1405 N Dobson Rd, Chandler, AZ

Office for Sale - $1,437,500 - 11,326 Sq. Ft. on 1.62 acres


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Agent Info

NameSteve Beck

Property Info

CIMLS #867558
Location1405 N Dobson Rd
Chandler AZ 85224
Last UpdatedMarch 6th, 2018
TypeOffice
Price$1,437,500
Building11,326 Sq. Ft.
Land1.62 acres
DemographicsView data

Contact


Property Description

Solid investment opportunity to purchase Dobson Grove Professional Plaza. Available for sale at $1,437,500 with a 10.38% Cap Rate and annual NOI of $149,221. The original building on the property was the former residence of the longtime historical Dobson family, developers of Dobson Ranch. It has since been converted for office use and consists of suites 12-20. These suites open to a beautiful and lush landscaped courtyard with patio seating. Property consists of three buildings with multi-tenant executive suites and is currently 100% leased. Also on the property is a 1,152 SF garage/warehouse. Tenant R.S.V.P Realty is the current on-site property managers for the Plaza.

Location Description:

Dobson Grove Professional Plaza is located between Warner & Ray Roads on N Dobson Rd. Within minutes access of Loop 101-Price Freeway. Dobson Road frontage with high traffic counts exceeding 26,500 VPD. Adjacent to Andersen Junior High and Anderson Elementary Schools and close proximity to major retail.

Highlights:

>> Available for Sale at $1,437,500 with 10.38% Cap Rate and Annual NOI of $149,221

>> 100% Leased with Long-Term, Well Established Medical/Office and Retail Tenants

>> Total of 11,326 SF: Plaza has 3 Office Buildings Consisting of 10,174 SF of Multi-Tenant Executive Suites and 1,152 SF Garage/Warehouse.

>> Excellent Demographic Area of Dobson Ranch with High Daily Traffic Counts

>> Well Maintained, Charming Interiors with Lush and Established Landscaping

>> Covered Parking and Monument Signage

>> Within Minutes Access of the Loop 101

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