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1450 Spectrum Blvd Chandler, AZ 85286-8451

Office buildings Google Maps
86,477 SF 18.35 ac lot Built 2012
Entity Owned Absentee Owner ~ Est. High Equity
Estimated value (blended)
$32.29M
Range $29.06M – $35.51M (±10%)
Property ID US07-1815793

Property summary

AI-generated overview

This exceptional Class A office property, Allred Park Place - Building 4, offers a total of 100,622 square feet of versatile workspace in Chandler, Arizona. Currently, two suites totaling 50,311 square feet are available for lease. The building is part of the larger Allred Park Place development, a premier mixed-use complex boasting over two million square feet of sophisticated office space. Located at 1450 S Spectrum Blvd, Chandler, AZ 85286, this property benefits from a strategic location within the thriving Chandler submarket. Its convenient access to greater Metropolitan Phoenix and Sky Harbor International Airport makes it highly desirable for businesses of all sizes. The building's design caters to various office needs, encompassing traditional, executive, and creative office spaces. The property's Class A designation reflects its high-quality construction, modern amenities, and prime location. Interested parties are encouraged to explore the Allred Park Place website for further details. This is a rare opportunity to secure premium office space in one of Chandler's most sought-after business locations.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 2012
Construction CONCRETE
Total area 86,477 SF
Lot 18.35 ac (799,172 SF)
Zoning code PAD
APN 303-25-764
UPID US07-1815793

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
  • Corporate Office
  • Corporate Office

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$32.29M
Blend (final) Blend
$32.29M

Owner & transaction history

since 2026
5 recorded transactions
2026
$17.8M
2015
Price N/A
2014
Price N/A
2009
Price N/A
2009
Price N/A

Zoning & alternative use

PAD · Chandler, AZ
Zoning description

rezoning classification to be sought by, or to be applicable to, private interests for off-airport parcels or uses. Off-airport uses shall be considered under other zoning designations, such as Planned Area Development (…

General category RESIDENTIAL
Top alternative use upside
Restaurant $44.9M +132.7%
Retail stores $39.1M +102.6%
Auto repair, garage $33.3M +72.6%

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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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