Ryan Office Complex | 2450 S Arizona Ave
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Ryan Office Complex 2450 S Arizona Ave
12,517 SF 100% Leased Office Building Chandler, AZ 85286 $3,595,000 ($287/SF) 5.56% Cap Rate
Investment Highlights
- Property has quality construction with low maintence
- Income producing property already 100% leased
- Located 1 mile south of 202 San Tan Fwy. Half mile corner lot on Arizona Ave and Ryan Rd
- Six suites, can be divided, with each unit having a restroom and a separate entrance
Executive Summary
EXCELLENT CONDITION LEASE RATES LOW HAS A GREAT UP SIDE FOR VALUE IMPROVEMENT. 100% leased currently. Six suites currently and can be divided, with each unit having a restroom and a separate entrance.
Financial Summary (Actual - 2022) Click Here to Access |
Annual | Annual Per SF |
---|---|---|
Gross Rental Income | $99,999 | $9.99 |
Other Income | - | - |
Vacancy Loss | - | - |
Effective Gross Income | $99,999 | $9.99 |
Taxes | $99,999 | $9.99 |
Operating Expenses | - | - |
Total Expenses | $99,999 | $9.99 |
Net Operating Income | - | - |
Financial Summary (Actual - 2022) Click Here to Access
Gross Rental Income | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Other Income | |
---|---|
Annual | - |
Annual Per SF | - |
Vacancy Loss | |
---|---|
Annual | - |
Annual Per SF | - |
Effective Gross Income | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Taxes | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Operating Expenses | |
---|---|
Annual | - |
Annual Per SF | - |
Total Expenses | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Net Operating Income | |
---|---|
Annual | - |
Annual Per SF | - |
Property Facts
Sale Type
Investment
Property Type
Office
Building Size
12,517 SF
Building Class
B
Year Built/Renovated
2007/2019
Price
$3,595,000
Price Per SF
$287
Cap Rate
5.56%
NOI
$200,000
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
12,517 SF
Building FAR
0.20
Land Acres
1.42 AC
Zoning
PAD - PAD
Parking
67 Spaces (5.35 Spaces per 1,000 SF Leased)
Amenities
- Signage
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DEMOGRAPHICS
Demographics
1 Mile
3 Mile
5 Mile
2020 Population
10,292
111,497
264,454
2024 Population
11,630
114,846
269,333
Population Growth '20-'24
13.0%
3.0%
1.8%
2020 Households
3,615
40,385
98,769
2024 Households
4,012
41,489
100,316
Household Growth '20-'24
11.0%
2.7%
1.6%
Average Age
35
37
39
Median Household Income
$97,889
$101,813
$96,991
Daytime Employees
2,055
40,293
98,878
Total Businesses
263
4,836
10,686
College Degree + Higher
50%
45%
43%
PROPERTY TAXES
Parcel Number | 303-36-636 | Total Assessment | $273,009 (2025) |
Land Assessment | $0 (2025) | Annual Taxes | ($1) ($0.00/SF) |
Improvements Assessment | $0 (2025) | Tax Year | 2022 |
PROPERTY TAXES
Parcel Number
303-36-636
Land Assessment
$0 (2025)
Improvements Assessment
$0 (2025)
Total Assessment
$273,009 (2025)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2022
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Presented by
Keller Williams Integrity First
Ryan Office Complex | 2450 S Arizona Ave
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