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1345 E Chandler Blvd
Phoenix, AZ 85048

$489,820 USD

Medical Condo For Sale  •  1,289 SF

Property Details

  • Property Type Medical
  • Total Building Size 12,317 SF
  • Lot Size 0.26 AC
  • Building Class A
  • Year Built 2004
  • Cap Rate 5.00 %
  • Tenancy Multiple
  • Zoning PAD, City of Phoenix
20 Transit Score
61 Walk Score

1 Unit Available

Name Condo Use Size Price Details
2nd Floor - Unit 205 Office 1,289 SF $489,820 USD
  • Unit Size: 1,289 SF
  • Condo Use: Office
  • Price: $489,820 USD
  • Sale Type: Investment
  • Price/SF: $380.00 USD
Sale Notes
1345 E Chandler Blvd, Building 1, Suite 205, in Phoenix, AZ offers not only a prime investment opportunity but also the advantage of a highly desirable location. Located in the vibrant Ahwatukee Foothills area, the building benefits from strong local amenities, excellent transportation access, and a thriving business environment that continues to attract diverse tenants. The ±1,289 SF office space, built in 2004 and remodeled in 2024, is part of a well-maintained, two-story, multi-tenant building zoned PAD by the City of Phoenix. With 100% occupancy and a projected net operating income (NOI) of $24,491.04 for the upcoming year, this property promises steady cash flow and long term growth potential, available for purchase at an attractive price of $489,820. The 
area’s strong economic growth, combined with the building’s strategic location, makes this an ideal investment for those seeking stable returns in a competitive market.

Description

Single Tenant NNN Leased Office Condo Investment
Passive Income Opportunity
Just Renovated 
4 Year lease with CPA

Property Flyers

Financial Summary

Cap Rate: 5.00 %
Total Expenses: $0 USD

Amenities

  • Courtyard
  • Signage
  • Central Heating
  • Natural Light
  • Drop Ceiling
  • Air Conditioning
  • Balcony

Public Transportation

AirportDriveWalkDistance
Phoenix Sky Harbor International 27 min - 16.2 mi
Phoenix-Mesa Gateway 35 min - 24.7 mi
Matt Zaccardi 602-561-1339 Commercial Properties, Inc.
Matt Zaccardi 602-561-1339 Commercial Properties, Inc.