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1151 W Ray Rd 10,600 SF Retail Building Chandler, AZ 85224 $4,375,136 CAD ($412.75 CAD/SF)
Executive Summary
Fully Renovated Owner-User / Repositioning Opportunity | 1151 W Ray Rd | Chandler, AZ
1151 W Ray Rd presents a rare opportunity to acquire a recently improved, freestanding commercial building in one of Chandler’s strongest east-west corridors. Formerly operated as a daycare center and now delivered vacant, the property offers exceptional flexibility for an owner-user, medical or educational operator, investor seeking lease-up, or redevelopment strategy.
The 10,610 SF building sits on 2.167 acres and has undergone significant recent capital improvements, making it an attractive, move-in ready opportunity:
• New roof (June 2023)
• Full LED lighting retrofit (June 2023)
• Brand new LVT flooring throughout entire building (August 2023)
• Recently refurbished parking lot (2025)
• Full interior repaint (August 2025)
• Fully ADA compliant
• Security and alarm systems installed
The property also includes a full commercial kitchen and a secured rear outdoor area featuring multiple playground structures and a splash pad, providing unique infrastructure that would be costly to replicate. The expansive lot and established improvements create opportunities for continued childcare use, educational facilities, medical or therapy uses, community services, or repositioning to alternative commercial applications.
Strategically positioned along Ray Road, one of Chandler’s primary east-west arterials, the property benefits from approximately 30,000+ vehicles per day in the immediate corridor, providing strong visibility and daily exposure. The site is surrounded by dense residential neighborhoods, established retail services, and employment centers, supporting steady daytime and commuter traffic patterns. Convenient access to Loop 202 further enhances regional connectivity across the Southeast Valley.
With over $250,000 in recent upgrades and strong physical fundamentals already in place, 1151 W Ray Rd offers buyers the rare combination of prime location, functional improvements, and immediate usability without deferred maintenance concerns.
This is an ideal opportunity for an owner-occupant seeking a high-quality asset in move-in condition or an investor targeting lease-up upside in a proven Chandler submarket.
1151 W Ray Rd presents a rare opportunity to acquire a recently improved, freestanding commercial building in one of Chandler’s strongest east-west corridors. Formerly operated as a daycare center and now delivered vacant, the property offers exceptional flexibility for an owner-user, medical or educational operator, investor seeking lease-up, or redevelopment strategy.
The 10,610 SF building sits on 2.167 acres and has undergone significant recent capital improvements, making it an attractive, move-in ready opportunity:
• New roof (June 2023)
• Full LED lighting retrofit (June 2023)
• Brand new LVT flooring throughout entire building (August 2023)
• Recently refurbished parking lot (2025)
• Full interior repaint (August 2025)
• Fully ADA compliant
• Security and alarm systems installed
The property also includes a full commercial kitchen and a secured rear outdoor area featuring multiple playground structures and a splash pad, providing unique infrastructure that would be costly to replicate. The expansive lot and established improvements create opportunities for continued childcare use, educational facilities, medical or therapy uses, community services, or repositioning to alternative commercial applications.
Strategically positioned along Ray Road, one of Chandler’s primary east-west arterials, the property benefits from approximately 30,000+ vehicles per day in the immediate corridor, providing strong visibility and daily exposure. The site is surrounded by dense residential neighborhoods, established retail services, and employment centers, supporting steady daytime and commuter traffic patterns. Convenient access to Loop 202 further enhances regional connectivity across the Southeast Valley.
With over $250,000 in recent upgrades and strong physical fundamentals already in place, 1151 W Ray Rd offers buyers the rare combination of prime location, functional improvements, and immediate usability without deferred maintenance concerns.
This is an ideal opportunity for an owner-occupant seeking a high-quality asset in move-in condition or an investor targeting lease-up upside in a proven Chandler submarket.
Property Facts
Sale Type
Investment or Owner User
Sale Conditions
Property Type
Retail
Property Subtype
Building Size
10,600 SF
Building Class
B
Year Built
2001
Price
$4,375,136 CAD
Price Per SF
$412.75 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
2.17 AC
Zoning
C-O - C-O (Commercial Office) zoning allows professional, medical, educational, childcare, and service-oriented uses in a low-impact commercial setting.
Parking
46 Spaces (4.34 Spaces per 1,000 SF Leased)
Frontage
195’ on W Ray Rd
Amenities
- Dedicated Turn Lane
- Pylon Sign
- Signage
Nearby Major Retailers
Property Taxes
| Parcel Number | 302-48-860 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $276,425 CAD |
Property Taxes
Parcel Number
302-48-860
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$276,425 CAD
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1151 W Ray Rd
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