAD · Chandler, AZ
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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