In this YouTube short, Catherine Bell and a colleague walk through a commercial real‑estate listing for the "Toy Barn" in Chandler, Arizona. They note the property’s 3,573 sq ft of internal space plus a 475 sq ft mezzanine, 25‑ft clear zoning, and a published price of $350 per square foot, implying roughly a $1 million valuation. The asking price is $1,050,000. They perform a back‑of‑the‑envelope financial analysis: a 70 % loan‑to‑value ratio would require a $315,000 down payment, with a 25‑year amortization. Various financing paths are mentioned (SBA, conventional, seller carry). The discussion also covers rent sensitivity, potential income play, due‑diligence items, and next steps such as confirming the asking price with the broker and preparing a letter of intent. The overall tone is conversational yet analytical, with a positive interest in the opportunity.
Did find a thing, an outdoor— not outdoor storage, a storage unit in Chandler, Arizona. They call it the Toy Barn.
Nice.
If we want to check this out. So yeah, this is it asking for a little bit over a million in Chandler. And then this is what it came out as. Okay.
So 3,000 square foot floor plan shows 3,573 internal area. First floor, then there's 475 feet mezzanine living room, published Pricing found online, $350 a square foot implying $1 million asking. Units— This is a fall— I should have thought— had zoning, 25-foot clear. Okay. So what the deal has going for it. So strong physical profile. Okay, great. So it's Loop 202 Chandler, Sherman. Okay, great. Back of the napkin valuation. Okay. So it's $3,000. Square feet, online price, $350,000 square foot, implied price. This helps the broker. Income scenario, purchase price, loan to value, 70%, only $315,000 down. Like it. Amortized 25 years. Okay. Keep going. Rent sensitivity. Okay. Shark Reed, 24, uh, square foot leverage. It's a little— becomes legit, specifically income play. Offer guidance. Kate, my offer poster. So LOI. Hey, financing paths. So SBA, conventional, seller carry.
And this is also property that Tommy was just mentioning. I don't know if we wanted to look at it that route for their buy box or if this is just another property that looks interesting.
No, this totally looks interesting. I like it. Keep going. Key due diligence. Kate, keep going. Negotiate leverage as is. Trade language. Keep going. Go, no-go. Owner-user. The property solves the business lifestyle needs. You can lease out. Seller is financing condo. No go. Rent comps are below. So it's okay. Each district that service— Next, call the broker and request asking price confirmation. Okay. So it, they don't have a clear asking. So the document doesn't sh— I thought it did showed a clear asking price or no, was that my imagination?
Uh, it does have a clear asking price. They're asking for $1,050,000. Okay.
