1600 Chandler BlvdChandler, AZ 85224

Property Details for 1600 Chandler Blvd

Year built

1987

Construction

CONCRETE

Lot size

2.13 AC

Property size (Sq ft)

10,920 SF

Zone code

PAD

Property type

Office buildings

APN

302-48-982

APU

30248982

Description

This exceptional medical office building, located at 1600 W Chandler Blvd in Chandler, Arizona (zip code 85224), offers a variety of lease options. The property, situated on a 2.13-acre lot, totals 22,127 square feet and was constructed in 1988. Currently, 8,924 square feet of space is available for lease, with individual suites ranging from a minimum of 1,865 square feet to a maximum contiguous space of 4,225 square feet. The building is zoned PAD and features ample parking with a ratio of 5 spaces per 1,000 square feet. The property is located in the East Valley submarket cluster of Chandler, Maricopa County, and its convenient location makes it ideal for medical practices seeking a prominent presence in a thriving community. The property's multiple tenancy structure allows for flexibility in lease terms and space requirements. The APN is 302-48-982. This is a fantastic opportunity for medical professionals seeking high-quality, well-located office space. Inquire today to learn more about available suites and lease options.

• CAP approach

  CAP return

  Valuation

  6%

  $1,699,225

  6.5%

  $1,568,516

  7%

  $1,456,479

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,683,318

  Geo Method

  $1,683,318

• Alternative Use

  Use

  Valuation

  Residential

  $1,944,960

  Hospitality

  $1,781,572

  Educational

  $1,482,247

  Medical

  $1,533,224

  Retail

  $2,305,718

Location Insight

City

Chandler

County

Maricopa

State

Arizona

Latitude

33.3069

Longitude

-111.869

CBSA code

38060

CBSA name

PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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