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575 W Chandler Blvd - Bldg C 2,456 SF Medical Condo Unit Offered at $1,100,000 in Chandler, AZ 85225
PROPERTY FACTS
| Total Building Size | 18,946 SF | Typical Floor Size | 9,473 SF |
| Property Type | Office (Condo) | Year Built | 2004 |
| Property Subtype | Medical | Lot Size | 4.34 AC |
| Building Class | B | Parking Ratio | 5/1,000 SF |
| Floors | 2 | Opportunity Zone |
Yes
|
| Zoning | PAD - Planned Area Development | ||
| Total Building Size | 18,946 SF |
| Property Type | Office (Condo) |
| Property Subtype | Medical |
| Building Class | B |
| Floors | 2 |
| Typical Floor Size | 9,473 SF |
| Year Built | 2004 |
| Lot Size | 4.34 AC |
| Parking Ratio | 5/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | PAD - Planned Area Development |
AMENITIES
- Air Conditioning
1 UNIT AVAILABLE
Unit 120
| Unit Size | 2,456 SF | Sale Type | Investment |
| Price | $1,100,000 | Cap Rate | 6.21% |
| Price Per SF | $447.88 | NOI | $68,339.60 |
| Condo Use | Medical |
| Unit Size | 2,456 SF |
| Price | $1,100,000 |
| Price Per SF | $447.88 |
| Condo Use | Medical |
| Sale Type | Investment |
| Cap Rate | 6.21% |
| NOI | $68,339.60 |
DESCRIPTION
Medical office condominium located within Focus Corporate Plaza on the south side of Chandler Blvd between Alma School Rd and Arizona Ave in Chandler, Arizona. Located in a professional office center with synergistic tenants and close proximity to other business and retail amenities. The site has easy access to the South Loop 202 and Loop 101 and is within a 5 mile radius of major medical including Chandler Regional Medical Center, Dignity Health ER, and Banner Ocotillo Medical Center.
SALE NOTES
This 2,456 SF office condominium is built-out medical with plumbed exam rooms, nurses' station, offices, private restrooms, conference room, and reception area/waiting room. The property is located within the Focus Corporate Plaza and is currently leased to HonorHealth with lease term through December 31, 2028 and two (2) options to renew their lease for an additional five (5) years.
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MAJOR TENANT INFORMATION Click Here to Access
| TENANT | SF OCCUPIED | LEASE END DATE |
|---|---|---|
| Hilarry A. Douglas, D.D.S., P.C. |
-
|
Jan 0000
|
| TMJ of Arizona LLC |
-
|
Jan 0000
|
| Krison Insurance |
-
|
Jan 0000
|
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575 W Chandler Blvd - Bldg C
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