NNN-Leased Dental
For Sale
$1,053,000
3336 E Chandler Heights Road B20, Gilbert, AZ 85298
Dental office asset with a five-year lease extension and DSO-backed tenancy.
Property Size2,115 SF
Price / SF$497.87
Days on Market47
Property Features for 3336 E Chandler Heights Road B20
General Information
Standard status
Active
Size
2,115 SF
Building Details
Year Built
2005
Listing Agency:
COBE Real Estate, Inc.
Listed By:
Timothy Zaharis · License #BR577140000
(480) 610-2400
Source:
Mgsellsarizona
Added: Sep 5
Changed: Oct 10
Last Checked: Oct 7 at 1:46PM
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 COBE Real Estate, Inc.
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 2,115-square-foot NNN property was built in 2005 and is occupied by a dental practice. The tenant is supported by a Dental Support Organization (DSO), providing an established operational platform for the practice.
A five-year lease extension has been signed, adding defined lease duration to the asset’s existing tenancy. The property is positioned as a single-tenant healthcare-related investment with a dental use and NNN lease structure.
A five-year lease extension has been signed, adding defined lease duration to the asset’s existing tenancy. The property is positioned as a single-tenant healthcare-related investment with a dental use and NNN lease structure.
Key Highlights
- 2,115‑square‑foot property built in 2005
- NNN lease structure
- Dental practice tenant
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$30,838
Cap Rate
2.93%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$616,760
$616.8K
Cap Rate 7%
$440,543
$440.5K
Cap Rate 9%
$342,644
$342.6K
Market Conditions
NOI Build-Up for 2,115 SF
Gross rent
$51.0K $24.12/SF
− Vacancy
−$9.9K −$4.68/SF
EGI
$41.1K $19.44/SF
− OpEx
−$10.3K −$4.86/SF
NOI
$30.8K $14.58/SF
Area
Gilbert, AZ
Vacancy
19.40%
Lease Rate
$24.12 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$616,760
Cap Rate 7%
$440,543
Cap Rate 9%
$342,644
Alternative Uses
Best Use
Office B
$440.5K
$385.5K – $514.0K
NOI $30,838 @ 7.0% cap · market cap 2.93%
Second Best
Healthcare Medical
$411.2K
$359.8K – $479.7K
NOI $28,781 @ 7.0% cap · market cap 2.73%
Theoretical Best
Office A
$555.3K
$485.9K – $647.9K
NOI $38,871 @ 7.0% cap · market cap 3.69%
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
373
Businesses Nearby
Explore this area
Business Placement
Demographics for 85298, AZ
41,816
Population
14,308
Households
2.9
Avg Household Size
39
Median Age
51%
College-Educated
98%
High-School Grad
15.7 sq mi
ZIP Area
2,663
Density / Sq Mi
$146,688
Median Household Income
$70,943
Median Earnings
$2,525
Median Rent
$598,300
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?
NNN property - Dental office asset with a five-year lease extension and DSO-backed tenancy.
Where is this nnn property located?
The property is located at 3336 E Chandler Heights Road B20 Gilbert, AZ.
What is the asking price?
The asking price for this property is $1,053,000.
What are key features of this property?
This property features: 2,115‑square‑foot property built in 2005; NNN lease structure; Dental practice tenant
