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One Chandler Corporate Center 350 N McClintock Dr 117,394 SF 100% Leased 4-Star Office Building Chandler, AZ 85226 For Sale
Investment Highlights
- 100% Leased - Two Physically Occupying Tenants
- Nationally Recognized Anchor Tenant
- Government Contract Operator/Secure Facility
- Durable, Staggered Income Stream
- High-Growth Insurance Services Tenant
- Prime Southeast Valley Location
Executive Summary
Newmark, as exclusive advisor, is pleased to present the opportunity to acquire the fee simple interest in One Chandler Corporate Center, a ±117,394 square foot, institutional-quality, Class A office asset located at 350 N. McClintock Drive in Chandler, Arizona (the "Property"). Constructed in 2018, the Property is a two-story, 100% leased building occupied by two high-quality tenants — DISH Network, a wholly owned subsidiary of EchoStar Corporation (NASDAQ: SATS) and Allcat Claims Service — providing investors with durable, in-place cash flow from two physically occupying tenants with a blended WALT of 4.5 years.
This 100% leased, two tenant investment opportunity offers a rare combination of new-construction quality, a fully occupied rent roll anchored by a nationally recognized publicly traded company and a high-growth insurance services operator, and a freeway-proximate Chandler location surrounded by one of Metro Phoenix's deepest retail and amenity bases. With zero new competitive office supply under construction in the immediate submarket, the Property's in-place tenancy and 2018 vintage stand out as a high-quality, low-risk, income-producing asset in one of Arizona's strongest suburban office markets.
This 100% leased, two tenant investment opportunity offers a rare combination of new-construction quality, a fully occupied rent roll anchored by a nationally recognized publicly traded company and a high-growth insurance services operator, and a freeway-proximate Chandler location surrounded by one of Metro Phoenix's deepest retail and amenity bases. With zero new competitive office supply under construction in the immediate submarket, the Property's in-place tenancy and 2018 vintage stand out as a high-quality, low-risk, income-producing asset in one of Arizona's strongest suburban office markets.
Property Facts
Sale Type
Investment
Property Type
Office
Building Size
117,394 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
2018
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
58,697 SF
Building FAR
0.28
Lot Size
9.73 AC
Zoning
I-1 - 1512 - Office Bui
Parking
702 Spaces (6 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
Fairly walkable
50/100
Exceptionally drivable
90/100
Limited public transit
30/100
Moderately bikeable
70/100
Property Taxes
| Parcel Number | 301-86-983 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $2,932,082 |
Property Taxes
Parcel Number
301-86-983
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$2,932,082
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One Chandler Corporate Center | 350 N McClintock Dr
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