Multi-Specialty Surgery
604 W Warner Rd Chandler, AZ 85225
For Sale
Contact for pricing
Single-tenant multi-specialty surgery center with sprinkler fire protection and 600-amp electrical service plus backup generator.
Property Size10,080 SF
Price / SF$347.22
Days on Market208
Property Features for 604 W Warner Rd
General Information
Standard status
Active
Size
10,080 SF
Property subtype
OFFICE
Listing Agency:
Menlo Group Commercial Real Estate
(480) 206-4548
Listed By:
Steve Berghoff · License #BR581000000
(480) 206-4548
Source:
Moodyscre
Added: Jan 2
Changed: Jul 28
Last Checked: Jul 28 at 9:59PM
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 Menlo Group Commercial Real Estate
Investment Insights
Based on property information with market context.
This is a single-tenant, multi-specialty surgery center offered for sale or lease. The property is equipped with sprinkler fire protection and a 600-amp electrical service, supported by a back-up generator.
The center is positioned between Banner Desert Medical Center, Cardon Children’s Medical Center, and Dignity Health Chandler & Gilbert Regional Medical Centers. Ownership is supported by a professionally managed owner’s association, with approximately $147,000 on hand as of May 2017.
The facility is offered with the option to purchase, and is listed as strategically located within the established medical corridor supported by the nearby hospital centers.
The center is positioned between Banner Desert Medical Center, Cardon Children’s Medical Center, and Dignity Health Chandler & Gilbert Regional Medical Centers. Ownership is supported by a professionally managed owner’s association, with approximately $147,000 on hand as of May 2017.
The facility is offered with the option to purchase, and is listed as strategically located within the established medical corridor supported by the nearby hospital centers.
Key Highlights
- Single‑tenant, multi‑specialty surgery center available for sale or lease
- Sprinkler fire protection
- 600‑amp electrical service plus backup generator
Financial Insights For Healthcare Medical
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $241.9k | $24.00 |
| − Vacancy | −$26.6k | −$2.64 |
| EGI | $215.3k | $21.36 |
| − OpEx | −$86.1k | −$8.54 |
| NOI | $129.2k | $12.82 |
10,080 SF · lease $24.00/SF/yr · vacancy 11.00% · expense 40.00%
Alternative Uses
Best Use
Healthcare Medical
$1.85M
$1.61M – $2.15M
NOI $129,185 @ 7.0% cap · market cap 3.69%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.89M
$2.53M – $3.37M
NOI $202,245 @ 7.0% cap · market cap 5.78%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Medical center - Single-tenant multi-specialty surgery center with sprinkler fire protection and 600-amp electrical service plus backup generator.
Where is this medical center located?
The property is located at 604 W Warner Rd Chandler, AZ.
What is the asking price?
The asking price for this property is $3,500,000.
What are key features of this property?
This property features: Single‑tenant, multi‑specialty surgery center available for sale or lease; Sprinkler fire protection; 600‑amp electrical service plus backup generator
