Downtown Office
For Sale
Contact for pricing
200 N Nebraska St, Chandler, AZ 85225
Office building offered for sale with approximately 3,405 square feet of space.
Property Size3,405 SF
Price / SF$262.85
Days on Market245
Property Features for 200 N Nebraska St
General Information
Standard status
Active
Size
3,405 SF
Property subtype
Office
Zoning
SF - 8.5
Investment Type
Owner/User
Listing Agency:
LevRose Commercial Real Estate
Listed By:
Bryn Norwood · License #AZ SA704090000
(480) 508-7442
Source:
Crexi
Added: Feb 18
Changed: Oct 2
Last Checked: Oct 20 at 6:50PM
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
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
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.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$53,599
Cap Rate
5.99%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,071,980
$1.1M
Cap Rate 7%
$765,700
$765.7K
Cap Rate 9%
$595,544
$595.5K
Market Conditions
NOI Build-Up for 3,405 SF
Gross rent
$88.7K $26.04/SF
− Vacancy
−$17.2K −$5.05/SF
EGI
$71.5K $20.99/SF
− OpEx
−$17.9K −$5.25/SF
NOI
$53.6K $15.74/SF
Area
Chandler, AZ
Vacancy
19.40%
Lease Rate
$26.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,071,980
Cap Rate 7%
$765,700
Cap Rate 9%
$595,544
Alternative Uses
Best Use
Office B
$765.7K
$670.0K – $893.3K
NOI $53,599 @ 7.0% cap · market cap 5.99%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$976.0K
$854.0K – $1.14M
NOI $68,318 @ 7.0% cap · market cap 7.63%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,414
Businesses Nearby
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
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 $895,000.
What are key features of this property?
This property features: Office building offered for sale with approximately 3,405 sq ft of space.
