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
Last Updated: July - 08 - 2025
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