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Freestanding Office Building
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3006 S Rural Rd, Tempe, AZ 85282

Freestanding office previously used as a chiropractic office, zoned CCR, with parking based on 4 per 1,000 SF.

Property Size2,400 SF
Price / SF$375
Days on Market597

Property Features for 3006 S Rural Rd

General Information

Standard status Active
Size 2,400 SF
Property subtype OFFICE
Zoning CCR

Building Details

Parking Ratio 4 per 1,000 SF
Listing Agency: CBRE | Phoenix
Listed By: Charles Miscio · License #SA625844000
Source: Moodyscre
Added: Dec 12, 2024 Changed: Jul 29 Last Checked: Aug 1 at 6:33AM

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.

Freestanding office building previously used as a chiropractic office, offering a practical layout for professional services. The property totals 2,400 SF and is currently supported by parking calculated at 4 spaces per 1,000 SF.

The building is located at 3006 S Rural Rd in Tempe, Arizona. The site is zoned CCR, which may support a range of commercial uses consistent with that zoning designation.

For office occupiers looking for a standalone professional space with established parking and a known prior medical-related use, this property provides a straightforward option within its CCR zoning framework.

Key Highlights

  • 2,400 SF freestanding office building
  • Prior use as a chiropractic office
  • Zoned CCR, Tempe

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 (±1% cap)
NOI $42,899 @ 7.0% cap · market cap 4.77%
Second Best
Healthcare Medical
$516.5K
$452.0K – $602.6K (±1% cap)
NOI $36,158 @ 7.0% cap · market cap 4.02%
Theoretical Best
Office A
$754.7K
$660.4K – $880.5K (±1% cap)
NOI $52,830 @ 7.0% cap · market cap 5.87%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

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

Suggested Use

Top Pick Grocery & Convenience Store (Bike/Boat/Book/etc) Store Pet Grooming Service Carpet & Flooring Store Clothing & Fashion Store Veterinary Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,037
Businesses Nearby

Demographics for 85282, AZ

52,351
Population
25,667
Households
2
Avg Household Size
33
Median Age
44%
College-Educated
94%
High-School Grad
11.1 sq mi
ZIP Area
4,716
Density / Sq Mi
$79,084
Median Household Income
$43,863
Median Earnings
$1,627
Median Rent
$370,000
Median Home Value

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office building - Freestanding office previously used as a chiropractic office, zoned CCR, with parking based on 4 per 1,000 SF.
Where is this office building located?
The property is located at 3006 S Rural Rd Tempe, AZ.
What is the asking price?
The asking price for this property is $900,000.
What are key features of this property?
This property features: 2,400 SF freestanding office building; Prior use as a chiropractic office; Zoned CCR, Tempe
(602) 735-5630 Call to check price and availability
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