1445 Spectrum BlvdChandler, AZ 85286

Property Details for 1445 Spectrum Blvd

Year built

2008

Construction

CONCRETE

Lot size

19.49 AC

Property size (Sq ft)

89,240 SF

Zone code

PAD

Property type

Office buildings

APN

303-25-756

APU

30325756

Description

This exceptional Class A office space, located at 1445 S Spectrum Blvd in Chandler, Arizona (zip code 85286), offers 46,363 square feet within Allred Park Place - Building 1. Built in 2009, this property boasts a traditional office layout, also suitable for executive or creative office uses, making it highly versatile. The building is part of the larger Allred Park Place development, a prominent mixed-use complex encompassing over two million square feet of sophisticated office space. The property features multiple tenancies and provides ample parking with a ratio of 5 spaces per 1,000 square feet. Its strategic location within the Chandler submarket offers easy access to a growing workforce and excellent connectivity to the greater Phoenix metropolitan area and Sky Harbor International Airport. Currently, one office space is available. This property represents a unique opportunity to secure high-quality office space in a thriving and desirable location. The building's modern design and amenities cater to a variety of business needs, making it an ideal choice for companies seeking a prestigious and functional workspace. Interested parties should inquire for further details and availability.

• CAP approach

  CAP return

  Valuation

  6%

  $13,886,344

  6.5%

  $12,818,163

  7%

  $11,902,580

• Comparable approach

  Method

  Valuation

  Relative Method

  $13,756,346

  Geo Method

  $13,756,346

• Alternative Use

  Use

  Valuation

  Residential

  $15,894,523

  Hospitality

  $14,559,297

  Educational

  $12,113,164

  Medical

  $12,529,755

  Retail

  $18,842,700

Location Insight

City

Chandler

County

Maricopa

State

Arizona

Latitude

33.2859

Longitude

-111.886

CBSA code

38060

CBSA name

PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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