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Vacant CVS Redevelopment Opportunity 1015 E Ray Rd 14,068 SF Retail Building Chandler, AZ 85225 $3,500,000 ($248.79/SF)
INVESTMENT HIGHLIGHTS
- Signalized Hard Corner (±2.21-Acres)
- ±$125,572 3-Mile Average HH Income
- ±143,782 Population in a 3-Mile Radius
EXECUTIVE SUMMARY
- Vacant CVS redevelopment opportunity featuring a ±14,068 SF building on a large ±2.21-acre hard-corner parcel.
- The Property is located at the signalized intersection of E Ray Rd and N McQueen Rd (±26,832 VPD) (Source: ADOT, 2024).
- A Safeway anchored center is directly across the street, with other tenants including Dignity Health, Wells Fargo, Dollar Tree, and more.
-This location boasts strong demographics with a population of ±143,782 and an average household income of ±$125,572 in a 3-mile radius (Source: Esri).
- The Property is located at the signalized intersection of E Ray Rd and N McQueen Rd (±26,832 VPD) (Source: ADOT, 2024).
- A Safeway anchored center is directly across the street, with other tenants including Dignity Health, Wells Fargo, Dollar Tree, and more.
-This location boasts strong demographics with a population of ±143,782 and an average household income of ±$125,572 in a 3-mile radius (Source: Esri).
DATA ROOM Click Here to Access
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
14,068 SF
Building Class
B
Year Built
2005
Price
$3,500,000
Price Per SF
$248.79
Tenancy
Single
Building Height
1 Story
Building FAR
0.15
Lot Size
2.21 AC
Zoning
PAD - Planned Area Development
Parking
60 Spaces (4.26 Spaces per 1,000 SF Leased)
AMENITIES
- Signage
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 302-84-929 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $542,246 |
PROPERTY TAXES
Parcel Number
302-84-929
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$542,246
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Vacant CVS Redevelopment Opportunity | 1015 E Ray Rd
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