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604 W Warner Rd
Chandler, AZ 85225
Building E · Office Property For Sale
Executive Summary
Move-In-Ready Medical/Professional Office Space – 8% CAP NNN 10-year medical tenants investment
Secure this $4,919,501 medical office investment property in Chandler, AZ.
Property Highlights:
Fully leased investment medical office.
Building Size: ±14,156 SF.4
Upstairs Tenant: A large multispecialty practice with a 15-year history.
Downstairs Tenant: A national autism medical provider.6
Includes one elevator and in-suite restrooms.78
Ample parking is available.
The property's Net Operating Income (NOI - NNN) is $393,560.10
Location and Demographics (Chandler, AZ):
Chandler, Arizona, is the 4th largest city in the state and has been one of the fastest-growing cities in the United States since the 1990s.11
Total Population: 276K+.12
Average Household Income (AVG HH INCOME): $126K+.13
Leading Employers (providing over 28,000 jobs combined): Intel, Wells Fargo Bank, Chandler Unified School District, Bank of America, and Dignity Health.14
Local Traffic: The property sits on W Warner Rd, which has a VPD (Vehicles Per Day) of ±31,578.15
For more details, contact Bellagio Real Estate at 480-323-6072.
Secure this $4,919,501 medical office investment property in Chandler, AZ.
Property Highlights:
Fully leased investment medical office.
Building Size: ±14,156 SF.4
Upstairs Tenant: A large multispecialty practice with a 15-year history.
Downstairs Tenant: A national autism medical provider.6
Includes one elevator and in-suite restrooms.78
Ample parking is available.
The property's Net Operating Income (NOI - NNN) is $393,560.10
Location and Demographics (Chandler, AZ):
Chandler, Arizona, is the 4th largest city in the state and has been one of the fastest-growing cities in the United States since the 1990s.11
Total Population: 276K+.12
Average Household Income (AVG HH INCOME): $126K+.13
Leading Employers (providing over 28,000 jobs combined): Intel, Wells Fargo Bank, Chandler Unified School District, Bank of America, and Dignity Health.14
Local Traffic: The property sits on W Warner Rd, which has a VPD (Vehicles Per Day) of ±31,578.15
For more details, contact Bellagio Real Estate at 480-323-6072.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
14,156 SF
Building Class
B
Year Built
1987
Price
$4,919,501
Price Per SF
$347.52
Cap Rate
8%
NOI
$393,560
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
7,078 SF
Building FAR
1.53
Lot Size
0.21 AC
Zoning
PAD - Planned Area Development
Amenities
- Air Conditioning
Property Taxes
| Parcel Number | 302-27-940 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $150,091 |
Property Taxes
Parcel Number
302-27-940
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$150,091
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