8320 Hardy Dr Tempe, AZ 85284

This exceptional Class A flex property, located at 8320 S Hardy Dr in Tempe, Arizona, presents a unique owner-user opportunity. The 104,836 square foot, two-story building sits on a 7.93-acre lot and boasts contemporary architecture with floor-to-ceiling windows, creating high curb appeal. Currently 100% occupied by a credit tenant (TSYS) under a lease expiring May 31, 2027, with an option to terminate on May 31, 2025, allowing for owner-user occupancy by June 2025 or earlier if the lease is terminated. The asking price is $17,500,000, translating to $166.93 per square foot. The property features a strong NOI of $1,455,787. Significant capital improvements totaling $1.8 million have been completed since 2017, encompassing HVAC, power, and generator upgrades. Ample parking is provided with a 6.09 spaces per 1,000 square feet ratio, including 40% covered parking. The property is zoned GID and benefits from its prime location within the Warner Crossing business park, directly across from a 60-acre city park, and surrounded by major retailers like IKEA, Costco, Home Depot, and Walmart. Its convenient location offers full-diamond access to Interstate 10 within two minutes. This investment presents a compelling blend of immediate income and long-term owner-user potential in a highly desirable Tempe location.