NNN Dental Office
For Sale
$1,053,000
B20-3336 E Chandler Heights Road, Gilbert, AZ 85298
NNN-leased dental property with a recently extended five-year lease and DSO-backed tenant support.
Property Size2,115 SF
Price / SF$497.87
Days on Market88
Property Features for B20-3336 E Chandler Heights Road
General Information
Standard status
Active
Size
2,115 SF
Taxes and HOA fees
Annual Taxes
$767
Listing Agency:
COBE Real Estate, Inc.
(480) 610-2400
Listed By:
Timothy Zaharis · License #BR577140000
(480) 628-6363
Source:
Exprealty
Added: Jul 21
Changed: Oct 7
Last Checked: Oct 15 at 1:31AM
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 COBE Real Estate, Inc.
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This NNN-leased specialty property is occupied by a dental practice and carries a recently executed five-year lease extension. The reported property size is 2,115, providing a defined physical asset for investors seeking a healthcare-oriented commercial holding. Tenant operations are supported by a Dental Support Organization, adding an established management and administrative platform to the occupancy profile.
The property is located at B20-3336 E Chandler Heights Road in Gilbert, Arizona. Its dental use, extended lease term, and NNN structure provide the core characteristics of a stabilized medical-office investment without relying on short-term occupancy assumptions.
The property is located at B20-3336 E Chandler Heights Road in Gilbert, Arizona. Its dental use, extended lease term, and NNN structure provide the core characteristics of a stabilized medical-office investment without relying on short-term occupancy assumptions.
Key Highlights
- NNN lease structure with a recently signed five‑year lease extension
- Dental tenant supported by a Dental Support Organization (DSO)
- Reported property size of 2,115
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$30,838
Cap Rate
2.93%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$616,760
$616.8K
Cap Rate 7%
$440,543
$440.5K
Cap Rate 9%
$342,644
$342.6K
Market Conditions
NOI Build-Up for 2,115 SF
Gross rent
$51.0K $24.12/SF
− Vacancy
−$9.9K −$4.68/SF
EGI
$41.1K $19.44/SF
− OpEx
−$10.3K −$4.86/SF
NOI
$30.8K $14.58/SF
Area
Gilbert, AZ
Vacancy
19.40%
Lease Rate
$24.12 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$616,760
Cap Rate 7%
$440,543
Cap Rate 9%
$342,644
Alternative Uses
Best Use
Office B
$440.5K
$385.5K – $514.0K
NOI $30,838 @ 7.0% cap · market cap 2.93%
Second Best
Healthcare Medical
$411.2K
$359.8K – $479.7K
NOI $28,781 @ 7.0% cap · market cap 2.73%
Theoretical Best
Office A
$555.3K
$485.9K – $647.9K
NOI $38,871 @ 7.0% cap · market cap 3.69%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
265
Businesses Nearby
Explore this area
Business Placement
Demographics for 85298, AZ
41,816
Population
14,308
Households
2.9
Avg Household Size
39
Median Age
51%
College-Educated
98%
High-School Grad
15.7 sq mi
ZIP Area
2,663
Density / Sq Mi
$146,688
Median Household Income
$70,943
Median Earnings
$2,525
Median Rent
$598,300
Median Home Value
Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
NNN property - NNN-leased dental property with a recently extended five-year lease and DSO-backed tenant support.
Where is this nnn property located?
The property is located at B20-3336 E Chandler Heights Road Gilbert, AZ.
What is the asking price?
The asking price for this property is $1,053,000.
What are key features of this property?
This property features: NNN lease structure with a recently signed five‑year lease extension; Dental tenant supported by a Dental Support Organization (DSO); Reported property size of 2,115
