For Sale
$1,950,000

6909 Ray Rd Chandler, AZ 85226

High-traffic Chandler retail space, 7,754 SF

Overview

Added:
Dec 11, 2024
Days on market:
137
This 7,754-square-foot retail storefront, located at 6909 W Ray Rd in Chandler, Arizona (zip code 85226, APN 301-68-981), presents a unique investment opportunity. Built in 1996, this single-story, fee-simple property boasts a 100% occupancy rate and is situated on a prominent corner lot within a high-traffic area. Currently configured as a showroom with ample storage, restrooms, and multiple entrances, the space offers flexibility for various retail uses. The existing tenant, a flooring company, is willing to vacate, opening the door for diverse possibilities, including subdivision into smaller units. The property's PAD zoning allows for a range of retail businesses. The asking price is $1,950,000, translating to $251.48 per square foot. While the current NOI and cap rate are 0%, the potential for significant return on investment is substantial given the prime location and adaptable layout. This is an exceptional chance to acquire a well-positioned retail property in a thriving Chandler market.

Highlights

  • $1,950,000 asking price for this 7,754 square foot retail storefront.
  • Located at 6909 W Ray Rd, Chandler, AZ 85226, on a hard corner in a high-traffic area.
  • Currently 100% occupied by a flooring company (available for sale separately, allowing for immediate vacancy).
  • Features a large open showroom, storage room, restrooms, and multiple entrances, allowing for potential subdivision.
  • PAD zoning permits various retail uses.
  • Fee simple ownership.

Property Details for 6909 Ray Rd

Property type
Retail properties, Retail space
Square Feet
7,754 SF
Year Built
1996
Stories
1
Units
1

Location Insight

City
Chandler
County
Maricopa
State
Arizona
Latitude
33.318536
Longitude
-111.9613675

FAQs

What type of property is this?
Retail property - High-traffic Chandler retail space, 7,754 SF
Where is the retail property located?
The property is located at 6909 Ray Rd Chandler, AZ.
What is the asking price?
The asking price for this property is $1,950,000.
What are key features of this property?
This property features: $1,950,000 asking price for this 7,754 square foot retail storefront.; Located at 6909 W Ray Rd, Chandler, AZ 85226, on a hard corner in a high-traffic area.; Currently 100% occupied by a flooring company (available for sale separately, allowing for immediate vacancy).
How can I contact the broker?
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6909 Ray Rd
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