3345 S RURAL RD, Tempe, AZ 85282
Owner-user freestanding building on direct Rural Road frontage with flexible layout for office, medical, or institutional uses.
- Added:
- Jun 3, 2026
- Days on Market:
- 4
- Last Refresh:
- Jun 6 at 4:29 am
Property Features for 3345 S RURAL RD
General Information
- Standard status
- Active
- Size
- 8,730 SF
- Lot size
- 0.67 Acres
- Property subtype
- Office
Building Details
- Year Built
- 1989
Listing agent Beth Jo Zeitzer License #AZ BR044331000
Listing office R.O.I. Properties (602) 319-1326
Listing date Jun 3, 2026
Source Crexi
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HighLights
- Approximately 0.667‑acre site with direct frontage on S Rural Road and convenient access to Southern Ave, I‑10, Loop 101, and Loop 202
- 8,730 SF freestanding commercial building built in 1989 on a 29,490 SF lot
- Flexible building layout suited for educational, office, medical, nonprofit, religious, or institutional occupancy
- Property offers options for owner‑users seeking a long‑term presence while keeping flexibility for future operational needs or site enhancements
Overview
The site features direct frontage along Rural Road, with convenient access to Southern Avenue, Interstate 10, Loop 101, and Loop 202 for day-to-day travel and client servicing across the Phoenix metropolitan area. The surrounding area is described as a vibrant mixed-use environment with established residential neighborhoods, educational institutions, retail amenities, and employment centers, and the property is noted as being in proximity to Arizona State University and the broader Tempe employment base.
For tenants, buyers, and operators, the combination of freestanding control, renovation history, and adaptable interior layout makes the building suitable for educational, office, medical, nonprofit, religious, or other institutional uses. With substantial land area in place, an owner-operator also has room to plan for site-related enhancements or future operational needs while maintaining a functional, front-facing presence along a major arterial corridor.
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 | $265.0k | $30.36 |
| − Vacancy | −$57.0k | −$6.53 |
| EGI | $208.1k | $23.83 |
| − OpEx | −$52.0k | −$5.96 |
| NOI | $156.0k | $17.87 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Tempe
- County
- Maricopa
- State
- Arizona
- Longitude
- -111.925867
- Latitude
- 33.3913658