NOT LISTED FOR SALE

2350 E Germann Rd Chandler, AZ 85286

-- Bed
-- Bath
1,857 Sq Ft
11 Acres

Last Sold March 01, 2024

Last sale price $3,347 $2 Per Sq Ft

56 Days on Market

Highlights

  • Community Kitchen
  • Central Air
  • Heating Available
  • Santan Junior High School Rated A
  • Carpet

About This Home

As of March 2024

Great flex space converted to 100% air conditioned office in a desirable Chandler location. 1857 square feet, 3 private offices, reception off entrance, two private bathrooms and a large flex space. High end finishes, turn key office/flex space. This is a sublease and subject to existing landlord approval, current lease rate is as follows: December 1, 2023 - November 30, 2024: $3,347.00, December 1, 2024 - November 30, 2025: $3,448.00, December 1, 2025 - January 31, 2026: $3,551.00. Total monthly with NNN is currently $4,192.31. Includes 2 reserved covered parking spaces at an additional $35.00 per month and 5 additional un reserved/ un covered parking spaces.

Last Agent to Sell the Property

Brook Miller

RE/MAX Solutions License #BR533974000 Listed on: 01/04/2024

RE/MAX Solutions

Last Buyer's Agent

Bala Subramanian

HomeSmart License #SA660280000

HomeSmart

Property Details

Property Type

  • Other

Year Built

  • Built in 2008

Lot Details

  • Property is zoned PAD

Home Design

  • Tilt Up Walls
  • Built-Up Roof

Interior Spaces

  • 1,857 Sq Ft Home
  • Carpet

Parking

  • 5 Open Parking Spaces
  • 7 Parking Spaces
  • Public Parking
  • 2 Covered Spaces
  • Private Parking

Utilities

  • Central Air
  • Heating Available
  • Master Water Meter

Community Details

  • Chandler Airport Center Subdivision
  • Community Kitchen

Listing and Financial Details

  • Property Available on 2/1/24
  • Tenant pays for trash collection, electricity, water, sewer, fire insurance-bldg, contents insurance, glass insurance, liability insurance, janitorial service, common area maintenance, parking area maint, taxes
  • Assessor Parcel Number 303-31-218-A

Property Details

Property Type

Other

Year Built

Built in 2008

Lot Details

0

Listing Details

  • Cross Street: Germann & Cooper
  • Property Type: Comm/Industry Lease
  • Zoning: PAD
  • Number Of Buildings: 1
  • Lease Info Annual C A M Sq Ft: 5.46
  • Lease Info Annual Lease Price: 40164.0
  • Lease Info Annual Lse Prc P S F: 21.63
  • Lease Info Base Rent Escalation: Yes
  • Lease Info Lease Year Min Max: 3%
  • Lease Info Space Divisible: No
  • Lease Info Suite Size Avail Max: 1857
  • Year Built: 2008
  • Tax Year: 2023
  • Directions: East of Cooper on the North side of Germann. Chandler Airport Center
  • Subdivision Name: Chandler Airport Center
  • Structure Type: Commercial, Office
  • Tax Parcel Letter: A
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Carpet
  • Living Area: 1857.0

Exterior Features

  • Disclosures: None
  • Construction Type: Tilt-Up
  • Roof: Built-Up
  • Construction:Tilt-Up: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Private Parking, Public Parking
  • Attached Garage: No
  • Open Parking Spaces: 5.0
  • Total Parking Spaces: 7.0
  • General Property Description:Covered Parking Spcs: 2.0
  • General Property Description:Uncvrd Parking Spcs: 5.0
  • General Property Description:Total Parking Spcs: 7.0
  • Parking:Private Parking: Yes
  • Parking:Public Parking: Yes
  • Tenant Pays:Parking Area Maint: Yes

Utilities

  • Electric: SRP
  • Cooling: Warehouse A/C, Office A/C, Central A/C
  • Heating: Electric
  • Green Building Features: Kitchen
  • Water Source: Master Meter
  • Heating:Electric: Yes

Association/Amenities

  • Amenities:Kitchen: Yes

Lot Info

  • Additional Parcels: No
  • Parcel #: 303-31-218-A

Rental Info

  • Available Date: 2024-02-01

Multi Family

  • Owner Pays: None
  • Tenant Pays: Trash Collection, Electricity, Water, Sewer, Fire Insurance-Bldg, Contents Insurance, Glass Insurance, Liability Insurance, Janitorial Service, Common Area Maintenance, Parking Area Maint, Taxes
  • Existing Lease Type: NNN, Deposit Required, Sublease
  • Leasable Area: 1857.0

Tax Info

  • Tax Annual Amount: 10144.0
  • Tax Book Number: 303.00
  • Tax Map Number: 31.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 16, 2006
Sold by
Chandler Airport Center Cac Inc
Bought by
Germann Road Associates Llc
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Germann Road Associates Llc $2,920,235 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Germann Road Associates Llc $50,000
Open Germann Road Associates Llc $16,250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/01/2024 03/01/24 Sold $3,347 0.0% $2 / Sq Ft
01/04/2024 01/04/24 For Sale $3,347 -- $2 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $133,542 $1,407,365 -- --
2024 $134,950 $1,382,234 -- --
2023 $134,950 $2,916,044 $811,019 $2,105,025
2022 $134,529 $2,389,923 $588,893 $1,801,030
2021 $142,227 $2,378,016 $605,718 $1,772,298
2020 $141,437 $2,227,320 $461,304 $1,766,016
2019 $136,478 $2,074,320 $441,450 $1,632,870
2018 $132,589 $1,798,560 $375,066 $1,423,494
2017 $124,567 $1,680,588 $301,842 $1,378,746
2016 $120,322 $1,618,164 $317,736 $1,300,428
2015 $118,574 $1,294,631 $300,052 $994,579
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6645816

Arizona Regional Multiple Listing Service (ARMLS)

APN: 303-31-218A