Property profile

2950 Dobson Rd Chandler, AZ 85224

OFF-MARKET
Turn key restaurants
Property ID
US07-0130235
2,520 SF 1.39 ac lot Built 1980
Entity Owned 6-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional 1,626 square foot single-tenant office space is available for lease in Chandler, Arizona, at 2950 N. Dobson Rd, zip code 85224. The property is situated within a well-maintained retail center on a 1.45-acre lot, offering excellent visibility and accessibility. Zoned PAD by the City of Chandler, this versatile space is suitable for various uses, including medical, executive, or creative office settings, as well as retail. The property boasts a base rent of $17 per square foot annually, translating to a monthly base rent of $2,302.08. In addition, there are annual net, net, net (NNN) charges of $5.75 per square foot, resulting in a monthly NNN expense of $717. The property's prime location within a high-traffic area ensures significant exposure and accessibility for businesses. This is a fantastic opportunity to secure a well-maintained, conveniently located office space in a thriving Chandler retail center. The property's flexible zoning and ample square footage make it an ideal choice for a variety of businesses seeking a prominent presence in a desirable location. The address is easily accessible and benefits from high visibility, making it an attractive option for businesses seeking a strong commercial presence.

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1980
Construction CONCRETE
Total area 2,520 SF
Lot 1.39 ac (60,578 SF)
Zoning code C-2
APN 302-79-021D
UPID US07-0130235

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
  • Hair Salon Nail Salon
  • Physician
  • Physician
  • Physician
  • Carpet & Flooring Store

Location

2950 Dobson Rd Chandler, AZ 85224-1800
Chandler metro Census 422211 PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.98M
Blend (final) Blend
$4.07M

Owner & transaction history

since 2019
7 recorded transactions
2023
Price N/A
2021
Price N/A
2019
Price N/A
2018
Price N/A
2017
Price N/A
2005
$4.1M
1969
Price N/A

Zoning & alternative use

C-2 · Chandler, AZ
Zoning description

rdance with Article XVIII of this Code. (Ord. No. 3063, § 3, 11-18-99) 35-1205. - Site development. All buildings shall be in accordance with Article XIX of this Code. (Ord. No. 4931, § 2(Exh.), 8-13-20) ARTICLE XIII. -…

General category COMMERCIAL
Top alternative use upside
Commercial (general) $2.0M +54.6%
Neighborhood: shopping center $1.6M +22.3%

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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