Chandler Office Space

Class A Office Opportunity in Chandler Tech Corridor Space
Chandler, AZ
# Class A Office Opportunity in Chandler Tech Corridor The Stearman is a two-story, ±65,000-square-foot multi-tenant office building, located at the northeast corner of Ryan Road and Stearman Drive in Chandler, Arizona. Estimated delivery is February 2018. The Stearman boasts an innovative, modern design coupled with attractive aesthetics to provide companies with a Class A experience. The building is one-of-a-kind, with each detail thoughtfully planned to afford emerging generations of office users a unique corporate identity. The Stearman’s unique construction style will allow users to be actively involved in the creation of a space that fully meets their needs. The Stearman’s highly desirable location gives users unparalleled access to 1.2 million square feet of retail amenities, as well as being strategically positioned in proximity to Loop 202. The City of Chandler, in the southeast portion of metropolitan Phoenix hosts more than 260,000 residents, and is expanding at a pace of nearly 2 percent annually—faster than the state average as a whole. It is the fourth largest city in Arizona by population, trailing only Phoenix, Tucson and Mesa. Of the top five cities in Arizona, Chandler is by far the fastest-growing city in the group. Businesses, particularly those in the high-technology segments of the economy that are looking to establish a presence in Arizona due to the state’s pro-business climate and affordable cost of living, consistently target Chandler to attract the best talent to run their enterprises. Features - Estimated delivery is February 2018 - ±65,000-square-foot, two-story Class A office building on approximately 4.3 acres - Ten-foot finished ceilings and floor-to-ceiling glass gives this project a unique feel, which will appeal to users desiring creative, high-tech space. - Open concepts to promote collaboration - Surface parking will be provided at approximately 5:1000 rentable square feet, with covered parking provided based on tenant requirements

Chandler

Office Space Market Report

Number of Listings (last 90 days)
46
Median Rate ($/sqft/yr)
$24
Median Size (sqft)
3,410
As of: May 23, 2017

Chandler Rates

Most listings are in the $20's per square foot per year. The Chandler submarket is seeing a a boost in rates. In the last 3 months, the median rate went up $3 per sqft per year. That's a 13% increase in rent.

Compared to the rest of the Phoenix Metropolitan Area market, the Chandler submarket has smaller rates, so you should have no trouble finding a great deal in this undervalued submarket.

Chandler Listing Supply

In the last 90 days, 46 listings have been made available, so you'll want to check back regularly for new listings. About 2% of the office spaces in the Chandler are subleases, so you will probably have to consider a longer term lease. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

Even though the median size is 3,410 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this region are close to 2 stories. Most buildings in this area were built in 2006 and are Class B.

Chandler Community

Market Report

Trends and status of the commercial real estate market in Chandler.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Chandler.
Research

Chandler Submarkets