$129-$25,802/Mo per office

3100 Ray Rd Unit 201,Unit 201, Chandler, AZ 85226
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This Class A office building, located at 3100 West Ray Road, Suite 201, Chandler, AZ 85226, offers a diverse range of workspace solutions. The 12,706 square foot building boasts 350 suites, with 5,970 square feet currently vacant, divisible down to a minimum of 10 square feet and offering contiguous space up to 1,300 square feet. Ideal for businesses of all sizes, the property features a modern interior with granite and limestone flooring in the lobby, a convenient videoconferencing studio, and a drop-in business lounge. Amenities include an on-site sandwich bar and outdoor seating. The building underwent renovations in 2019 and includes elevators for convenient access to all floors. Situated in Maricopa County, this property provides easy access to Arizona State Route 101 and Phoenix Sky Harbor International Airport, making it an excellent location for businesses seeking a vibrant and accessible workspace. The building caters to various business needs, including executive office space, coworking opportunities, and creative office layouts. This prime Chandler location is perfect for businesses looking to thrive in a dynamic and entrepreneurial environment. The property's multiple tenancy structure offers flexibility for businesses of varying sizes and requirements.

Property type Office buildings

Use group OFFICE BUILDING

Year built 2003

Construction STEEL FRAME

Total area 136,458 SF

Lot 7.84 ac (341,590 SF)

Zoning code PAD

APN 301-63-805

UPID US07-3458053

Implied cap rate, NOI & suggested price

Cap rate vs submarket · NOI estimate · 3 price anchors

Factory Production Facility
Real Estate Agency
Counselor
Medical Clinic
(Bike/Boat/Book/etc) Store Corporate Office

3100 Ray Rd Unit 201, Unit 201 Chandler, AZ 85226

Chandler metro Census 810200 PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA

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CAP Approach CAP

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Comparable Approach Comparable

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Blend (final) Blend

$28.86M

since 2025

Last sale

$17.5M

6 recorded transactions

2025

$17.5M

2017

Price N/A

2016

$28.8M

2006

$27.1M

2002

$2.2M

1969

Price N/A

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

Comparables

6 recent transactions · within 1.5 mi

Comparable in this City

Value Estimation
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$1,660,000

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$775,000

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118 Kyrene Rd Ste, Unit 1

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118 Kyrene Rd Ste, Chandler, AZ 85226-4718

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Value Estimation
$610,000

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112 Kyrene Rd Ste, Unit 1

OFFICE BUILDING

112 Kyrene Rd Ste, Chandler, AZ 85226-4698

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Value Estimation
$1,760,000

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70 Mcclintock Dr Ste, Unit 1

OFFICE BUILDING

70 Mcclintock Dr Ste, Chandler, AZ 85226-3711

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Value Estimation
$1,680,000

10,424 SF

5505 Chandler Blvd Ste, Unit 10

OFFICE BUILDING

5505 Chandler Blvd Ste, Chandler, AZ 85226-3683

View Details

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