Property profile

1238-1244 Chandler Blvd Phoenix, AZ 85048

OFF-MARKET
Neighborhood centers
17,595 SF Built 1994
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Property summary

AI-generated overview

This exceptional 17,595 square foot multi-tenant property, located at 1238-1244 E Chandler Blvd in Phoenix, Arizona (zip code 85048), presents a unique investment opportunity. Situated on a 1.23-acre lot in the West Phoenix/Maryvale Ret submarket of Maricopa County, this building was constructed in 1994 and is zoned PCD. Currently, 4,007 square feet of space is available for lease. The property's previous use as a school, daycare, and educational facility offers a versatile layout. Key features include nine large rooms, a small kitchen, three offices, and eighteen restrooms. The expansive outdoor area boasts three fenced play yards, two covered play areas, and a basketball court. This property is ideal for a variety of businesses seeking a well-established location with ample space and unique amenities. The property type is listed as Retail and Office, with the subtype being Executive Office and Strip Center. This presents a rare opportunity to acquire a substantial property in a desirable location with significant potential for redevelopment or continued use as an educational or similar facility. The property's location provides easy access to major transportation routes and is within close proximity to various amenities.

Property profile

Verified
Property type Neighborhood centers
Year built 1994
Total area 17,595 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1238-1244 Chandler Blvd Phoenix, AZ 85048
Phoenix metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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