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1347 N Alma School Rd 25,758 SF 100% Leased Office Building Chandler, AZ 85224 $5,123,130 ($198.89/SF) 7.50% Cap Rate
Executive Summary
Location: 1347 N. Alma School Road, Chandler, AZ 85224
Occupancy: 100% leased
Multi-tenant, value-add investment sale
Upside from the lease-up of the vacant unit
Priced well below replacement cost
Well-maintained property
Prominent Chandler location, a sought-after submarket, with
numerous corporate & retail businesses nearby
Minutes from Loop 101, Loop 202, and US 60
Parking Ratio: 5.5/1,000 SF with covered parking
Cross-Streets: SEC of Alma School Rd and Knox Rd
Occupancy: 100% leased
Multi-tenant, value-add investment sale
Upside from the lease-up of the vacant unit
Priced well below replacement cost
Well-maintained property
Prominent Chandler location, a sought-after submarket, with
numerous corporate & retail businesses nearby
Minutes from Loop 101, Loop 202, and US 60
Parking Ratio: 5.5/1,000 SF with covered parking
Cross-Streets: SEC of Alma School Rd and Knox Rd
Property Facts
Sale Type
Investment
Property Type
Office
Building Size
25,758 SF
Building Class
B
Year Built
1986
Price
$5,123,130
Price Per SF
$198.89
Cap Rate
7.50%
NOI
$384,235
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
12,879 SF
Building FAR
1.56
Lot Size
0.38 AC
Zoning
PAD, Chandler - Planned Area Development
Amenities
- Restaurant
- Signage
1 1
Bike Score®
Very Bikeable (77)
Property Taxes
| Parcel Number | 302-43-180Y | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $246,754 |
Property Taxes
Parcel Number
302-43-180Y
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$246,754
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1347 N Alma School Rd
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