For Sale
$752,641

815 Warner RdChandler, AZ 85225

Chandler Office Building, High ROI

Overview

Added:
Dec 11, 2024
Days on market:
117
This exceptional Chandler, Arizona office condo, totaling 1,406 square feet, presents a compelling investment opportunity. Located at 815 E Warner Rd, 85225, within the desirable Warner Gateway Office Park, this property boasts a strong 6.50% cap rate and a Net Operating Income (NOI) of $48,921. Currently leased to Advanced Pain Management under a new, triple-net (NNN) lease commencing August 2024 and extending through July 2029, with a 3% annual rent increase. The lease structure ensures the tenant covers all expenses, including repairs and HVAC maintenance. The property's prime location offers easy access to major tech companies like Intel and PayPal, along with abundant dining and shopping options, including the Chandler Fashion Center. This is a fantastic opportunity for investors seeking a stable, high-return investment in a thriving Arizona market. The property is part of a larger portfolio of seven properties, offering flexibility for potential buyers. The asking price is $752,641, translating to $535.31 per square foot. The property's APN is 302-39-031, 302-39-032, and 302-39-033. This medical and traditional office space is ready for immediate income generation.

Highlights

  • NNN investment opportunity in Chandler, AZ.
  • 1,406 SF office condo occupied by Advanced Pain Management.
  • New 5-year lease (August 2024 - July 2029) with 3% annual rent increases.
  • Triple Net (NNN) lease; tenant responsible for all expenses and repairs.
  • Part of a seven-property portfolio, available for individual or portfolio purchase.

Property Details for 815 Warner Rd

Property type
Office properties, Medical offices
Square Feet
1,406 SF

Location Insight

City
Chandler
County
Maricopa
State
Arizona
Latitude
33.334205
Longitude
-111.8275129
815 Warner Rd, Chandler, Arizona

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815 Warner Rd
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