4920 S Alma School Rd | Chandler, Arizona

OWNER-USER MEDICAL BUILDING FOR SALE | CHANDLER ARIZONA

Office Sold - Arizona

The ICRE Investment Team is pleased  to have represented the Seller and The Buyer in the sale of this Two-Tenant  medical building in Chandler Arizona.   Michael Douglas with the ICRE Investment Team brought together the Buyer, Seller, Lender and Title company and successfully closed this deal within 21 days of opening escrow.   The  Buyer plans to occupy the building as part of their larger efforts in expanding their medical practice across the valley.   The property was secured with income in place from  Heartland Dental, the nations’ largest dental support organization  with over 1,600 offices nation-wide.  

Offering Summary

• 4920 S Alma School Rd. Chandler, Arizona 85248
• Free-Standing Medical Building 
• Type:  Owner/user
• The property is located as an outparcel to Ocotillo Center, a 100,000 SF retail center anchored by Safeway. 
• The property is on a contiguous pad with a busy McDonalds (average 6,133 visits per month)
• Strong surrounding tenant synergy increases consumer draw to the overall trade area and promotes crossover exposure for the site. 
• More than 151,000 residents and 50,000 employees support the trade area
• $153,375 average household income in a 1-mile radius