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Building D 604 W Warner Rd 7,816 SF 51% Leased Office Building Chandler, AZ 85225 $2,621,464 ($335.40/SF)

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EXECUTIVE SUMMARY

604 W Warner Rd, Building D, is a prime investment opportunity offered at $2,621,464 with a 6.25% cap rate. This NNN property features three medical office suites, including Suites 1 & 2, which are fully leased(3,972 SF) and generate $89,370 in annual income ($22.50 PSF), with 3% annual increases through 3/31/2029. Suite 3, a vacant 3,843 SF space, offers excellent potential for additional income and tenant customization or for an owner-user. Located in the thriving city of Chandler, known for its strong population growth, high median household income, and robust healthcare demand, this property combines current cash flow stability with future upside, making it an ideal investment in a premier location.
Location Description:
Warner Rd & Alma School

PROPERTY FACTS

Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
7,816 SF
Building Class
B
Year Built
1987
Price
$2,621,464
Price Per SF
$335.40
Percent Leased
51%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
7,816 SF
Building FAR
1.00
Lot Size
0.18 AC
Zoning
Commercial - Commercial

AMENITIES

  • Courtyard
  • Signage

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • CONDITION
  • AVAILABLE
  • 1st Fl-Ste 3
  • 3,844 SF
  • Office
  • Partial Build-Out
  • Now

Suite 3 offers ±3,844 SF Includes: Reception Area, 2 Waiting Areas, 8 Offices, 4 Storage Rooms, 3 Restrooms, a Break Room, and an IT closet.

Space Size Space Use Condition Available
1st Fl-Ste 3 3,844 SF Office Partial Build-Out Now

1st Fl-Ste 3

Size
3,844 SF
Space Use
Office
Condition
Partial Build-Out
Available
Now

1st Fl-Ste 3

Size 3,844 SF
Space Use Office
Condition Partial Build-Out
Available Now

Suite 3 offers ±3,844 SF Includes: Reception Area, 2 Waiting Areas, 8 Offices, 4 Storage Rooms, 3 Restrooms, a Break Room, and an IT closet.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
302-27-939
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$124,680
  • Listing ID: 34498041

  • Date on Market: 1/15/2025

  • Last Updated:

  • Address: 604 W Warner Rd, Chandler, AZ 85225

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