For Sale
$489,820

1345 Chandler BlvdPhoenix, AZ 85048

High-ROI Warehouse, 100% Occupied

Overview

Added:
Dec 11, 2024
Days on market:
116
This Phoenix warehouse, built in 2004 and renovated in 2024, offers a compelling investment opportunity. Located at 1345 E Chandler Blvd, Suite 205, in the Ahwatukee Foothills area of Phoenix, Arizona (zip code 85048), this 1,289 square foot, two-story building boasts a 5.00% cap rate and a current net operating income (NOI) of $24,491.04. The property is 100% occupied under a NNN lease and features a single tenant. The asking price is $489,820. The building sits on a Pad zoned lot within the City of Phoenix, Maricopa County, and benefits from excellent transportation access and strong local amenities. Its strategic location within a thriving business environment ensures long-term growth potential and stable cash flow. The property's APN is 300-97-958. This is an exceptional opportunity for investors seeking a high-return, low-risk investment in a desirable location. The property's recent renovation ensures modern functionality and appeal. The strong local economy and high occupancy rate contribute to its attractive investment profile. This warehouse presents a rare chance to acquire a well-maintained, income-producing asset in a prime Phoenix location.

Highlights

  • $489,820 asking price for a 1,289 SF warehouse.
  • NNN lease, single tenant, 100% occupancy.
  • 5.00% cap rate with a $24,491.04 NOI.
  • 2-story building, 2004 construction, renovated in 2024.
  • Located at 1345 E Chandler Blvd, Phoenix, AZ 85048; Pad zoning, Maricopa County, APN 300-97-958.

Property Details for 1345 Chandler Blvd

Property type
Warehouses, Office properties
Square Feet
1,289 SF
Year Built/Renovated
2004/2024
Stories
2

Location Insight

City
Phoenix
County
Maricopa
State
Arizona
Latitude
33.3047769
Longitude
-112.0527458
1345 Chandler Blvd, Phoenix, Arizona

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1345 Chandler Blvd
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