End Cap Office
New
For Sale
$595,800
5720 W Chandler Blvd Ste 6, Chandler, AZ 85226
Four private offices, an open bullpen, break room, and private restroom create a practical workspace layout.
Property Size1,655 SF
Price / SF$360
Days on Market2
Property Features for 5720 W Chandler Blvd Ste 6
General Information
Standard status
Active
Size
1,655 SF
Class
B
Property subtype
Office - General Office
Additional Details
Highway Access
Yes
Office Units
1
Building Details
Building Size
1,655 SF
Year Built
2006
Listing Agency:
Levrose Commercial Real Estate
(480) 294-6001
Listed By:
Billy Cowan
Source:
Commercialcafe
Added: Aug 15
Changed: Aug 16
Last Checked: Aug 16 at 6:45AM
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
Investment Insights
Based on property information with market context.
Unit C-6 at 5720 W Chandler Blvd is an end cap office condo offering ±1,655 square feet of workspace. The interior includes four private offices, an open bullpen area, a break room, and a private restroom. Extensive glazing provides natural light throughout the private offices and adds exposure along the unit’s glass line.
The property is positioned near Loop 101, Loop 202, and I-10, with retail and restaurant amenities accessible by a short drive or walk. Chandler Fashion Center and Ahwatukee Foothills Marketplace are also nearby. The office condo is located in Chandler, Arizona.
The property is positioned near Loop 101, Loop 202, and I-10, with retail and restaurant amenities accessible by a short drive or walk. Chandler Fashion Center and Ahwatukee Foothills Marketplace are also nearby. The office condo is located in Chandler, Arizona.
Key Highlights
- End cap office condo at 5720 W Chandler Blvd, Unit C‑6
- ±1,655 square feet of office space
- Four private offices plus an open bullpen area
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
$26,052
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
4.37%
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%
$521,040
$521.0K
Cap Rate 7%
$372,171
$372.2K
Cap Rate 9%
$289,467
$289.5K
Market Conditions
NOI Build-Up for 1,655 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
$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 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%
$521,040
Cap Rate 7%
$372,171
Cap Rate 9%
$289,467
Alternative Uses
Best Use
Office B
$372.2K
$325.7K – $434.2K
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
NOI $33,206 @ 7.0% cap · market cap 5.57%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
1
Office units
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Four private offices, an open bullpen, break room, and private restroom create a practical workspace layout.
Where is this office units 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: End cap office condo at 5720 W Chandler Blvd, Unit C‑6; ±1,655 square feet of office space; Four private offices plus an open bullpen area
