Turn-Key Medical Office
1361 N ALMA SCHOOL RD Chandler, AZ 85224
1361 N ALMA SCHOOL RD, Chandler, AZ, 85224
Contact for pricing
For Sale
Contact for pricing
Turn-key medical office with front-office areas, exam rooms, private offices, and administrative support for immediate occupancy.
Property Size6,490 SF
Price / SF$339.27
Days on Market61
Property Features for 1361 N ALMA SCHOOL RD
General Information
- Standard status
- Active
- Size
- 6,490 SF
- Property subtype
- Office
Building Details
- Year Built
- 1985
Listing agency
Keller Williams Integrity First Realty Gilbert
Listed by
Jon Hammond · License #AZ 555889000
Source
Crexi
Added: May 22 Updated: Jul 20 at 11:12PM Checked: Jul 20 at 11:12PM
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 Keller Williams Integrity First Realty Gilbert
Investment Insights
Based on property information with market context.
Turn-key medical office opportunity offering approximately 6,290 SF of fully built-out space designed to support patient flow and day-to-day clinical and administrative operations. The layout includes front-office areas, exam rooms, private offices, and administrative support space, providing a ready-to-operate configuration with immediate occupancy.
Located at 1361 N Alma School Rd in Chandler, Arizona, the property provides strong visibility along Alma School Road and offers direct Loop 202 access. It is also described as being close to Chandler’s Price Corridor and major employment drivers.
Offered for sale or lease, this space is positioned for medical, wellness, healthcare, professional office, or service-oriented users seeking a built-out location without significant downtime or buildout risk.
Located at 1361 N Alma School Rd in Chandler, Arizona, the property provides strong visibility along Alma School Road and offers direct Loop 202 access. It is also described as being close to Chandler’s Price Corridor and major employment drivers.
Offered for sale or lease, this space is positioned for medical, wellness, healthcare, professional office, or service-oriented users seeking a built-out location without significant downtime or buildout risk.
Key Highlights
- 6,290 SF medical office (Year Built 1985) with a fully built‑out layout for patient flow and operations
- Turn‑key interior includes front‑office areas, exam rooms, private offices, and administrative support areas
- Immediate occupancy available for a ready‑to‑operate medical office space
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $169.0k | $26.04 |
| − Vacancy | −$32.8k | −$5.05 |
| EGI | $136.2k | $20.99 |
| − OpEx | −$34.1k | −$5.25 |
| NOI | $102.2k | $15.74 |
6,490 SF · lease $26.04/SF/yr · vacancy 19.40% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.46M
$1.28M – $1.70M
NOI $102,160 @ 7.0% cap · market cap 4.64%
Second Best
Healthcare Medical
$1.19M
$1.04M – $1.39M
NOI $83,176 @ 7.0% cap · market cap 3.78%
Theoretical Best
Office A
$1.86M
$1.63M – $2.17M
NOI $130,215 @ 7.0% cap · market cap 5.91%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Wendy Rodgers
Physician
Elevate Wellness Med ...
Spa & Massage Center
Dos Gringos Alma
Bar & Pub
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FAQs
What type of property is this?
Medical Office Space - Turn-key medical office with front-office areas, exam rooms, private offices, and administrative support for immediate occupancy.
Where is this medical office space located?
The property is located at 1361 N ALMA SCHOOL RD Chandler, AZ.
What is the asking price?
The asking price for this property is $2,201,850.
What are key features of this property?
This property features: 6,290 SF medical office (Year Built 1985) with a fully built‑out layout for patient flow and operations; Turn‑key interior includes front‑office areas, exam rooms, private offices, and administrative support areas; Immediate occupancy available for a ready‑to‑operate medical office space
