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Highlights
- Prominent location in a high-visibility Downtown Chandler commercial corridor enhancing brand presence and client accessibility
- Strong regional connectivity with immediate access to Loop 202 and Loop 101 linking major East Valley business districts
- Roll-up bay door and outdoor patio offering unique functionality for hybrid office, storage, or creative operations
- Recently remodeled layout featuring multiple private offices, conference rooms, bullpen space, and modern common areas supporting diverse professional
- Ample parking and available monument signage providing excellent convenience for employees and visitors
- Located within a thriving innovation hub supported by high household incomes, strong workforce talent, and expanding commercial activity
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 6,725 SF | Negotiable | $28.00 /SF/YR $2.33 /SF/MO $188,300 /YR $15,692 /MO | Triple Net (NNN) |
1st Floor
Reception, 14 Offices, 2 Restrooms, 2 Conference Rooms, Break Room, Bull Pen, A/C.
- Lease rate does not include utilities, property expenses or building services
- Open Floor Plan Layout
- Fits 17 - 54 People
- 14 Private Offices
- 2 Conference Rooms
- Reception Area
- Private Restrooms
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
Property Facts
| Total Space Available | 6,725 SF | Gross Leasable Area | 6,725 SF |
| Property Type | Retail | Year Built | 1997 |
| Property Subtype | Freestanding | Parking Ratio | 5.95/1,000 SF |
| Total Space Available | 6,725 SF |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Leasable Area | 6,725 SF |
| Year Built | 1997 |
| Parking Ratio | 5.95/1,000 SF |
About the Property
398 S Arizona Avenue presents a compelling opportunity for users seeking a well-designed, full-service office environment in a vibrant Downtown Chandler setting. The property occupies a prime position along a visible, high-traffic commercial corridor, surrounded by an expanding mix of professional, medical, financial, and municipal uses that continue to elevate the area’s commercial vitality. Recently remodeled and thoughtfully configured, the building features a modern single-story layout that supports efficient workflows, strong team collaboration, and private meeting space. The interior includes 14 dedicated offices, two conference rooms, an open bullpen area, a large break room, two restrooms, and a welcoming reception area, creating a versatile environment ideal for professional services, medical-adjacent users, creative workgroups, and other office-forward operations. A rare roll-up bay door and outdoor patio further enhance flexibility for storage, hybrid office-production functions, and employee comfort. Positioned minutes from Loop 202 and Loop 101, the property provides excellent regional connectivity to the East Valley’s major employment centers, residential communities, and business districts. Downtown Chandler’s walkability, rich amenity base, and strong economic momentum reinforce the appeal for both employees and visiting clients. The city is recognized for its innovation-driven economy, high-performing workforce, and pro-business environment. Chandler is home to leading semiconductor, aerospace, and technology firms and consistently ranks as one of Arizona’s strongest markets for quality of life, workforce talent, and business growth. Population concentration, income levels, and daytime employment density in the surrounding trade area further support long-term operational success. With abundant parking, prominent monument signage, and a strategic address near major retail, dining, and civic amenities, 398 S Arizona Avenue stands out as a turnkey office solution for organizations looking to establish a strong, visible presence in one of the East Valley’s most dynamic submarkets.
- Bus Line
- Dedicated Turn Lane
- Signage
Nearby Major Retailers
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398 S Arizona Ave
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