Property profile

6503 Frye Rd Chandler, AZ 85226

OFF-MARKET
Flex space
Property ID
US07-0822841
8,900 SF 1.09 ac lot Built 1985
Entity Owned 4-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional industrial warehouse property, located in Maricopa County's desirable East Valley submarket at 6503 W Frye Rd, offers a total of 8,980 square feet of versatile space currently available for lease. The property is classified as multi-tenant, allowing for flexibility in lease terms and space requirements. Two spaces are immediately available, each offering approximately 4,480 to 4,500 square feet of contiguous space. This presents a unique opportunity for businesses seeking efficient and well-located warehouse facilities in a thriving area of Phoenix. The building's design is well-suited for a variety of industrial uses, providing ample space for storage, distribution, or light manufacturing. The property's strategic location within the East Valley submarket offers excellent access to major transportation arteries, ensuring seamless logistics and convenient commutes for employees and clients. With the entire 8,980 square feet currently vacant, this presents a rare chance to secure a substantial warehouse space in a highly sought-after location. Interested parties are encouraged to inquire promptly to explore leasing options and secure this prime industrial property. The minimum divisible space is 4,500 square feet.

Property profile

Verified
Property type Flex space
Use group LIGHT INDUSTRIAL
Year built 1985
Construction CONCRETE
Total area 8,900 SF
Lot 1.09 ac (47,620 SF)
Zoning code I-2
APN 301-86-041A
UPID US07-0822841

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
  • General Contractor Renovation Specialist
  • Plumbing Service General Contractor
  • Brewery & Distillery Specialty Food Shop
  • Food Processing Plant Factory
  • Clothing Store

Location

6503 Frye Rd Chandler, AZ 85226-3310
Chandler metro Census 980400 PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$12.33M

Owner & transaction history

since 2021
Last sale
$12.9M
7 recorded transactions
2021
$12.9M
2017
Price N/A
1995
$300,000
1990
$1.3M
1988
$1.5M
1969
Price N/A
1969
Price N/A

Zoning & alternative use

I-2 · Chandler, AZ
Zoning description

ordance with Article XVIII of this Code. (Ord. No. 3063, § 3, 11-18-99) 35-1505. - Site development. All buildings shall be in accordance with Article XIX of this Code. (Ord. No. 4931, § 2(Exh.), 8-13-20) ARTICLE XVI. -…

General category INDUSTRIAL

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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