This property consists of 513,363 SF (11.79 acres) of multifamily and commercially-zoned raw land, located in the heart of Chandler. The commercial zoning runs along Arizona Avenue, with the rest of the property zoned for multifamily. The East Valley of Phoenix has been the primary driver of development growth in recent years and the Phoenix MSA is now predicted to be the number one city in terms of residential development growth in 2017. The property has 785' of street frontage along Arizona Avenue and has 640' of street frontage along Germann Road. The property is one mile from the Loop 202, which provides great accessibility to the rest of the Valley and within close proximity to Downtown Chandler, Gilbert Crossroads Towne Center, Chandler Municipal Airport.
Listing courtesy of Sperry Commercial.
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