Building D 604 W Warner Rd

7,816 SF 100% Leased Office Building Chandler, AZ 85225 $2,621,464 ($335/SF)

EXECUTIVE SUMMARY

604 W Warner Rd, Building D, is a prime investment opportunity offered at $2,621,464 with a 6.25% cap rate. This NNN property features three medical office suites, including Suites 1 & 2, which are fully leased (3,972 SF) and generate $89,370 in annual income ($22.50 PSF), with 3% annual increases through 3/31/2029. Suite 3, a vacant 3,843 SF space, offers excellent potential for additional income and tenant customization or for an owner-user. Located in the thriving city of Chandler, known for its strong population growth, high median household income, and robust healthcare demand, this property combines current cash flow stability with future upside, making it an ideal investment in a premier location.

PROPERTY FACTS

Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
7,816 SF
Building Class
B
Year Built
1987
Price
$2,621,464
Price Per SF
$335
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
7,816 SF
Building FAR
0.80
Lot Size
0.23 AC
Zoning
PAD - Planned Area Development
Parking
4 Spaces per 1,000 SF Leased

AMENITIES

  • Courtyard
  • Signage

PROPERTY TAXES

  • Listing ID: 34498041

  • Date on Market: 1/15/2025

  • Last Updated:

  • Address: 604 W Warner Rd, Chandler, AZ 85225