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Property profile & analytics
FOR LEASE
Distribution centers
7100 W Erie St, Chandler, AZ 85226
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US07-3347915
For Lease
1 / 3
$3,900,000
7100 W Erie St, Chandler, AZ 85226
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Property summary
AI-generated overview
This ±44,317 square foot industrial warehouse, located at 7100 W Erie St, Chandler, AZ 85226, presents a significant opportunity. The property, situated on 1.98 acres, features a single-tenant occupancy and is classified as Class B. Built in 1992 and extensively renovated in 2023, this two-story building boasts a 24-foot ceiling height, providing ample vertical space. The warehouse includes six dock-high doors and five grade-level doors, ensuring efficient loading and unloading. The interior features a wet system, 100% HVAC, and LED lighting throughout the warehouse. Approximately 9,906 square feet is dedicated to office space. The property benefits from a robust power supply of 1,200A 277/480V and is zoned I-1. The building's column spacing is 40' x 36'. A new roof was installed as part of the 2023 renovations. The property is available for immediate occupancy. Maricopa County APN: 301-84-087.
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
1992
Construction
CONCRETE
Total area
39,348 SF
Lot
1.98 ac (86,236 SF)
Zoning code
I-1
APN
301-84-087
UPID
US07-3347915
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
-
Arizona Region VB Facility Sports Field & Court
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.90M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.90M
Owner & transaction history
Sl7 Industrial Acquisition LP · 2 yrs held
Sl7 Industrial Acquisition LP
since 2024
Last sale
$3.9M
7 recorded transactions
Zoning & alternative use
I-1 · Chandler, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Chandler submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Chandler submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$3,900,000
ML approach
$3,900,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$3.90M
Range $3.51M – $4.29M · ±10% · vs last sale $3.90M (May 3 2024)
Last sale anchor
$3.90M
May 3 2024
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$99 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$39,254
Tax year 2022
Assessed value
$949,410
Assessed 2024
Previous assessed
$949,410
+0.0% YoY
Effective rate
4.13%
On assessed value
Land market value
$951,800
Improvement market value
$4,802,200
Total market value
$5,754,000
Applied tax rate
280,300.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Status
For Lease
Year built
1992
Construction
CONCRETE
Heating
PACKAGE
Cooling
YES
Stories
1
Total area
39,348 SF
Lot
1.98 ac (86,236 SF)
Zoning code
I-1
APN
301-84-087
UPID
US07-3347915
Jurisdiction
MARICOPA
Zoning & alternative use
I-1 · Chandler, AZ
Zoning I-1 · permitted uses
I-1 · Chandler, AZ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Chandler. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1992
Construction
CONCRETE
Heating
PACKAGE
Cooling
Yes
Stories
1
Lot
1.98 ac
Current owner
From public records · entity-resolved
Sl7 Industrial Acquisition LP
Entity
Mailing address
100 CRES CT STE #850, DALLAS, TX 75201-6904
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 3, 2024
—
Sl7 Industrial Acquisition LP
Sl7 Phx Industrial LP
Intrafamily Transfer
related
—
Dec 22, 2020
—
Spiral Sports Complex II LLC
—
Deed
related
$2,000,000 · Jeffrey L Mark
Jun 27, 2018
$3,901,000
Spiral Sports Complex II LLC
Oel LLC
Grant Deed
—
Nov 28, 2017
$3,800,000
Oel LLC
7100 West Erie Street LLC
Special Warranty Deed
$3,040,000 · Wells Fargo Bank NA
Jun 2, 2017
—
7100 West Erie Street LLC
—
Deed
related
$19,500,000 · Wells Fargo Bk
Aug 15, 2003
—
7100 W Erie Street LLC
Hoffman,tr
Grant Deed
related
—
Jun 3, 2003
$2,235,750
Hoffman,tr
Spiral INC
Grant Deed
$1,676,814 · Wells Fargo Bank Arizona
Jan 3, 1994
—
Spiral Recycling INC
Fowler
Trustees Deed
$1,035,000 · National Bank Canada
Aug 29, 1991
—
Reginald D Fowle
Galveston Oaklan
Grant Deed
related
—
—
—
7100 West Erie Street LLC
—
Deed Of Trust
related
$19,500,000 · Wells Fargo Bk
—
—
Spiral Sports Complex II LLC
—
Deed Of Trust
related
$2,000,000 · Jeffrey L Mark
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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