4836 E Chandler Blvd | Phoenix, AZ 85048
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- LoopNet Team
4836 E Chandler Blvd
Phoenix, AZ 85048
LA Fitness · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- High Growth Market – Located in the Ahwatukee submarket of Phoenix.
- Long Operating History – LA Fitness has been operating at this location for +/– 18 years, with its lease term running through June 2025.
- Surrounding Development – The property is surrounded by multiple new large scale apartment developments.
- Attractive Yield – A recent rental increase now puts this opportunity at a 10.42% return.
- Large Lot – LA Fitness is operating out of a true single-tenant building with a GLA of +/– 45,091 SF and sits on a massive 5.13 ac lot.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
45,091 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
2002
Tenancy
Single
Building Height
1 Story
Building FAR
0.20
Lot Size
5.13 AC
Zoning
C-C - Community Commercial Zone
Parking
305 Spaces (6.76 Spaces per 1,000 SF Leased)
Frontage
30 FT on 48th
PROPERTY TAXES
| Parcel Number | 301-84-726 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $1,712,667 |
PROPERTY TAXES
Parcel Number
301-84-726
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,712,667
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