Property summary
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
VerifiedCap rate & NOI
Current use
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Physician
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Physician
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Physician
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Physician
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Physician
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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