NOT LISTED FOR SALE

7400 W Detroit St Chandler, AZ 85226

West Chandler Neighborhood

Estimated Value: $27,274,404

-- Bed
-- Bath
4,830 Sq Ft
$5,647/Sq Ft Est. Value

Last Sold October 26, 2016

Last sale price $54,855 $11 Per Sq Ft

Est. 49,621% increase in value since last sale

Current estimated payment $156,786/month

135 Days on Market

About This Home

As of October 2016

• For Sublease: $12.00 PSF FS
• 1,241 SF - 4,830 SF Available
• Immediate Availability
• High Tech Business Park
• Direct Access to I-10
• Four Way Diamond Interchange at I-10 and Chandler Blvd
• Abundant Retail & Restaurant Amenities Nearby

Last Agent to Sell the Property

Tanner Milne

The Menlo Group Commercial Real Estate License #BR559670000 Listed on: 06/13/2016

Last Buyer's Agent

Non-MLS Agent

Non-MLS Office

Property Details

Property Type

  • Other

Lot Details

  • Property is zoned PAD

Parking

  • 1 Open Parking Space
  • 1 Parking Space

Listing and Financial Details

  • Property Available on 6/13/16
  • Assessor Parcel Number 301-84-133-A

Property Details

Property Type

Other

Lot Details

0

Listing Details

  • Property Type: Comm/Industry Lease
  • Zoning: PAD
  • Current Use: Office
  • Lease Info Annual Lease Price: 12.0
  • Lease Info Annual Lse Prc P S F: 12.0
  • Lease Info Base Rent Escalation: No
  • Lease Info Lease Year Min Max: 0
  • Lease Info Space Divisible: Yes
  • Lease Info Suite Size Avail Max: 4830
  • Tax Year: 2015
  • Structure Type: Office
  • Tax Parcel Letter: A
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Other

Exterior Features

  • Disclosures: None, Other (See Remarks)
  • Construction Type: Other, See Remarks
  • Roof: Other, See Remarks
  • Construction:Other (See Remarks)23: Yes

Garage/Parking

  • Open Parking Spaces: 1.0
  • Total Parking Spaces: 1.0
  • General Property Description:Uncvrd Parking Spcs: 1.0
  • General Property Description:Total Parking Spcs: 1.0
  • Parking:Other (See Remarks)24: Yes

Utilities

  • Electric: Other (See Remarks)
  • Cooling: Other, See Remarks
  • Heating: Other, See Remarks
  • Heating:Other4: Yes
  • Heating:See Remarks3: Yes

Lot Info

  • Additional Parcels: No
  • Parcel #: 301-84-133-A

Rental Info

  • Available Date: 2016-06-13

Multi Family

  • Leasable Area: 4830.0

Tax Info

  • Tax Annual Amount: 88281.0
  • Tax Book Number: 301.00
  • Tax Map Number: 84.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 4, 2021
Sold by
Chandler Technology Partners Llc
Bought by
Pegasus Chandler Gilbert Owner Llc
Current Estimated Value
$27,274,404

Purchase Details

Closed on
Oct 29, 2019
Sold by
Peresistence F Irrevocable Trust
Bought by
Chandler Technology Partners Llc

Purchase Details

Closed on
Jul 1, 2016
Sold by
Dmc Portfolio Llc
Bought by
Burton Daryl R and Persistence F Irrevocable Trus

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,168,750
Interest Rate
3.64%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 11, 2008
Sold by
Chandler Technology Center Llc
Bought by
Biltmore Southeast Valley Portfolio Llc

Purchase Details

Closed on
Sep 19, 1997
Sold by
Dmc Partners
Bought by
Chandler Technology Center Llc

Purchase Details

Closed on
Sep 3, 1993
Sold by
Bay Financial Corp
Bought by
Dmc Partners
Source: Public Records

Range of Values:

Collateral Analytics

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Average Value
Not Available
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
Pegasus Chandler Gilbert Owner Llc $25,175,000 First American Title
Chandler Technology Partners Llc -- None Available
Burton Daryl R $7,100,000 None Available
Biltmore Southeast Valley Portfolio Llc $13,511,065 None Available
Chandler Technology Center Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Burton Daryl R $6,168,750
Closed Biltmore Southeast Valley Portfolio Llc $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/26/2016 10/26/16 Sold $54,855 +457025.0% $11 / Sq Ft
10/26/2016 10/26/16 Pending -- -- --
06/13/2016 06/13/16 For Sale $12 -- $0 / 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 $98,111 $1,024,536 -- --
2024 $99,280 $1,006,241 -- --
2023 $99,280 $2,354,092 $593,215 $1,760,877
2022 $97,848 $1,996,348 $491,050 $1,505,298
2021 $103,984 $1,970,748 $505,080 $1,465,668
2020 $101,790 $2,316,240 $599,634 $1,716,606
2019 $98,995 $2,231,838 $579,942 $1,651,896
2018 $96,078 $1,487,790 $557,982 $929,808
2017 $91,952 $1,386,288 $516,654 $869,634
2016 $93,232 $1,436,832 $521,118 $915,714
2015 $88,281 $727,253 $264,598 $462,655
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2016

    Tanner Milne

    The Menlo Group Commercial Real Estate

    Section Image

  • N

    Buyer's Agent in 2016

    Non-MLS Agent

    Non-MLS Office

See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5456686

Arizona Regional Multiple Listing Service (ARMLS)

APN: 301-84-133A

Arizona Maricopa County Chandler 85226 West Chandler

7400 W Detroit St, Chandler, AZ

This home is located at 7400 W Detroit St, Chandler, AZ 85226 since 13 June 2016 and is currently estimated at $27,274,404, approximately $5,646 per square foot. 7400 W Detroit St is a home located in Maricopa County with nearby schools including Kyrene de las Manitas School, Kyrene del Pueblo Middle School, and Mountain Pointe High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Arizona Regional Multiple Listing Service (ARMLS) All information should be verified by the recipient and none is guaranteed as accurate by ARMLS

Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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