Move-In Ready Office Condo
2033 E Warner Rd Tempe, AZ 85284
2033 E Warner Rd, Tempe, AZ, 85284
Contact for pricing
For Sale
Contact for pricing
Built-out office suite includes lobby, three private offices, conference room, ADA restroom, kitchen, and storage.
Property Size1,628 SF
Price / SF$394.96
Days on Market155
Property Features for 2033 E Warner Rd
General Information
- Standard status
- Active
- Size
- 1,628 SF
- Property subtype
- OFFICE
Listing agency
Menlo Group Commercial Real Estate
(480) 206-4548
Listed by
Steve Berghoff · License #BR581000000
(480) 206-4548
Source
Moodyscre
Added: Feb 17 Updated: Jul 22 at 2:43AM Checked: Jul 22 at 2:43AM
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 Menlo Group Commercial Real Estate
Investment Insights
Based on property information with market context.
Move-in ready office condo suite in Price Warner Commerce Center, offering a built-out general office layout with a lobby/reception area, three private offices, a conference room, ADA restroom, kitchen, and storage. The suite is supported by two brand new HVAC units installed in 2025.
The building features block masonry exterior accents with a ceramic tile hip roof, and HOA is professionally managed by Affiliated Property Management Corp. On-site parking includes three covered, reserved spaces, and there is monument signage on site.
The suite includes a personal property package (furniture) available for purchase under a separate bill of sale.
The building features block masonry exterior accents with a ceramic tile hip roof, and HOA is professionally managed by Affiliated Property Management Corp. On-site parking includes three covered, reserved spaces, and there is monument signage on site.
The suite includes a personal property package (furniture) available for purchase under a separate bill of sale.
Key Highlights
- Built‑out general office suite with lobby/reception, 3 private offices, conference room, ADA restroom, kitchen, and storage
- Brand new HVAC units installed in 2025 (2 units)
- Owner/user potential: 100% bonus depreciation may be available via cost segregation study (for eligible components)
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 | $49.4k | $30.36 |
| − Vacancy | −$10.6k | −$6.53 |
| EGI | $38.8k | $23.83 |
| − OpEx | −$9.7k | −$5.96 |
| NOI | $29.1k | $17.87 |
1,628 SF · lease $30.36/SF/yr · vacancy 21.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$415.7K
$363.8K – $485.0K
NOI $29,100 @ 7.0% cap · market cap 4.53%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$511.9K
$448.0K – $597.3K
NOI $35,836 @ 7.0% cap · market cap 5.57%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Wu Karen w ...
Dental Office
ANGELINA ROSA CANJURA
Physician
Flores Capital Management ...
Financial Advisor
Edward Jones - Financial ...
Financial Advisor
Seacat Financial Services
Financial Advisor
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FAQs
What type of property is this?
Office units - Built-out office suite includes lobby, three private offices, conference room, ADA restroom, kitchen, and storage.
Where is this office units located?
The property is located at 2033 E Warner Rd Tempe, AZ.
What is the asking price?
The asking price for this property is $643,000.
What are key features of this property?
This property features: Built‑out general office suite with lobby/reception, 3 private offices, conference room, ADA restroom, kitchen, and storage; Brand new HVAC units installed in 2025 (2 units); Owner/user potential: 100% bonus depreciation may be available via cost segregation study (for eligible components)
