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Property profile

6615 Boston St Chandler, AZ 85226

OFF-MARKET
Flex space
Property ID
US07-1295699
View Sample
96,000 SF 5.1 ac lot Built 1978
Entity Owned Free & Clear

Property summary

AI-generated overview

The portfolio consists of eleven tilt-wall logistics and distribution properties with an average construction year of 2006 and an average office finish of 9.1%. Collectively, the assets span four major U.S. metro areas and provide a diversified footprint across Western U.S. logistics markets, with no single market representing more than 50% of rentable area. The portfolio includes 18 building suites ranging from 12,013 to 281,181 square feet (average of 59,463 square feet), offering a mix of user functionality and leasing flexibility. Vacant and/or available suites are designed for multi-tenant divisibility and include office finishes appropriate for distribution-oriented occupants, with a stated remaining area of 148,784 square feet described as move-in ready. The buildings are configured to support value-add through occupancy improvements and are described as having remaining rent renewal options tied to fair market value and an in-place rent level characterized as below market.

Property profile

Verified
Property type Flex space
Use group LIGHT INDUSTRIAL
Year built 1978
Construction CONCRETE
Total area 96,000 SF
Lot 5.1 ac (222,030 SF)
Zoning code I-2
APN 301-86-055A
UPID US07-1295699

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
  • Industrial Manufacturer Production Facility
  • Production Facility
  • Medical Supply Store
  • Industrial Manufacturer Production Facility

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$11.83M
Comparable Approach Comparable
$14.99M
Blend (final) Blend
$11.43M

Owner & transaction history

since 2025
Last sale
$14.7M
7 recorded transactions
2025
$14.7M
2020
Price N/A
2020
$9.2M
2018
Price N/A
2017
$8.2M
2015
$5.9M
2012
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
Top alternative use upside
Office building $21.8M +44.2%

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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