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1345 E Chandler Blvd, Bldg 1, Ste 103, Phoenix, AZ 85048
AHWATUKEE OFFICE CONDO
OFFICE FOR SALE
PROPERTY OVERVIEWGreat property for investors or owner/user purchase. The entireproperty consists of three buildings with multiple tenants rangingfrom skin care to real estate business.
Suite 103 in Bldg 1 is a “modified triple net lease” where theLandlord is responsible to maintain the systems servicing thePremises, but the Tenant is responsible for all other costs as in atraditional triple net lease. The existing lease is a 4 year lease (3years remaining and a 2 year extension). The suite itself is located onthe lower level with easy access off of Chandler Blvd. There is plentyof parking located on the property for all business tenants. Theleased space comes with 3 covered parking slots and signage onChandler Blvd. The suite is clean, in excellent condition and is easilyconfigurable.
PROPERTY FEATURESModified Triple Net Lease
3,200 Total SQFT
11,167 SQFT Lot size
3 Covered Parking Slots Included
Approx. 130 Total Parking spaces
SALE PRICE: $795,000
PRICE PER UNIT: $795,000
CAP RATE: 7.68%
NOI: $61,043
LOT SIZE: 0.07 Acres
BUILDING SIZE: 3,200 SF
BUILDING CLASS:A
YEAR BUILT: 2004
ZONING: (C-O) Commercial Office: 100%
MARKET: Phoenix
SUB MARKET: South Tempe/Ahwatukee
CROSS STREETS:East Chandler Blvd And E
Marketplace SE
KW COMMERCIAL15905 S. 46th StreetPhoenix, AZ 85048
www.kwcommercial.com
We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation aboutit. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We includeprojections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisorsshould conduct your own investigation of the property and transaction.
BILL NANNEYManaging Director0 480.759.4300C [email protected] #SA632167000
KW COMMERCIAL15905 S. 46th StreetPhoenix, AZ 85048
www.kwcommercial.com
We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation aboutit. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We includeprojections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisorsshould conduct your own investigation of the property and transaction.
BILL NANNEYManaging Director0 480.759.4300C [email protected] #SA632167000
1345 E Chandler Blvd, Bldg 1, Ste 103, Phoenix, AZ 85048
AHWATUKEE OFFICE CONDO
OFFICE FOR SALE
KW COMMERCIAL15905 S. 46th StreetPhoenix, AZ 85048
www.kwcommercial.com
We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation aboutit. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We includeprojections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisorsshould conduct your own investigation of the property and transaction.
BILL NANNEYManaging Director0 480.759.4300C [email protected] #SA632167000
1345 E Chandler Blvd, Bldg 1, Ste 103, Phoenix, AZ 85048
AHWATUKEE OFFICE CONDO
OFFICE FOR SALE
KW COMMERCIAL15905 S. 46th StreetPhoenix, AZ 85048
www.kwcommercial.com
We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation aboutit. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We includeprojections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisorsshould conduct your own investigation of the property and transaction.
BILL NANNEYManaging Director0 480.759.4300C [email protected] #SA632167000
1345 E Chandler Blvd, Bldg 1, Ste 103, Phoenix, AZ 85048
AHWATUKEE OFFICE CONDO
OFFICE FOR SALE
KW COMMERCIAL15905 S. 46th StreetPhoenix, AZ 85048
www.kwcommercial.com
We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation aboutit. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We includeprojections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisorsshould conduct your own investigation of the property and transaction.
BILL NANNEYManaging Director0 480.759.4300C [email protected] #SA632167000
* Demographic data derived from 2010 US Census
1345 E Chandler Blvd, Bldg 1, Ste 103, Phoenix, AZ 85048
AHWATUKEE OFFICE CONDO
OFFICE FOR SALE
ETHNICITY 1 MILE 3 MILES 5 MILES
% HISPANIC 5.9% 8.4% 18.4%
RACE 1 MILE 3 MILES 5 MILES
% WHITE 86.3% 86.2% 79.7%
% BLACK 4.0% 3.5% 7.2%
% ASIAN 7.1% 6.9% 5.5%
% HAWAIIAN 0.0% 0.0% 0.1%
% INDIAN 0.1% 0.8% 2.1%
% OTHER 0.6% 0.7% 2.3%
POPULATION 1 MILE 3 MILES 5 MILES
TOTAL POPULATION 8,394 32,972 90,161
MEDIAN AGE 41.1 39.8 36.5
MEDIAN AGE (MALE) 41.1 39.9 35.9
MEDIAN AGE (FEMALE) 40.8 39.7 37.2
HOUSEHOLDS & INCOME 1 MILE 3 MILES 5 MILES
TOTAL HOUSEHOLDS 3,154 11,672 32,734
# OF PERSONS PER HH 2.7 2.8 2.8
AVERAGE HH INCOME $132,164 $132,069 $106,819
AVERAGE HOUSE VALUE $501,085 $482,982 $432,313
