Active
17006 S WEBER Drive
Chandler AZ, 85226
$8,870,634
$553.79 per sqft
Active
16,018 sqft
Commercial
Built in 2018
-CAP RATE 10.25-List Price $8,870,634-Seller will carry a note-100% leased NNN-Tenant One, Total Health & Wellness lease terms end in 2036. Included in lease are four 5 year options.-Tenant Two, P1 Capital Group, LLC lease terms end in 2031. Included in lease is one 5 year option.-Each lease has annual 3% escalators, options also have annual 3% escalators.-Tenants are Arizona State Licensed Cannabis Dispensary, Cultivation, and manufacturers.-High grossing active dispensary tenant. Great demand for this site now and in the future.-Zoning is a special county island located in the city of Chandler.-This is a county island in Chandler, AZ.*Only the sale of the property. Not a sale of the actual cannabis state license held by tenants
6584213
MLSⓇ ID
October 21, 2023
Updated
Map
17006 S WEBER Drive
Chandler AZ, 85226
Interior Features
Interior Features
Finished
Fireplace
No
Cooling
Yes
Cooling Description
Central A/C
Heating
Yes
Heating Description
Electric, Natural Gas
Exterior/Building Features
Roof
Other (See Remarks)
Sewer
Sewer - Public
Other Property Details
Taxes
$17,174
Tax Frequency
Annually
Garage
No
Parking
Free, Private Parking
Parking Total
80
View
No
County
Maricopa
Water Source
City Franchise
Pool
No
Zoning
IND-3
Listing History
Date | Event | Price |
|---|---|---|
10/21/2023 | Price Change | $8,870,634 10% |
9/8/2023 | Price Change | $7,999,999 -9% |
8/31/2023 | Price Change | $8,769,000 -5% |
8/24/2023 | Price Change | $9,185,000 -3% |
8/16/2023 | Price Change | $9,409,999 -15% |
8/4/2023 | Price Change | $11,057,000 -7% |
Courtesy of Joseph J Kachuroi, Joseph Kachuroi
Listing Contact:
All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Denise Hurd shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
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Data Last Updated: 3:01 AM UTC, 10/21/2023.
