Building Details

Building Size 1,655 SF

Year Built 2006

Listing Agency: Levrose Commercial Real Estate

Listed By: Billy Cowan Show Phone

Source: Commercialcafe

Added: Aug 8 Changed: Oct 19 Last Checked: Oct 20 at 5:42PM

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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

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Investment Insights

Based on property information with market context.

Unit C-6 is an end-cap office condominium completed in 2007, offering approximately 1,655 square feet of workspace. The interior includes four private offices, an open bullpen, a break room, and a private restroom. Extensive glazing provides natural light throughout the private offices, adding a notable physical feature to the suite’s layout.

The property is located at 5720 W. Chandler Boulevard in Chandler, Arizona, with access to Loop 101, Loop 202, and I-10. Chandler Fashion Center and Ahwatukee Foothills Marketplace are among the nearby retail and restaurant destinations identified for the property. The site carries PAD zoning through the City of Chandler.

Key Highlights

• Approximately 1,655 square feet of office space
• End‑cap office condo with extensive glass line
• Four private offices plus an open bullpen area

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$26,052

Cap Rate

4.37%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$521,040 $521.0K

Cap Rate 7%

$372,171 $372.2K

Cap Rate 9%

$289,467 $289.5K

Is this asking price fair?

Market Conditions

NOI Build-Up for 1,655 SF

Gross rent

$43.1K $26.04/SF

− Vacancy

−$8.4K −$5.05/SF

EGI

$34.7K $20.99/SF

− OpEx

−$8.7K −$5.25/SF

NOI

$26.1K $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%

$521,040

Cap Rate 7%

$372,171

Cap Rate 9%

$289,467

Alternative Uses

Best Use

Office B

$372.2K

$325.7K – $434.2K (±1% cap)

NOI $26,052 @ 7.0% cap · market cap 4.37%

Second Best

—

—

no second resolved use

Theoretical Best

Office A

$474.4K

$415.1K – $553.4K (±1% cap)

NOI $33,206 @ 7.0% cap · market cap 5.57%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Arrow Medical Internal ... Medical Clinic Wealthnest Planners Financial Advisor Arizona Rheumatology Consultants, ... Medical Clinic Dr. Oyesiji A. Arojojoye, ... Physician Waseem Allabban, MD Physician

Suggested Use

Top Pick Restaurant Law Firm Building Supply Big Box & Wholesale Store Auto Parts Store Storage Facility

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

Highway access

Location Intelligence

Trade Area within ½ mile

873

Businesses Nearby

Explore this area Business Placement

Demographics for 85226, AZ

40,689

Population

17,406

Households

2.3

Avg Household Size

38

Median Age

50%

College-Educated

96%

High-School Grad

38.4 sq mi

ZIP Area

1,060

Density / Sq Mi

$103,740

Median Household Income

$58,515

Median Earnings

$1,785

Median Rent

$452,400

Median Home Value

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

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Frequently Asked Questions

What type of property is this?

Office unit - Office condo with private rooms, open workspace, break area, and dedicated restroom under PAD zoning.

Where is this office unit located?

The property is located at 5720 W Chandler Blvd Ste 6 Chandler, AZ.

What is the asking price?

The asking price for this property is $595,800.

What are key features of this property?

This property features: Approximately 1,655 square feet of office space; End‑cap office condo with extensive glass line; Four private offices plus an open bullpen area