Warehouse with Seven Grade Level
For Sale
Contact for pricing
2330 S Airport Blvd, Chandler, AZ 85286
Built in 1989 with full HVAC and 800A 120/208V 3P electrical service.
Property Size13,472 SF
Price / SF$252.38
Days on Market308
Property Features for 2330 S Airport Blvd
General Information
Standard status
Active
Size
13,472 SF
Property subtype
INDUSTRIAL
Warehouse & Industrial
Clear Height
14 ft
Drive-In Doors
7
Power
800 amps
Voltage
208 V
Three-Phase Power
Yes
Building Details
Year Built
1989
Construction
block
Listing Agency:
LevRose Commercial Real Estate
(480) 947-0600
Listed By:
Mark Cassell · License #SA659518000
(818) 390-0838
Source:
Moodyscre
Added: Nov 12, 2025
Changed: Sep 12
Last Checked: Sep 15 at 11:10AM
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 warehouse features seven grade level doors sized 10’ x 10’, with 14’ clear height for flexible loading and storage. The building is block constructed and includes full HVAC to support year-round operating needs. Electrical service is provided as 800A 120/208V 3P.
The property is located at 2330 S Airport Blvd in Chandler, AZ, and is adjacent to KCHD, Chandler Municipal Airport, supporting accessibility for logistics and distribution operations.
Built in 1989, the facility is designed around practical warehouse improvements, including high-clear storage and drive-up functionality with multiple grade level doors.
The property is located at 2330 S Airport Blvd in Chandler, AZ, and is adjacent to KCHD, Chandler Municipal Airport, supporting accessibility for logistics and distribution operations.
Built in 1989, the facility is designed around practical warehouse improvements, including high-clear storage and drive-up functionality with multiple grade level doors.
Key Highlights
- Seven grade level doors, each 10’ x 10’
- 14’ clear height
- 800A 120/208V 3P electrical service
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$131,004
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.85%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,620,080
$2.6M
Cap Rate 7%
$1,871,486
$1.9M
Cap Rate 9%
$1,455,600
$1.5M
Market Conditions
NOI Build-Up for 13,472 SF
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.
Gross rent
$185.9K $13.80/SF
− Vacancy
−$31.8K −$2.36/SF
EGI
$154.1K $11.44/SF
− OpEx
−$23.1K −$1.72/SF
NOI
$131.0K $9.72/SF
Area
Chandler, AZ
Vacancy
17.10%
Lease Rate
$13.80 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,620,080
Cap Rate 7%
$1,871,486
Cap Rate 9%
$1,455,600
Alternative Uses
Best Use
Warehouse
$1.87M
$1.64M – $2.18M
NOI $131,004 @ 7.0% cap · market cap 3.85%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.86M
$3.38M – $4.51M
NOI $270,302 @ 7.0% cap · market cap 7.95%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
14 ft
Clear height
7
Drive-in doors
Location Intelligence
Trade Area within ½ mile
205
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 85286, AZ
49,407
Population
18,387
Households
2.7
Avg Household Size
36
Median Age
55%
College-Educated
95%
High-School Grad
15.9 sq mi
ZIP Area
3,107
Density / Sq Mi
$118,759
Median Household Income
$62,524
Median Earnings
$2,031
Median Rent
$548,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in West region
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Similar Off Market Nearby
- Germann Road Self Storage Solutions — 700 E Germann Rd, Chandler, AZ 85286
Frequently Asked Questions
What type of property is this?
Warehouse - Built in 1989 with full HVAC and 800A 120/208V 3P electrical service.
Where is this warehouse located?
The property is located at 2330 S Airport Blvd Chandler, AZ.
What is the asking price?
The asking price for this property is $3,400,000.
What are key features of this property?
This property features: Seven grade level doors, each 10’ x 10’; 14’ clear height; 800A 120/208V 3P electrical service
