Property summary
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
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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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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