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
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.
More Information MLS# 6726971
Contract Info
Ownership: Fee Simple Current Price: $3,700,000 Sold Price: $3,700,000 Status: Closed List Date: 2024-07-03
Location, Tax & Legal
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 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
General Property Description
Ttl Apx SqFt Bldg: 22868 # of Buildings: 2 Uncvrd Parking Spcs: 88 Year Built: 1986 Zoning: C
Legal Info
Range: 4E Section: 35 Township: 1N Lot Number: 008
Construction
Other: 1
Roofing
Other: 1
Floors
Other: 1
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: 1 Office: 1
Business Type
Dental: 1 Mixed: 1 Service Business: 1 Medical: 1 Professional/Office: 1
Stories
1 Story: 1
Pmt & Rate Info
Cap Rate: 7.17 Equity: 3950000 Total Owed: 0
Showing Notification Methods
Showing Service: Aligned Showings
Lockbox Type
None: 1
Ceiling Height
8.1 Feet to 10 Feet: 1
Heating
Other: 1
Cooling
Other: 1
Interior Features
Finished: 1 Smoke Detector(s): 1 Private Restrooms: 1 Other (See Remarks): 1
Loading Facilities
None: 1
Source of Fincl Data
Owner: 1
Fencing
Other: 1
Water Source
City Franchise: 1
Sewer
Sewer - Public: 1
Parking Features
Parking Structure: 1 Private: 1 Paved: 1
Electric
SRP: 1
Gas
None: 1
New Financing
Cash Only: 1
Reports/Disclosures
None: 1
Environmental
None: 1
Sold Info
Loan Type: Other Loan Years: 30 Payment Type: Other Clsing Cost Split: Normal - N Buyer Concession to Seller: 0 Buyer Concession $/%: $ Seller Concession to Buyer: 0 Seller Concession $/%: $
Remarks Misc
Cross Street: McClintock & 60 Directions: N on McClintock from 60. Property on right. Geo Lat: 33.382407 Geo Lon: -111.910027
Status Change Info
Off Market Date: 2025-04-18 Under Contract Date: 2025-04-17 Close of Escrow Date: 2025-07-07 Sold Price: $3,700,000
Income Expenses
Gross Annual Sch Inc: 402663 Net Operating Income: 283277.4
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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