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    OFF-MARKET
    Neighborhood centers

    1238-1244 Chandler Blvd, Phoenix, AZ 85048

    17,595 SF Built 1994
    Property ID
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    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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