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Chandler Square 1331 N Alma School Rd 6,202 SF 100% Leased Office Building Chandler, AZ 85224 $1,266,657 ($204.23/SF) 6.50% Cap Rate
Investment Highlights
- Built-in Rent Growth on Renewals
- Priced well below replacement cost
- Located in the highly sought-after Chandler submarket
- Strong upside for new ownership
- Fully Sprinklered Building
Executive Summary
1331 N Alma School Rd is a one-story, multi-tenant office building located in the highly sought-after Chandler submarket, surrounded by corporate neighbors and retail amenities.
Property Facts
Sale Type
Investment
Property Type
Office
Building Size
6,202 SF
Building Class
B
Year Built
1986
Price
$1,266,657
Price Per SF
$204.23
Cap Rate
6.50%
NOI
$82,333
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
6,202 SF
Building FAR
0.59
Lot Size
0.24 AC
Zoning
PAD - Planned Area Development
Amenities
- Conferencing Facility
- Signage
- Reception
- Storage Space
- Monument Signage
- Air Conditioning
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Fairly walkable
50/100
Very drivable
80/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 302-43-898 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $104,887 |
Property Taxes
Parcel Number
302-43-898
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$104,887
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Contact the Sale Advisor
Chandler Square | 1331 N Alma School Rd