Downtown Office
200 N Nebraska St Chandler, AZ 85225
200 N Nebraska St, Chandler, AZ, 85225
Contact for pricing
For Sale
Contact for pricing
Office building offered for sale with approximately 3,405 square feet of space.
Property Size3,405 SF
Price / SF$287.81
Days on Market153
Property Features for 200 N Nebraska St
General Information
- Standard status
- Active
- Size
- 3,405 SF
- Property subtype
- Office
Listing agency
LevRose Commercial Real Estate
(480) 294-6016
Listed by
Bryn Norwood · License #AZ SA704090000
Source
Crexi
Added: Feb 18 Updated: Jul 20 at 10:21PM Checked: Jul 20 at 10:21PM
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 LevRose Commercial Real Estate
Investment Insights
Based on property information with market context.
This office building is offered for sale with approximately 3,405 square feet of commercial space. The property is marketed as office use and is suited for an owner-occupant or an investor seeking an office asset.
The building is located at 200 N Nebraska St in Chandler, Arizona. The offering is identified in public remarks as an office property with a total size of 3,405 square feet.
The building is located at 200 N Nebraska St in Chandler, Arizona. The offering is identified in public remarks as an office property with a total size of 3,405 square feet.
Key Highlights
- Office building offered for sale with approximately 3,405 sq ft of 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 | $88.7k | $26.04 |
| − Vacancy | −$17.2k | −$5.05 |
| EGI | $71.5k | $20.99 |
| − OpEx | −$17.9k | −$5.25 |
| NOI | $53.6k | $15.74 |
3,405 SF · lease $26.04/SF/yr · vacancy 19.40% · expense 25.00%
Alternative Uses
Best Use
Office B
$765.7K
$670.0K – $893.3K
NOI $53,599 @ 7.0% cap · market cap 5.47%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$976.0K
$854.0K – $1.14M
NOI $68,318 @ 7.0% cap · market cap 6.97%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
SR22 Insurance Chandler
Insurance Agency
KSS Insurance
Insurance Agency
Similar For Sale Nearby
FAQs
What type of property is this?
Office building - Office building offered for sale with approximately 3,405 square feet of space.
Where is this office building located?
The property is located at 200 N Nebraska St Chandler, AZ.
What is the asking price?
The asking price for this property is $980,000.
What are key features of this property?
This property features: Office building offered for sale with approximately 3,405 sq ft of space.
