1345 Chandler BlvdPhoenix, AZ 85048

Property Details for 1345 Chandler Blvd

Year built

2004

Property size (Sq ft)

1,289 SF

Property type

Office properties

Property subtype

Other warehouses

Description

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.

Location Insight

City

Phoenix

County

Maricopa

State

Arizona

Latitude

33.3048

Longitude

-112.053

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