Chandler Center Commons
Chandler (Phoenix), AZ – Intel Adjacent | Stabilized Core Plus Medical & Office
Marketing description
Exceptionally Strong Market Fundamentals in Top Investment Market
►Office leasing continues to perform well across the valley, evidenced by the evidenced by the 7.5% vacancy for single story buildings located in the Chandler submarket (CoStar). The subject property provides buyers a rare, stable office investment with tremendous upside medical fundamentals trend upwards.
►Announcements of the estimated $65B Taiwan Semiconductor Manufacturing Co. and $20B Intel chip plants highlight Arizona’s continued ability to attract top tier talent while offering affordable housing and a great quality of life.
Attractive Office Location with Abundant Amenities
►The property is centrally located in the heart of Chandler, providing immediate access to the affluent neighborhoods of Ocotillo and Sun Lakes. The property is within minutes of top-tier hotels, restaurants, entertainment venues, and other amenities. It is also conveniently located just 2 miles from the Chandler Fashion Center, offering a premier shopping experience with high-end retailers, dining options, and entertainment.
►Just 2 miles from Chandler Center Commons, the ±1.84 million square foot Chandler Fashion Center regional mall provides a premier shopping experience with a mix of high-end retailers, dining options, and entertainment venues. This proximity to a major retail hub enhances the appeal of the property for both tenants and visitors.
Investment highlights
100% Leased Value-Add Office Campus in the Most Dynamic Office Submarket
►10 single-story, freestanding multi-tenant buildings situated on a business campus on ±11.94 acres. All buildings are exteriorly loaded and are parceled into 36 separate suites currently occupied by 19 tenants. The key to unlocking the value of this asset is a creative divestment strategy where disposition of the individual buildings will provide above-average core plus returns. Contact Turbow as he has created the business plan for you!
►Each building is separately parceled and metered, providing flexibility to potentially convert each suite to NNN lease structure and/or sell individual buildings at a premium in the future.
Prime Location in the Silicon Desert
►Prime Location on Chandler Boulevard | Situated on Chandler Boulevard, one of Chandler’s most established and robust business corridors, Chandler Center Commons enjoys a strategic location that is less than 2.5 miles from Interstate 10, Loop 101, and Loop 202 San Tan Freeways. This prime positioning ensures exceptional ease of access to major transportation routes, enhancing connectivity for tenants and visitors alike.
►Exceptional Accessibility and Amenities | The property’s location provides unparalleled freeway access and is near numerous retail and service amenities. Within a three-mile radius, there is approximately 7.5 million square feet of shopping center options, ranging from large power centers to lifestyle and specialty retail. This variety offers hundreds of dining and retail options, making it convenient for tenants and their clients.
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