1347 N Alma School
Office | 7.50% CAP | 25,476 SqFt
Marketing description
Introducing a compelling investment opportunity in the thriving Chandler area. This impressive property, occupying 31,581 SF and boasting a remarkable 100% occupancy rate, presents an enticing prospect for office building investors. With a mix of medical and general office tenants, this property offers a stable and diversified income stream, making it an ideal addition to any investor's portfolio. Zoned PAD - City of Chandler, it offers a flexible framework for development, reflecting its potential for versatile use to suit various business needs. Positioned in the heart of Chandler, this property represents a promising investment in the future of Chandler’s commercial real estate landscape. Take advantage of this opportunity to secure a significant stake in a thriving market.
Discover the thriving commercial hub surrounding this location in Chandler, AZ. Situated near major business centers, corporate headquarters, and major medical facilities such as Dignity Health AZ General Hospital and Banner Health Ocotillo Center, this dynamic area boasts a vibrant mix of retail and dining options, creating an attractive environment for employees and visitors alike. With convenient access to the Loop 101, Loop 202, and US60 freeways, the location provides easy connectivity to the entire metropolitan area. Nearby attractions such as Chandler Fashion Center and Desert Breeze Park offer ideal spots for relaxation and leisure. Invest in the future of your business with prime office space in this coveted Chandler location.
1347 N Alma School Rd is a two-story, multi-tenant office building consisting of +/- 25,476 SF located in the highly sought-after Chandler submarket, surrounded by corporate neighbors and retail amenities. Built in 1986, this property is part of the Chandler Office Center business center which includes eight (8) freestanding buildings with a variety of tenants and users. 1347 N. Alma School is 100% percent leased to seven (7) tenants: Redeemed Counseling LLC, Psychiatry Tenant, Alexanders Abilities, Orthopedic Specialists of North America PLLC, Luca Counseling and Wellness Center LLC, Vocational Development Group LLC (dba Inbloom Autism), and Curry Jackson and Associates (dba Comfort Keepers).
Investment highlights
- Occupancy: 100% leased
- Multi-tenant, value-add investment sale
- Upside from the lease-up of the vacant unit
- Priced well below replacement cost
- Well-maintained property
- Prominent Chandler location, a sought-after submarket, with numerous corporate & retail businesses nearby
- Minutes from Loop 101, Loop 202, and US 60
- Parking Ratio: 5.5/1,000 SF with covered parking
- Cross-Streets: SEC of Alma School Rd and Knox Rd
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