Technical
Financial
Distress signals
Property profile

6408 S Mcclintock Dr Tempe, AZ 85283

FOR LEASE
Strip malls
Property ID
US07-0919276
8,525 SF 9.78 ac lot Built 1976
Entity Owned 8-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional retail property, Tempe Square, located at 6408 S McClintock Dr, Tempe, AZ 85283, offers a fantastic opportunity for businesses seeking a vibrant and accessible location in Maricopa County. The property is a 1,591 square foot retail space currently entirely vacant, presenting a unique chance to customize the space to perfectly suit your needs. The flexible layout allows for multiple configurations, making it ideal for a variety of retail uses, including the possibility of dividing the space into smaller units. The property is classified as commercial retail, and its previous use included a hair salon, indicating its suitability for similar businesses. The address is conveniently situated in Tempe, Arizona, providing excellent visibility and accessibility for customers. With a total of 1,591 square feet of vacant space, this property presents a significant opportunity for a business looking to establish or expand its presence in a thriving market. The property's location offers easy access to major transportation routes, ensuring convenient access for both employees and customers. This is a rare opportunity to secure a prime retail space in a high-demand area. The entire 1,591 square feet is available for lease, offering flexibility in design and layout. Contact us today to learn more about this exceptional opportunity.

Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1976
Construction CONCRETE
Total area 8,525 SF
Lot 9.78 ac (425,843 SF)
Zoning code PCC-1
APN 301-48-010L
UPID US07-0919276

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

6408 S Mcclintock Dr Tempe, AZ 85283
Tempe metro Census 319905 PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$7.03M
Blend (final) Blend
$6.90M

Owner & transaction history

since 2018
7 recorded transactions
2018
Price N/A
2017
Price N/A
2017
$2.2M
2004
$14.8M
1998
Price N/A
1998
$10.0M
1998
$789,680

Zoning & alternative use

PCC-1 · Tempe, AZ
Zoning description

The neighborhood PCC-1 district is intended to provide retailing, services and entertainment uses oriented to serve the needs of the neighborhood, community or the metropolitan region. Residential uses may be allowed sub…

General category COMMERCIAL
Top alternative use upside
Restaurant $5.9M +38.8%
Auto repair, garage $5.9M +36.9%
Industrial (general) $4.5M +5.3%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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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?”
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