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    1345 Chandler Blvd Phoenix, AZ 85048

    Sponsored
    For Sale
    $489,820

    High-ROI Warehouse, 100% Occupied

    Property size:
    1,289 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This Phoenix warehouse, built in 2004 and renovated in 2024, offers a compelling investment opportunity. Located at 1345 E Chandler Blvd, Suite 205, in the Ahwatukee Foothills area of Phoenix, Arizona (zip code 85048), this 1,289 square foot, two-story building boasts a 5.00% cap rate and a current net operating income (NOI) of $24,491.04. The property is 100% occupied under a NNN lease and features a single tenant. The asking price is $489,820. The building sits on a Pad zoned lot within the City of Phoenix, Maricopa County, and benefits from excellent transportation access and strong local amenities. Its strategic location within a thriving business environment ensures long-term growth potential and stable cash flow. The property's APN is 300-97-958. This is an exceptional opportunity for investors seeking a high-return, low-risk investment in a desirable location. The property's recent renovation ensures modern functionality and appeal. The strong local economy and high occupancy rate contribute to its attractive investment profile. This warehouse presents a rare chance to acquire a well-maintained, income-producing asset in a prime Phoenix location.

    Property Features for 1345 Chandler Blvd

    General Information

    Property type
    Distribution properties
    Square Feet
    1,289 SF

    Building Details

    Year Built/Renovated
    2004/2024
    Stories
    2

    HighLights

    • $489,820 asking price for a 1,289 SF warehouse.
    • NNN lease, single tenant, 100% occupancy.
    • 5.00% cap rate with a $24,491.04 NOI.
    • 2‑story building, 2004 construction, renovated in 2024.
    • Located at 1345 E Chandler Blvd, Phoenix, AZ 85048; Pad zoning, Maricopa County, APN 300‑97‑958.
    Property Profile Location Intelligence

    Current Use by Public Records

    Chelsea Lynch Realtor®️RE/MAX ... Real Estate Agent Travis Dale Counseling Marriage Or Relationship Counselor AGI GROUP Insurance Agency United States Cybersecurity ... Educational Institution Ruthann Goozdich Counselor

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Phoenix
    County
    Maricopa
    State
    Arizona
    Longitude
    -112.0527458
    Latitude
    33.3047769

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    FAQs

    What type of property is this?
    Distribution property - High-ROI Warehouse, 100% Occupied
    Where is this distribution property located?
    The property is located at 1345 Chandler Blvd Phoenix, AZ.
    What is the asking price?
    The asking price for this property is $489,820.
    What are key features of this property?
    This property features: $489,820 asking price for a 1,289 SF warehouse.; NNN lease, single tenant, 100% occupancy.; 5.00% cap rate with a $24,491.04 NOI.
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1345 Chandler Blvd Phoenix, AZ 85048
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