375 S Arizona Ave
Chandler, AZ 85225
Retail Property For Sale

Downtown Chandler Retail Building – Excellent Owner-User or Investment Opportunity
Looking for the perfect small retail building in the heart of Downtown Chandler? This well-located 1,440-square-foot retail property offers an excellent opportunity for an owner-user, investor, or business looking to establish a presence in one of Chandler’s rapidly improving and increasingly active areas.
Situated at the highly visible intersection of Arizona Avenue (SR 87) and Frye Road, the property benefits from strong traffic exposure and a location surrounded by ongoing investment, redevelopment, businesses, residential growth, and the continued revitalization of Downtown Chandler. This is an opportunity to own your building rather than continue paying rent, while also benefiting from the long-term potential of the surrounding area.
The building is currently occupied by a cell phone store, providing an immediate income stream for a new owner. The existing tenant currently pays $1,700 per month, with the lease running through March 31, 2027. The lease provides the owner with the flexibility to cancel the lease with 120 days’ notice, creating an attractive opportunity for a future owner who wants to occupy the property for their own business.
For an investor, the property also offers meaningful rental upside. We believe current market rent is approximately $20 per square foot, which would equate to approximately $2,400 per month, or $28,800 annually. At that estimated market rent, the property could provide an estimated 6.5% cap rate, offering the potential for increased cash flow as the property is brought to market rents.
The property also includes parking in the rear of the building, providing convenient employee parking and additional functionality that can be particularly valuable for an owner-user.