Flex Space with Warehouse
3270 N COLORADO Street, Chandler, AZ 85225
For Sale
New
$1,995,000
Three connected units offer warehouse and office configurations, with vacant space ready for occupancy and one unit under lease.
Property Size13,946 SF
Price / SF$325.77
Days on Market6
Property Features for 3270 N COLORADO Street
General Information
Standard status
Size
Property subtype
Warehouse & Industrial
Clear Height
Power
Additional Details
Fenced Yard
Tenant in Place
Property Use
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Listing Agency:
American Realty Brokers
Listed By:
Lori McBurnett
(602) 615-8542
Source:
Gillettegroupaz
Added: Nov 9
Changed: Nov 12
Last Checked: Nov 12 at 2:17PM
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 American Realty Brokers
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Investment Insights
Based on property information with market context.
This remodeled flex property combines three units that can operate together or separately. Units 101 and 102 each include two offices, a reception area, a bathroom, and warehouse space with 18-foot ceilings and ground-level roll-up doors. Each warehouse is equipped with 200 amps. Unit 201 has three offices, a reception area, and a bathroom. A gated area is located behind the building, with shared parking at the front and side and covered parking also available.
Unit 101 is leased with 4.5 years remaining in its term. Units 102 and 201 are vacant and ready for occupancy.
Unit 101 is leased with 4.5 years remaining in its term. Units 102 and 201 are vacant and ready for occupancy.
Key Highlights
- Three units can be used individually or together
- Units 101 and 102 each measure 2362 sq. ft., with 18‑foot ceilings and ground‑level roll‑up doors
- Each warehouse has 200 amps
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$61,620
Cap Rate
3.09%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,232,400
$1.2M
Cap Rate 7%
$880,286
$880.3K
Cap Rate 9%
$684,667
$684.7K
Market Conditions
NOI Build-Up for 6,124 SF
Gross rent
$110.2K $18.00/SF
− Vacancy
−$15.4K −$2.52/SF
EGI
$94.8K $15.48/SF
− OpEx
−$33.2K −$5.42/SF
NOI
$61.6K $10.06/SF
Area
Chandler, AZ
Vacancy
14.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,232,400
Cap Rate 7%
$880,286
Cap Rate 9%
$684,667
Alternative Uses
Best Use
Flex RnD
$880.3K
$770.3K – $1.03M
NOI $61,620 @ 7.0% cap · market cap 3.09%
Second Best
Warehouse
$850.7K
$744.4K – $992.5K
NOI $59,551 @ 7.0% cap · market cap 2.99%
Theoretical Best
Office A
$1.76M
$1.54M – $2.05M
NOI $122,872 @ 7.0% cap · market cap 6.16%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
18 ft
Clear height
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
1,181
Businesses Nearby
Under-served
Demand for This Use
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
$386,800
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Flex space in Maricopa County, AZ
Properties on Market for Flex space in Maricopa County
Vacancy Rate% for Industrial in West region
Frequently Asked Questions
What type of property is this?
Flex space - Three connected units offer warehouse and office configurations, with vacant space ready for occupancy and one unit under lease.
Where is this flex space located?
The property is located at 3270 N COLORADO Street Chandler, AZ.
What is the asking price?
The asking price for this property is $1,995,000.
What are key features of this property?
This property features: Three units can be used individually or together; Units 101 and 102 each measure 2362 sq. ft., with 18‑foot ceilings and ground‑level roll‑up doors; Each warehouse has 200 amps
