1110 Dobson RdChandler, AZ 85286

Property Details for 1110 Dobson Rd

Year built

2008

Lot size

4.69 AC

Property size (Sq ft)

7,525 SF

Property type

Healthcare properties

Property subtype

Other office properties

Description

This exceptional 7,525-square-foot medical office condo, located at 1110 S Dobson Rd in Chandler, Arizona (APN 303-25-739A), presents a compelling investment opportunity. Built in 2008 and renovated in 2017, the single-story building boasts a 100% occupancy rate with a current Net Operating Income (NOI) of $17,738.37, yielding a 6.50% capitalization rate. The asking price is $3,275,112, translating to $435 per square foot. Situated on a 4.69-acre lot, the property features ample surface parking with a ratio of 5.5 spaces per 1,000 square feet. The lease is a NNN (Net, Net, Net) type, commencing February 1, 2025. Zoned PAD, this property benefits from its prime location within the Chandler Regional Hospital corridor, offering convenient access to Loop 202 freeway and proximity to established retail, dining, and residential areas. Building and monument signage are available, providing strong tenant visibility. The property's lush landscaping enhances its curb appeal. The decreasing vacancy rate in the surrounding trade area further strengthens its investment potential. This is a turnkey investment in a high-demand medical office market.

Location Insight

City

Chandler

County

Maricopa

State

Arizona

Latitude

33.2664

Longitude

-111.821

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