10 Ray Rd Chandler, AZ 85225
- Retail properties
- 20,317 SF
Current Use by Public Records
- Retail properties
Property Details for 10 Ray Rd
- Property size
- 20,317 SF
- Property type
- Retail properties
Description
This exceptional 20,317-square-foot single-tenant retail space is ideally situated at the prominent I-10 and Ray Road intersection in Maricopa County. Boasting unparalleled visibility and accessibility, this property benefits from its location at the entrance to Chandler Pavilions, a thriving shopping center anchored by major retailers including Lowe's, Target, Sam's Club, Home Depot, AJ's Fine Foods, REI, Sportsman's, Golf Galaxy, Sprouts, and Home Goods. The property enjoys exceptional traffic counts, exceeding 213,000 cars per day on I-10 and over 39,000 cars per day on Ray Road, ensuring significant exposure to potential customers. A highly visible 70-foot pylon sign generates over 6 million views monthly. The surrounding area demonstrates strong demographics, with an average household income exceeding $138,000 within a 3-mile radius and over 117,000 employees within the same vicinity. The entire 1.8 million square foot Chandler Pavilions shopping center provides a robust and established retail environment. This property presents a unique opportunity for businesses seeking high visibility and access to a dense, affluent consumer base. The asking price is $22.00 per square foot, plus $4.50 per square foot for NNN expenses.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Chandler
- County
- Maricopa
- State
- Arizona
- Longitude
- -111.843
- Latitude
- 33.3206
