Freestanding Office Building with
2306 S Mcclintock Dr Tempe, AZ 85282
2306 S Mcclintock Dr, Tempe, AZ, 85282
$1,650,000
For Sale
$1,650,000
Freestanding office building offers owner-use flexibility or suite leasing with private entrances and recent exterior improvements.
Property Size6,074 SF
Price / SF$271.65
Days on Market46
Property Features for 2306 S Mcclintock Dr
General Information
- Standard status
- Active
- Size
- 6,074 SF
- Property subtype
- Office
Building Details
- Year Built
- 1980
Listing agency
LevRose Commercial Real Estate
(480) 421-8822
Listed by
Hunter Chasse · License #SA657832000
(480) 421-8822
Source
Tcnworldwide
Added: Jun 7 Updated: Jul 10 at 1:55PM Checked: Jul 22 at 4:54AM
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 LevRose Commercial Real Estate
Investment Insights
Based on property information with market context.
This freestanding office building totals 6,074 square feet and is configured for flexible occupancy. It can support an owner/user that occupies the entire building or an owner that occupies half and uses a leaseback approach with the existing tenant. Recent capital improvements include new exterior paint and wood beams.
The building features a strong glass line that brings in natural light throughout the space. The layout is easily divisible to create up to eight suites, and each suite is set up with its own private entrance for independent access. The property is located with direct access to major freeways, including Loop 101 and U.S. 60.
For tenants or buyers, the suite-ready configuration is well suited to professional users that value separate entry and flexible space planning. The ability to operate as one combined facility or as multiple independently accessed suites can accommodate a range of office requirements, including an owner/operator model or a partial-occupancy strategy.
The building features a strong glass line that brings in natural light throughout the space. The layout is easily divisible to create up to eight suites, and each suite is set up with its own private entrance for independent access. The property is located with direct access to major freeways, including Loop 101 and U.S. 60.
For tenants or buyers, the suite-ready configuration is well suited to professional users that value separate entry and flexible space planning. The ability to operate as one combined facility or as multiple independently accessed suites can accommodate a range of office requirements, including an owner/operator model or a partial-occupancy strategy.
Key Highlights
- 6,074 SF freestanding office building built in 1980
- Owner‑user flexibility: occupy the entire building or occupy half and lease back to the existing tenant
- Recent capital improvements include new exterior paint and wood beams
Local 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 | $184.4k | $30.36 |
| − Vacancy | −$39.6k | −$6.53 |
| EGI | $144.8k | $23.83 |
| − OpEx | −$36.2k | −$5.96 |
| NOI | $108.6k | $17.87 |
6,074 SF · lease $30.36/SF/yr · vacancy 21.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.55M
$1.36M – $1.81M
NOI $108,569 @ 7.0% cap · market cap 6.58%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.91M
$1.67M – $2.23M
NOI $133,703 @ 7.0% cap · market cap 8.10%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Hogfish Web Studios
Marketing & Advertising
Similar For Sale Nearby
FAQs
What type of property is this?
Office units - Freestanding office building offers owner-use flexibility or suite leasing with private entrances and recent exterior improvements.
Where is this office units located?
The property is located at 2306 S Mcclintock Dr Tempe, AZ.
What is the asking price?
The asking price for this property is $1,650,000.
What are key features of this property?
This property features: 6,074 SF freestanding office building built in 1980; Owner‑user flexibility: occupy the entire building or occupy half and lease back to the existing tenant; Recent capital improvements include new exterior paint and wood beams
