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Freestanding Day Care Center
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420 W Chandler Blvd, Chandler, AZ 85225

Chandler Boulevard frontage, ample parking, and three private restrooms support the existing childcare operation.

Property Size2,871 SF
Lot Size0.43 Acres
Price / SF$296.06
Days on Market178

Property Features for 420 W Chandler Blvd

General Information

Standard status Active
Size 2,871 SF
Lot size 0.43 Acres
Property subtype Office
Zoning R-8.5
Investment Type Owner/User

Additional Details

Road Access Yes

Amenities

RV Gate
three private restrooms

Building Details

Year Built 1952
Buildings 1
Stories 1
Units 6
Owner Occupied Yes
Listing Agency: KW Commercial Integrity First Realty -- Mesa/Gilbert
Listed By: Melody Bramer · License #AZ SA526989000
Source: Crexi
Added: Apr 22 Changed: Oct 3 Last Checked: Oct 15 at 12:02AM

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 KW Commercial Integrity First Realty -- Mesa/Gilbert

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Investment Insights

Based on property information with market context.

This 2,871-square-foot freestanding building sits on an 18,726-square-foot lot with Chandler Boulevard frontage. The property is currently used as a childcare center and includes three private restrooms, an RV gate, and ample parking. Built in 1952, the building may suit an owner-user seeking a dedicated facility for childcare or another approved commercial application.

The R-8.5-zoned property is near Downtown Chandler, Chandler Center for the Arts, Chandler High School, and San Marcos Golf Course. The City of Chandler has indicated that a use permit could allow general office, medical office, childcare, or financial services use. The current owner may remain under a leaseback arrangement or vacate the premises.

Key Highlights

  • 2,871‑square‑foot freestanding building on an 18,726‑square‑foot lot
  • Chandler Boulevard frontage with ample on‑site parking
  • Currently used as a childcare center

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$45,193
Cap Rate
5.32%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$903,860 $903.9K
Cap Rate 7%
$645,614 $645.6K
Cap Rate 9%
$502,144 $502.1K
Market Conditions
NOI Build-Up for 2,871 SF
Gross rent
$74.8K $26.04/SF
− Vacancy
−$14.5K −$5.05/SF
EGI
$60.3K $20.99/SF
− OpEx
−$15.1K −$5.25/SF
NOI
$45.2K $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%
$903,860
Cap Rate 7%
$645,614
Cap Rate 9%
$502,144

Alternative Uses

Best Use
Office B
$645.6K
$564.9K – $753.2K (±1% cap)
NOI $45,193 @ 7.0% cap · market cap 5.32%
Second Best
Healthcare Medical
$525.6K
$459.9K – $613.3K (±1% cap)
NOI $36,795 @ 7.0% cap · market cap 4.33%
Theoretical Best
Office A
$822.9K
$720.1K – $960.1K (±1% cap)
NOI $57,604 @ 7.0% cap · market cap 6.78%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Day care centers

Suggested Use

Top Pick Law Firm Storage Facility Electrical Service Furniture & Home Goods Veterinary Clinic Daycare Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,414
Businesses Nearby
Balanced
Demand for This Use

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

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025

Similar Off Market Nearby

  • Maricopa County Head Start — 130 N Hamilton St ofc 26, Chandler, AZ 85225
  • BBHS — 908 W Chandler Blvd # B-4, Chandler, AZ 85225
  • New Vistas Center For Education — 670 N Arizona Ave, Chandler, AZ 85225

Frequently Asked Questions

What type of property is this?
Day care center - Chandler Boulevard frontage, ample parking, and three private restrooms support the existing childcare operation.
Where is this day care center located?
The property is located at 420 W Chandler Blvd Chandler, AZ.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: 2,871‑square‑foot freestanding building on an 18,726‑square‑foot lot; Chandler Boulevard frontage with ample on‑site parking; Currently used as a childcare center
(602) 290-3643 Call to check price and availability
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