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Property profile & analytics
FOR LEASE
Office buildings

1414 W Broadway Rd Tempe, AZ 85282

29,570 SF 4 ac lot Built 1974
Entity Owned 7-yr Hold ~ Est. High Equity
Property ID
US07-0872972
Property summary
AI-generated overview

MAC6 Broadway East offers a diverse range of executive office and coworking spaces in Tempe, Arizona. This Class B building, totaling 61,073 square feet, underwent renovations in 2015 and is conveniently located near major freeways including the I-10, US-60, Loop-202, and SR-143, providing easy access to Sky Harbor Airport. The property features a minimum divisible space of 799 square feet and a maximum contiguous space of 3,385 square feet, with 10,811 square feet currently vacant. Multiple tenancy options are available to suit various business needs. Building amenities include a state-of-the-art on-site gym with a personal trainer, a large community conference room perfect for meetings and presentations, and a tenant amenity lounge offering complimentary coffee and beverages. The building boasts ample parking with a ratio of 5 spaces per 1,000 square feet. Elevators are available for convenient access to all floors. The property is situated in the Tempe submarket of Maricopa County, at the intersection of Priest and Broadway Road. Monument signage is planned for the near future. This is an excellent opportunity for businesses seeking modern, well-equipped office space in a prime Tempe location.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1974
Construction STEEL FRAME
Total area 29,570 SF
Lot 4 ac (174,364 SF)
Zoning code PCC-1
APN 124-58-028B
UPID US07-0872972
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • The Fractionals Business Management Consultant
  • Concordia Office Park Business Park
  • Arizona Homeschool Networking Association Tutoring Service
  • Roark Consulting, LLC Structural Engineer Building Design Company
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$11.30M
Blend (final) Blend
$11.24M
Owner & transaction history
Mac6 Broadway 2 LLC · 7 yrs held
Mac6 Broadway 2 LLC
since 2018
7 recorded transactions
2019
Price N/A
2019
Price N/A
2018
$6.0M
2018
Price N/A
2003
Price N/A
1999
Price N/A
1998
$6.2M
Zoning & alternative use
PCC-1 · Tempe, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Industrial (general) $17.5M +95.7%
Retail stores $15.6M +73.9%
Neighborhood: shopping center $15.1M +69.1%
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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