1072 Chandler Blvd Chandler, AZ 85224-5201
- Retail space
- 5,030 SF
- 0.44 lot acres
Current Use by Public Records
- Action Behavior Centers - ABA Therapy for Autism / Pediatric Clinic / Applied Behavior Analysis Therapist
Property Details for 1072 Chandler Blvd
- Year built
- 1999
- Construction
- STEEL FRAME
- Lot size
- 0.44 lot acres
- Property size
- 5,030 SF
- Zone code
- M-H
- Property type
- Retail space
- APN
- 302-74-663A
- APU
- 30274663A
Description
This exceptional 56,146 square foot medical and creative office building, located at 1072 W Chandler Blvd in Chandler, Arizona (zip code 85224, Maricopa County), presents a unique investment opportunity. Built in 1999 and extensively renovated in 2021, the property boasts a strong tenant mix, including Banner Imaging, Chase Bank, 360 Physical Therapy, Sun Valley Recovery, and various restaurants. Currently, 6,600 square feet of space is available for lease, offering flexibility for multiple tenants. The building enjoys high visibility due to prominent monument signage opportunities. Its strategic location provides convenient access to essential healthcare facilities, being only 1.5 miles from Chandler Regional Hospital and 2 miles from the Chandler Banner Health Center. This multi-tenant property offers a blend of medical and creative office spaces, catering to a diverse range of businesses. The modern design and recent renovations ensure a high-quality environment for tenants and investors alike. The property's strong tenant base and prime location in Chandler, Arizona, contribute to its significant investment potential. This is an excellent opportunity to acquire a well-maintained, high-demand property in a thriving market. The available space presents a chance to expand your business or add a valuable asset to your portfolio.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $11,970,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $15,620,000
- 6.5%
- $16,555,000
- 7%
- $15,275,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $16,690,000
- Geo Method
- $17,215,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $14,885,000
- Retail
- $13,290,000
- Mixed-Use
- $18,580,000
- Hospitality
- $13,675,000
- Educational
- $15,200,000
- Residential Income
- $14,560,000
- Energy
- $13,700,000
- Income-Based Land
- $15,800,000
- Food Service
- $18,065,000
Location Insight
- Map
- Local Demand
- City
- Chandler
- County
- Maricopa
- State
- Arizona
- Longitude
- -111.861
- Latitude
- 33.3065
- CBSA code
- 38060
- CBSA name
- PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA