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Licensed Medical Center with Surgery Center
New
For Sale
$9,500,000

77 S DOBSON Road, Chandler, AZ 85224

Configured for surgical and clinical operations with recovery, exam, and reception areas.

Days on Market7

Property Features for 77 S DOBSON Road

General Information

Standard status Active
Property subtype COMMERCIAL

Additional Details

Business Included Yes
Office Units 2

Building Details

Building Size 17,492 SF
Year Built 2014
Listing Agency: Realty ONE Group
Listed By: Jason Miszuk · License #SA562932000
Source: Jcluxuryresidential
Added: Jul 25 Changed: Jul 31 Last Checked: Jul 31 at 4:02PM

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 Realty ONE Group

Investment Insights

Based on property information with market context.

This 2014 medical center includes an in-place ASC license and a configured surgical and clinical environment. The property is divided into two suites: Suite 1 offers approximately 9,684 square feet of second-generation medical office space, while Suite 2 contains an approximately 7,808-square-foot built-out ASC surgery center with cath labs.

The facility includes two Class C operating rooms, a large waiting area, reception, break room, multiple private exam rooms, a post-operation recovery room, and a backup generator. Located at 77 S Dobson Road in Chandler, the property is less than one mile from Chandler Regional Hospital and near Banner Ocotillo Hospital. Possible leasing of half the property is also noted, including a potential five-year leaseback of Suite 1.

Key Highlights

  • In‑place ASC license for a configured surgical center
  • Two suites totaling approximately 17,492 square feet
  • Suite 2 includes an approximately 7,808‑square‑foot ASC surgery center with cath labs

Financial Insights For Office B

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 $455.5k $26.04
− Vacancy −$88.4k −$5.05
EGI $367.1k $20.99
− OpEx −$91.8k −$5.25
NOI $275.3k $15.74
17,492 SF · lease $26.04/SF/yr · vacancy 19.40% · expense 25.00%

Alternative Uses

Best Use
Office B
$3.93M
$3.44M – $4.59M (±1% cap)
NOI $275,345 @ 7.0% cap · market cap 2.90%
Second Best
Healthcare Medical
$3.20M
$2.80M – $3.74M (±1% cap)
NOI $224,177 @ 7.0% cap · market cap 2.36%
Theoretical Best
Office A
$5.01M
$4.39M – $5.85M (±1% cap)
NOI $350,959 @ 7.0% cap · market cap 3.69%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Ramprakash Devadoss Physician Dr. Hassan Makki Physician MEHUL P SHAH Physician RAJIV M ASHAR Physician Dr. David Stone Physician

Suggested Use

Top Pick Carpet & Flooring Store Grocery & Convenience Store Electrical Service (Bike/Boat/Book/etc) Store Daycare Center Garden 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

2
Office units
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

1,880
Businesses Nearby

Demographics for 85224, AZ

46,919
Population
21,559
Households
2.2
Avg Household Size
38
Median Age
40%
College-Educated
94%
High-School Grad
9.4 sq mi
ZIP Area
4,991
Density / Sq Mi
$90,886
Median Household Income
$53,408
Median Earnings
$1,785
Median Rent
$391,000
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
Rey
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Frequently Asked Questions

What type of property is this?
Medical center - Configured for surgical and clinical operations with recovery, exam, and reception areas.
Where is this medical center located?
The property is located at 77 S DOBSON Road Chandler, AZ.
What is the asking price?
The asking price for this property is $9,500,000.
What are key features of this property?
This property features: In‑place ASC license for a configured surgical center; Two suites totaling approximately 17,492 square feet; Suite 2 includes an approximately 7,808‑square‑foot ASC surgery center with cath labs
More about this property
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