Freestanding Office in Tempe,
3006 South Rural Road Tempe, AZ 85282
For Sale
$829,493
Freestanding office building, previously used for chiropractic purposes.
Property Size2,400 SF
Price / SF$345.62
Days on Market123
Property Features for 3006 South Rural Road
General Information
- Standard status
- Active
- Size
- 2,400 SF
- Property subtype
- Office
Listing Agency:
CBRE | Phoenix
(602) 735-5630
Listed By:
Jamie Swirtz · License #SA625844000
(602) 735-5630
Source:
Cbre
Added: Mar 25
Changed: Jul 6
Last Checked: Jul 25 at 3:06AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CBRE | Phoenix
Investment Insights
Based on property information with market context.
This freestanding office building, previously occupied for chiropractic use, is located in Tempe, Arizona. The property is zoned CCR and offers a parking ratio of 3.33 spaces per 1,000 square feet. The building has a size of 2400 square feet.
Key Highlights
- Freestanding office building
- Zoned CCR, Tempe
- Parking: 3.33/1,000 SF
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $72.9k | $30.36 |
| − Vacancy | −$15.7k | −$6.53 |
| EGI | $57.2k | $23.83 |
| − OpEx | −$14.3k | −$5.96 |
| NOI | $42.9k | $17.87 |
2,400 SF · lease $30.36/SF/yr · vacancy 21.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$612.8K
$536.2K – $715.0K
NOI $42,899 @ 7.0% cap · market cap 5.17%
Second Best
Healthcare Medical
$516.5K
$452.0K – $602.6K
NOI $36,158 @ 7.0% cap · market cap 4.36%
Theoretical Best
Office A
$754.7K
$660.4K – $880.5K
NOI $52,830 @ 7.0% cap · market cap 6.37%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Coyote Chiropractic and Wellness ...
Alternative Medicine Practice
David M. Merchant, ...
Alternative Medicine Practice
Waggoner Ashley N ...
Alternative Medicine Practice
Joann Fawcett, DC
Alternative Medicine Practice
Anthony Gross
Alternative Medicine Practice
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FAQs
What type of property is this?
Medical Office Space - Freestanding office building, previously used for chiropractic purposes.
Where is this medical office space located?
The property is located at 3006 South Rural Road Tempe, AZ.
What is the asking price?
The asking price for this property is $829,493.
What are key features of this property?
This property features: Freestanding office building; Zoned CCR, Tempe; Parking: 3.33/1,000 SF