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    OFF-MARKET
    Office Spaces

    1110 Dobson Rd, Chandler, AZ 85286

    7,525 SF 4.69 ac lot Built 2008
    Property ID
    Property summary
    AI-generated overview

    This exceptional 7,525-square-foot medical office condo, located at 1110 S Dobson Rd in Chandler, Arizona (APN 303-25-739A), presents a compelling investment opportunity. Built in 2008 and renovated in 2017, the single-story building boasts a 100% occupancy rate with a current Net Operating Income (NOI) of $17,738.37, yielding a 6.50% capitalization rate. The asking price is $3,275,112, translating to $435 per square foot. Situated on a 4.69-acre lot, the property features ample surface parking with a ratio of 5.5 spaces per 1,000 square feet. The lease is a NNN (Net, Net, Net) type, commencing February 1, 2025. Zoned PAD, this property benefits from its prime location within the Chandler Regional Hospital corridor, offering convenient access to Loop 202 freeway and proximity to established retail, dining, and residential areas. Building and monument signage are available, providing strong tenant visibility. The property's lush landscaping enhances its curb appeal. The decreasing vacancy rate in the surrounding trade area further strengthens its investment potential. This is a turnkey investment in a high-demand medical office market.

    Property profile
    Verified
    Property type Office Spaces
    Year built 2008
    Total area 7,525 SF
    Lot 4.69 ac (204,296 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Arun Singavi, MD, MS Physician
    • HonorHealth Cancer Care - Chandler Physician
    • Dr. Megan R. Jhaver, MD, Infinity Internal Medicine Physician
    • Keri Hohm Physician
    • Mrs. Carrie Mattie Physician
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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