Free Standing Retail
For Sale
Contact for pricing
3025 N Alma School Rd, Chandler, AZ
Retail showroom with drive-thru, located in a residential community.
Property Size2,800 SF
Lot Size0.31 Acres
Price / SF$330.36
Days on Market1778
Property Features for 3025 N Alma School Rd
General Information
Standard status
Active
Size
2,800 SF
Lot size
0.31 Acres
Property subtype
RETAIL
Listing Agency:
DAUM Commercial Real Estate Services | Phoenix
(602) 575-2315
Listed By:
Dan Casey · License #SA641240000
Source:
Moodyscre
Added: Sep 27, 2021
Changed: Aug 8
Last Checked: Aug 8 at 5:26AM
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 DAUM Commercial Real Estate Services | Phoenix
Investment Insights
Based on property information with market context.
This is a free-standing retail showroom with excellent access and visibility from Alma School Rd. The property is located within a dense residential community. It includes approximately 1,000 square feet of covered drive-thru area. The property size is 2,800 square feet.
Key Highlights
- Excellent access and visibility from Alma School Rd
- Free Standing Retail Showroom
- Benefit from the ±1,000 SF covered drive‑thru
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
$32,740
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
3.54%
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%
$654,800
$654.8K
Cap Rate 7%
$467,714
$467.7K
Cap Rate 9%
$363,778
$363.8K
Market Conditions
NOI Build-Up for 2,800 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
$50.4K $18.00/SF
− Vacancy
−$3.6K −$1.30/SF
EGI
$46.8K $16.70/SF
− OpEx
−$14.0K −$5.01/SF
NOI
$32.7K $11.69/SF
Area
Chandler, AZ
Vacancy
7.20%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
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%
$654,800
Cap Rate 7%
$467,714
Cap Rate 9%
$363,778
Alternative Uses
Best Use
Retail
$467.7K
$409.3K – $545.7K
NOI $32,740 @ 7.0% cap · market cap 3.54%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$802.6K
$702.2K – $936.3K
NOI $56,179 @ 7.0% cap · market cap 6.07%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
417
Businesses Nearby
29k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 89%
Electronics 7%
Shops & Services 4%
Starbucks
Dining
14,369 visits/mo
0.2 miles
IHOP
Dining
11,682 visits/mo
0.2 miles
CPR Cell Phone Repair
Electronics
1,982 visits/mo
0.2 miles
O'Reilly Auto Parts
Shops & Services
1,184 visits/mo
0.2 miles
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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Frequently Asked Questions
What type of property is this?
Showroom - Retail showroom with drive-thru, located in a residential community.
Where is this showroom located?
The property is located at 3025 N Alma School Rd Chandler, AZ.
What is the asking price?
The asking price for this property is $925,000.
What are key features of this property?
This property features: Excellent access and visibility from Alma School Rd; Free Standing Retail Showroom; Benefit from the ±1,000 SF covered drive‑thru
