Search

Home > 17006 S WEBER Drive, Chandler, AZ 85226 (MLS# 6814359)

17006 S WEBER Drive, Chandler, AZ 85226

$10,499,000
Property Type: Comm/Industry Sale Square Footage: 16,018 Lot Size (sq. ft.): 91,428 Status: Active
Current Price: $10,499,000 List Date: 2/02/2025 Last Modified: 2/03/2025

Description

Motivated Seller! Will consider ALL offers. This flex industrial building is located adjacent to the I-10 and 202 loop. Currently a 100% leased NNN lease with two tenants. Tenants pay premium rents because of the nature of the business their in, medical cannabis. First tenant has 15 years left on their lease with options for an additional 20 years. First tenant has a corporate guarantee in place. Second tenants lease ends in 2031, but also has options for an additional 5 years. Second tenant did not sign a corporate guarantee. Each lease has 3% annual increases. 12 month NOI +/- $1,051,476. One oversized grade level door. Large 2.10 acre lot with 80 parking spaces. Medical Cannabis license is not for sale, tenant owns medical cannabis license, not property owner.

More Information MLS# 6814359

Contract Info

Current Price: $10,499,000 List Price: $10,499,000 Status: Active List Date: 2025-02-01 Ownership: Fee Simple

Location Tax Legal

House Number: 17006 Compass: S Street Name: WEBER St Suffix: Drive City/Town Code: Chandler State/Province: AZ Zip Code: 85226 Zip4: 4113 Country: US County Code: Maricopa Subdivision: PECOS INDUSTRIAL PARK Assessor Number: 301-85-058-F Tax Year: 2024

General Property Description

Type of Property: Flex Ttl Apx SqFt Bldg: 16018 # of Buildings: 1 Year Built: 2018 Uncvrd Parking Spcs: 80 Zoning: IND-3

Remarks Misc

Cross Street: W Fairview St Directions: Enter E Fairview St off of S 56th St, then you will find S Weber Dr. Geo Lat: 33.292893 Geo Lon: -111.970454

Status Change Info

Status Change Date: 2025-02-01

Legal Info

Lot Number: F

Bay Info

# of Bays: 1 # of Bay Doors: 1

Income Expenses

Net Operating Income: 1051476

Showing Notification Methods

Showing Service: No Showing Service Used

Property Features

Building Type: Industrial Business Type: Mixed; Warehouse; Other Stories: 2 Stories Construction: Block Roofing: Other Floors: Concrete Ceiling Height: 16.1 Feet to 28 Feet Heating: Natural Gas Cooling: Central Air Loading Facilities: Drive-in Door(s) Interior: Finished Fencing: Chain Link Parking Features: Free; Private Electric: Over 220 Amp; 3 Phase Power Gas: SW Gas Water Source: City Franchise Sewer: Sewer - Public New Financing: Cash Only; Cash to Loan; 1031 Exchange Showing Notification Methods: Phone Call Lockbox Type: None Source of Fincl Data: Owner Environmental: Phase I Available
Listing Office: Joseph J Kachuroi
Last Updated: February - 03 - 2025
17006 S WEBER Drive, Chandler, AZ 85226- MLS# 6814359
Copyright 2024 Arizona Regional Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.
Search powered by FBS Products