Property profile

2979 Elliot Rd Chandler, AZ 85224

OFF-MARKET
Office Spaces
2,041 SF Built 2006
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Property summary

AI-generated overview

This exceptional Class A medical office condo, located at 2979 W Elliot Rd, Ste 1, Chandler, AZ 85224, presents a unique investment opportunity. Built in 2006 and extensively renovated in 2023, this 2,041 square foot space boasts a prime location off the Loop 101 Freeway and Elliot Road, offering convenient access and high visibility. The property features a spacious waiting area, administrative office, seven exam rooms, a provider's office, two restrooms, a storage/data room, a janitorial room, and a secured medication room. The multi-tenant building provides ample parking with a ratio of 4.95 spaces per 1,000 square feet. Currently vacant, this turnkey property is ideal for an established medical practice seeking a modern and well-equipped space or an investor looking for a strong return. The property is offered at $793,949 and is a Net Net Net (NNN) lease. The APN is 302-79-734. This is a rare opportunity to acquire a high-quality medical office condo in a thriving Chandler location. Don't miss out on this exceptional offering.

Property profile

Verified
Property type Office Spaces
Year built 2006
Total area 2,041 SF

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Dental Office
  • Dental Office
  • Physician
  • Physician
  • Dental Office

Location

2979 Elliot Rd Chandler, AZ 85224
Chandler metro
Google Maps

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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