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1st Floor - Unit D1
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Office
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1,541 SF
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$589,000 USD
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Unit Size: 1,541 SF
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Condo Use: Office
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Price: $589,000 USD
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Sale Type: Investment
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Price/SF: $382.22 USD
Description
Introducing an exceptional investment opportunity in Chandler, AZ! Welcome to Chandler Investment Office located at 5700 W Chandler Blvd, Unit 6. This NNN leased office condo features a new 5-year lease with 4% annual increases, offering a solid return with a 6.15% CAP rate, priced at $589,000.
The property is currently leased to the prestigious Nuvodia as their Phoenix satellite office, adding an attractive investment prospect with a multi-million-dollar tenant.
The unit is built out with large store front glass and natural light, 4 private offices, large conference room for 10, glass floor to ceiling, and a private kitchen and bathroom.
Enjoy the convenience of its prime location near major business and retail amenities, with easy access to Loop 202, I-10, and Loop 101 freeways.
Don't miss out on this prime investment opportunity that combines a secure lease, desirable location, and strong rental income potential. Contact us now to learn more and make this lucrative office investment yours today!
Sale Notes
NNN Investment Office Unit location on Chandler Blvd, between Loop 101 and I-10, just north of Loop 202.
Quick Access to all freeways. 15 minutes from Phoenix Airport. 5 minutes from chandler mall and many restaurants.
NET income of $36,243 for 2026 - 6.15% CAP
with 4% Annual Increases of rent, this property will be at 7.2% CAP by end of lease term.
This tenant has been in this location for many years, and just renewed and signed a new 5 year lease, with 4% annual increases.
This is NNN Lease, so all expenses are passed to tenant. those expenses include:
Property Tax: $2280/Yr.
Property Insurance $370/Yr.
Association CAM fees: $4299/Yr.
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Ninos Lazar
Investar Real Estate Specialists
