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4950 West Ray Road

Updated Dec 4, 2025

Phoenix Commercial Advisors Represents Sale Of Chandler Sunset Plaza For $25.975 Million
SOLDRetail

Phoenix Commercial Advisors Represents Sale Of Chandler Sunset Plaza For $25.975 Million

4950 West Ray Road & 4980 West Ray Road

$25,975,000

Building Size

—

Asset Type

Retail

Closing

Nov 26, 2025

About this deal

AI

The property involved in the transaction is a retail asset located at 4950 West Ray Road and 4980 West Ray Road in Chandler, AZ, encompassing 13.3 acres. The shopping center, known as Chandler Sunset Plaza, features a total area of 107,320 square feet, primarily anchored by entertainment and fitness tenants. The sale was concluded for a price of $25,975,000, translating to $242 per square foot, with 95% of its space leased to a mix of national and local tenants.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $25,975,000
  • Address: 4950 West Ray Road & 4980 West Ray Road
  • Market: Chandler, AZ
  • Acres: 13.3
  • Leased Space: 95%
  • Total Square Footage: 107,320
  • Brokers: John Schweikert & Chad Tiedeman - Phoenix Commercial Advisors

Phoenix Commercial Advisors facilitated the transaction and represented the seller in this deal. The involvement of John Schweikert and Chad Tiedeman highlights the expertise of the brokerage firm in managing significant property transactions within the retail market in Arizona.

On the Map

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$25,975,000

Retail

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Players

Chad Tiedeman

Phoenix Commercial Advisors

Broker

$243.3M

vol

12 deals

Broker
Phoenix Commercial Advisors
Phoenix Commercial AdvisorsBrokerage

Chandler Retail Market Snapshot

Boundary boundary · Retail · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.61%

Cash-on-Cash

-0.17%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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