Value Add Opportunity 6170 W Chandler Blvd 23 194 pi² 85% Loué Commerce de détail Immeuble Chandler, AZ 85226 8 252 670 $ CAD (355,81 $ CAD/pi²) 5,80% Taux de capitalisation

Velocity Retail Group is pleased to offer this 85% leased 23,761 SF multi-tenant shops building on a +/- 1.94 ac improved parcel located at 6170 W Chandler Blvd, Chandler, AZ 85226 (the “Property”). This offering provides an excellent opportunity for a commercial property investor to acquire a value-add multi-tenant retail property located in a desirable area of the high growth greater Phoenix metropolitan area.

Offering Highlights-
- Value Add Opportunity: Lease up of the 3,520 SF vacant space provides potential upside to the current in-place NOI.
- High Traffic Chandler Blvd Frontage: The Property fronts Chandler Blvd carrying 30,730 CPD. Chandler Blvd arterial provides commuters easy access to the West Chandler Business Corridor surrounding the Property. The I-10 Fwy (227,000 CPD) is located 1.3 miles west and 101 Fwy (129,038 CPD) is 3.1 Miles east of the Property. Both I-10 and 101 freeways have interchanges at Chandler Blvd.
- West Chandler Business Corridor Vicinity: Anchored by Intel’s Chandler campus 1-mile to the east of the Property, the West Chandler Business Corridor is a major local area daytime population attraction. In the 3-mile radius of the property, there are 5,186 businesses with 56,881 employees.
- Affluent Local Area Demographics: In the 3-Mile radius, the population is 74,649 with an average household income of $142,504. The attractive Ahwatukee neighborhood, located 2 miles west of the Property, has a population of over 74,000 residents.
- Chandler, Arizona: The City of Chandler, located in the “Southeast Valley” of Phoenix Metro area, is considered a desirable place to live with its many retail establishments, employments centers and proud community members, The Phoenix Metro area (5,180,000 population) is super regional high growth sun belt group of cities that continues to benefit from residential in migration from other US states, employment growth, and increasing business and commercial property investment.