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    Divisible Office Building with Private Entrances Title is generated by Realmo AI

    2306 S Mcclintock Dr, Tempe, AZ 85282

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    Flexible office building offers up to eight private-entry suites and abundant natural light.

    Type:OFFICE
    Property size:
    6,074 SF
    Price / SF:
    $271/SF
    Added:
    Jul 1, 2026
    Days on Market:
    6
    Last Refresh:
    Jul 5 at 2:25 am

    Property Features for 2306 S Mcclintock Dr

    General Information

    Standard status
    Active
    Size
    6,074 SF
    Property subtype
    OFFICE

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    Hunter Chasse

    Listing office LevRose Commercial Real Estate

    Listing date Jul 1, 2026

    Source Moodyscre

    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

    HighLights

    • Flexibility for an owner‑user to occupy the entire building, or occupy half and lease back to the existing tenant
    • Recent capital improvements include new exterior paint and wood beams
    • Tremendous glass line for abundant natural light throughout the building
    • Easily divisible layout to create up to eight (8) suites, each with its own private entrance
    • Centrally located with direct access to major freeways including Loop 101 and U.S. 60
    • Amenity‑rich area with numerous retail and restaurants nearby

    Overview

    This office building is designed for flexible occupancy, allowing an owner-user to occupy the entire building or occupy half while conducting a leaseback with the existing tenant. The property has recently completed capital improvements, including new exterior paint and wood beams. A strong glass line helps bring in abundant natural light, supporting a professional work environment. The building is easily divisible to create up to eight suites, and each suite can include its own private entrance.

    The location is positioned for convenient access to major freeways, including Loop 101 and U.S. 60. It is also described as amenity-rich, with numerous retail and restaurants nearby, which can support day-to-day convenience for staff and visitors.

    For tenants and buyers, the up-to-eight-suite configuration makes the property suitable for multi-tenant use or staggered occupancy strategies. Private entrances per suite can support tenant identity and operational independence, while the recent exterior upgrades and naturally lit interior environment add immediate presentation value. The overall layout also supports scenarios where an owner wants to control part of the building while leasing the remainder.

    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 (±1% cap)
    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 (±1% cap)
    NOI $133,703 @ 7.0% cap · market cap 8.10%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Hogfish Web Studios Marketing & Advertising

    Suggested Use

    Grocery & Convenience Store Department Store Garden Center Restaurant (Bike/Boat/Book/etc) Store Discount Store Clothing & Fashion Store Travel Agency Restaurant Restaurant

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Tempe
    County
    Maricopa
    State
    Arizona
    Longitude
    -111.9099183
    Latitude
    33.4028664

    FAQs

    What type of property is this?
    Office building - Flexible office building offers up to eight private-entry suites and abundant natural light.
    Where is this office building 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: Flexibility for an owner‑user to occupy the entire building, or occupy half and lease back to the existing tenant; Recent capital improvements include new exterior paint and wood beams; Tremendous glass line for abundant natural light throughout the building
    (480) 947-0600 Call to check price and availability
    More about this property
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