4700 S MCCLINTOCK Drive, Tempe, AZ 85282 (MLS# 6726971)

4700 S MCCLINTOCK Drive, Tempe, AZ 85282

$3,700,000
Property Type: Comm/Industry Sale Square Footage: 22,868 Lot Size (sq. ft.): 72,527 Status: Closed
Current Price: $3,700,000 List Date: 3/07/2025 Last Modified: 7/08/2025

Overview

Description

McClintock Professional Center is a 22,868 square foot, multi-tenant office building constructed on a 72,786 square foot (1.67 acre) site located in Tempe, approximately nine miles SE of the Central Phoenix business district and approximately two miles SW of the Tempe Business District and Arizona State University. The Property is particularly well suited for professional office use by businesses involved in financial services, community development, marketing, medical/health, government, and other link-kind service related industries. The building is of an attractive, post-modern design featuring exterior walls of jumbo red brick and a recessed floor increasing overall energy efficiency. The building is one (1) story with an attractive central atrium.

Listing Details MLS# 6726971

Location, Tax & Legal

House Number
4700
Compass
S
Street Name
MCCLINTOCK
St Suffix
Drive
City/Town Code
Tempe
State/Province
AZ
Zip Code
85282
Zip4
7386
County Code
Maricopa
Assessor Number
133-39-004-B
Tax Year
2024
Assessor's Map #
39
Legal Description (Abbrev)
COM SE COR S2 NE4 SE4 SEC TH N 112F TO TPOB TH W 398.90F TH N 218.40F TH E 398.90F TH S 218.40F TO
Assessor's Parcel #
4
Assessor Parcel Ltr
B
Add'l Parcels
No
Tax Municipality
Tempe
Census Tract
319401
Taxes
40788
Legal
COM SE COR S2 NE4 SE4 SEC TH N 112F TO TPOB TH W 398.90F TH N 218.40F TH E 398.90F TH S 218.40F TO

Contract Info

Ownership
Fee Simple

General Property Description

Ttl Apx SqFt Bldg
22868
# of Buildings
2
Year Built
1986
Uncvrd Parking Spcs
88
Zoning
C

Remarks Misc

Cross Street
McClintock & 60
Directions
N on McClintock from 60. Property on right.

Status Change Info

Off Market Date
2025-04-18
Under Contract Date
2025-04-17
Close of Escrow Date
2025-07-07

Legal Info

Township
1N
Range
4E
Section
35
Lot Number
008

More Information

Income Expenses

Gross Annual Sch Inc
402663
Net Operating Income
283277.4

Showing Notification Methods

Showing Service
Aligned Showings

Sold Info

Loan Type
Other
Loan Years
30
Payment Type
Other
Clsing Cost Split
Normal - N
Buyer Concession $/%
$
Seller Concession $/%
$
Buyer Concession to Seller
0
Seller Concession to Buyer
0

Construction

Other
Yes

Roofing

Other
Yes

Floors

Other
Yes

Income & Expenses

Annual Elec Exp
6005.3
Annual Ins Exp
4942.56
Annual Landscape Exp
14400
Annual Maint Exp
15009.16
Annual Mgmt Exp
20133.17
Annual Wtr/Swr Exp
8846.44
Owner Association
No
Annual Ownr Asoc Fee
0
Annual Other Expense
9261.26
Operating Exp
119385.89
Other Income
0
Vacancy Allowance
0
Adjusted Gross Inc
402663

Building Type

Commercial
Yes
Office
Yes

Business Type

Dental
Yes
Mixed
Yes
Service Business
Yes
Medical
Yes
Professional/Office
Yes

Stories

1 Story
Yes

Pmt & Rate Info

Cap Rate
7.17
Equity
3950000
Total Owed
0

Lockbox Type

None
Yes

Ceiling Height

8.1 Feet to 10 Feet
Yes

Heating

Other
Yes

Cooling

Other
Yes

Interior Features

Finished
Yes
Smoke Detector(s)
Yes
Private Restrooms
Yes
Other (See Remarks)
Yes

Loading Facilities

None
Yes

Source of Fincl Data

Owner
Yes

Fencing

Other
Yes

Water Source

City Franchise
Yes

Sewer

Sewer - Public
Yes

Parking Features

Parking Structure
Yes
Private
Yes
Paved
Yes

Electric

SRP
Yes

Gas

None
Yes

New Financing

Cash Only
Yes

Reports/Disclosures

None
Yes

Environmental

None
Yes

Property Features

Building Type: Commercial; Office Business Type: Dental; Mixed; Service Business; Medical; Professional/Office Stories: 1 Story Construction: Other Roofing: Other Floors: Other Ceiling Height: 8.1 Feet to 10 Feet Heating: Other Cooling: Other Loading Facilities: None Interior Features: Finished; Smoke Detector(s); Private Restrooms; Other (See Remarks) Fencing: Other Parking Features: Parking Structure; Private; Paved Electric: SRP Gas: None Water Source: City Franchise Sewer: Sewer - Public New Financing: Cash Only Lockbox Type: None Source of Fincl Data: Owner Environmental: None
Listing Office: DPR Realty LLC
IDX
Last Updated: July - 08 - 2025
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