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Property profile & analytics
FOR LEASE
Office buildings

55 N Arizona Pl Chandler, AZ 85225

104,293 SF 0.97 ac lot Built 1998
Entity Owned 6-yr Hold Free & Clear
Property ID
US07-1179187
Property summary
AI-generated overview

This exceptional retail opportunity presents 14,167 square feet of vacant space within a 204,206 square foot, Class C building constructed in 1999, located in the heart of Downtown Chandler, Maricopa County. The property boasts a highly desirable Arizona Avenue location, offering unparalleled visibility and accessibility along the city's main commercial thoroughfare. This vibrant area is surrounded by popular restaurants and retail establishments, including SanTan Brewing and Over Easy, ensuring a consistent flow of foot traffic. The space is divisible, with minimum suite sizes of 1,797 square feet and maximum contiguous space of 5,337 square feet, providing flexibility for a variety of retail or restaurant concepts. The strategic location benefits from a high-density market, situated within one mile of 840 residential units and 7.8 million square feet of office space, guaranteeing a substantial pool of potential customers from both residents and office workers. This presents a unique chance to establish a thriving business in a bustling and well-established commercial district. The property is multi-tenant and offers a prime opportunity for businesses seeking high visibility and a strong customer base.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1998
Construction CONCRETE
Total area 104,293 SF
Lot 0.97 ac (42,166 SF)
Zoning code PAD
APN 303-06-138
UPID US07-1179187
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Garcia Group - Fairway Independent Mortgage Corp. Loan Service Bank
  • Chance Casey Real Estate Group Real Estate Agency
  • Mavis Building Supply
  • Santosh Cherian - REALTOR - My Home Group Real Estate Agency
  • Western International University Inc College University
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$30.29M
Blend (final) Blend
$30.27M
Owner & transaction history
55 North Arizona Place LLC · 6 yrs held
55 North Arizona Place LLC
since 2019
7 recorded transactions
2025
Price N/A
2019
$22.5M
2019
Price N/A
2016
Price N/A
2015
$17.0M
2006
$20.2M
1998
Price N/A
Zoning & alternative use
PAD · Chandler, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores $47.1M +142.3%
Auto repair, garage $40.2M +106.5%
Medical building $22.0M +13.3%
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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