1347 N Alma School Rd - Office FOR SALE


Chandler, AZ 85224- North Chandler
$4,878,365 USD
480-659-1777
1347 N Alma School Rd, Chandler, AZ for Sale
$4,878,365 USD
Office - FOR SALE
1/7
null | 7.25% Cap Rate

1347 N Alma School Rd
Chandler, AZ 85224
North Chandler


HIGHLIGHTS

  • Occupancy: 93.18% leased with staggered rollover and stable cash flow
  • +/- 24,709 per current leases. The building was remeasured to include +/- 25,936 with BOMA 2026
  • Built-in Rent Growth on Renewals: A new buyer can realize increased rents with the new square footage and create new value
  • Strong upside for new ownership with the lease-up of one vacant suite

OVERVIEW

1347 N Alma School Rd is a two-story, multi-tenant office building located in the highly sought-after Chandler submarket, surrounded by corporate neighbors and retail amenities. Built in 1986, this property is part of the Chandler Office Center business center, which includes eight (8) freestanding buildings with a variety of tenants and users. 93.18% percent leased to seven (7) tenants: Redeemed Counseling LLC, Community Psychiatry Management LLC, Alexanders Abilities, Orthopedic Specialists of North America PLLC, Vocational Development Group LLC (dba In Bloom Autism), and Curry Jackson and Associates LLC, dba Comfort Keepers (See Lease Abstracts and Tenant Profiles).

FOR SALE DETAILS

PRICE

$4,878,365 USD

PRICE/SF

$189 USD /SF

CAP RATE

7.25%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1986

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.38 AC

LAND SF

16,553 SF

ZONING

PAD, Chandler

APN/PARCEL ID

302-43-180Y

ASK ABOUT THIS PROPERTY

Steve BerghoffMenlo Group Commercial Real EstateMore Info
480-659-1777

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Steve BerghoffMenlo Group Commercial Real EstateMore Info
480-659-1777

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.