602-686-1879
350 N McClintock Dr, Chandler, AZ for Sale
Office - FOR SALE
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350 N McClintock Dr
Chandler, AZ 85226
West Chandler


HIGHLIGHTS

  • 100% Leased - Two Physically Occupying Tenants
  • Durable, Staggered Income Stream
  • Nationally Recognized Anchor Tenant
  • High-Growth Insurance Services Tenant
  • Government Contract Operator/Secure Facility
  • Prime Southeast Valley Location

OVERVIEW

Newmark, as exclusive advisor, is pleased to present the opportunity to acquire the fee simple interest in One Chandler Corporate Center, a ±117,394 square foot, institutional-quality, Class A office asset located at 350 N. McClintock Drive in Chandler, Arizona (the "Property"). Constructed in 2018, the Property is a two-story, 100% leased building occupied by two high-quality tenants — DISH Network, a wholly owned subsidiary of EchoStar Corporation (NASDAQ: SATS) and Allcat Claims Service — providing investors with durable, in-place cash flow from two physically occupying tenants with a blended WALT of 4.5 years. This 100% leased, two tenant investment opportunity offers a rare combination of new-construction quality, a fully occupied rent roll anchored by a nationally recognized publicly traded company and a high-growth insurance services operator, and a freeway-proximate Chandler location surrounded by one of Metro Phoenix's deepest retail and amenity bases. With zero new competitive office supply under construction in the immediate submarket, the Property's in-place tenancy and 2018 vintage stand out as a high-quality, low-risk, income-producing asset in one of Arizona's strongest suburban office markets.

FOR SALE DETAILS

PRICE

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CAP RATE

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% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

One Chandler Corporate Center

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

A

YEAR BUILT

2018

SPRINKLERS

-

PARKING SPACES

702

LAND DETAILS

LAND ACRES

9.73 AC

LAND SF

423,839 SF

ZONING

I-1

APN/PARCEL ID

301-86-983

ASK ABOUT THIS PROPERTY

Chris MarchildonCBRE, Inc.More Info
602-686-1879

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Chris MarchildonCBRE, Inc.More Info
602-686-1879

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