398 S Arizona Ave - Freestanding FOR SALE


Chandler, AZ 85225- Downtown Chandler
$2,689,999 USD
602-561-1339
398 S Arizona Ave, Chandler, AZ for Sale
$2,689,999 USD
Freestanding - FOR SALE
1/19
null | 6.5% Cap Rate

398 S Arizona Ave
Chandler, AZ 85225
Downtown Chandler


OVERVIEW

This is an investment opportunity with 6,725 SF commercial building the price is at $2,689,999.38, with a 6.50% CAP rate and $174,849.96 forward NOI. The property is 100% leased with a NNN lease structure and is zoned C-R (Regional Commercial District). Recent improvements completed in June 2026 include a seal-coated and re-striped parking lot, freshly painted exterior, and enhanced landscaping. Built in 1997 and remodeled in 2018, the property also offers monument and building signage, a 4.01/1,000 parking ratio, and convenient access from Arizona Ave and W Eglin St.

FOR SALE DETAILS

PRICE

$2,689,999 USD

PRICE/SF

$400 USD /SF

CAP RATE

6.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

undefined, Loft/Creative Space, Medical

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1997

SPRINKLERS

-

PARKING SPACES

40

LAND DETAILS

LAND ACRES

0.87 AC

LAND SF

37,897 SF

ZONING

C3

APN/PARCEL ID

303-19-084B

ASK ABOUT THIS PROPERTY

Matt ZaccardiCommercial Properties, Inc.More Info
602-561-1339

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Matt ZaccardiCommercial Properties, Inc.More Info
602-561-1339

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