8320 Hardy DrTempe, AZ 85284

  • Office properties
  • 102,435 SF
For Lease
$9/SF/YR View listing

Property Details for 8320 Hardy Dr

Year built
1997
Construction
STEEL FRAME
Lot size
7.93 AC
Property size (Sq ft)
102,435 SF
Zone code
GID
Property type
Office properties
Property subtype
Office buildings
APN
301-53-041
APU
30153041

Description

This exceptional Class A executive office space, totaling 51,217 square feet, is ideally situated at 8320 S Hardy Drive in Tempe, Arizona. The single-tenant property boasts a prime location on Hardy Drive, between Warner Road and Elliot Road, offering excellent visibility and the opportunity for prominent monument signage. The building features ample parking with 648 spaces available for tenants and their guests. This entire space is currently vacant and ready for immediate occupancy. Its strategic location provides convenient access to major transportation arteries, including the I-10 and US-60 Freeways, ensuring seamless commutes for employees and clients. The property is also within close proximity to a variety of business and retail amenities, enhancing convenience and attracting a diverse workforce. The building's 51,217 square feet offers a flexible layout suitable for a wide range of business needs. This is a rare opportunity to secure a substantial, high-profile office space in a thriving Tempe location. The property is located in Maricopa County, Arizona, with a zip code of 85284.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $15,939,574
    6.5%
    $14,713,453
    7%
    $13,662,492
  • Comparable approach

    Method
    Valuation
    Relative Method
    $15,790,355
    Geo Method
    $15,790,355
  • Alternative Use

    Use
    Valuation
    Residential
    $18,244,682
    Hospitality
    $16,712,031
    Educational
    $13,904,213
    Medical
    $14,382,401
    Retail
    $21,628,776
8320 Hardy Dr, Tempe, Arizona

Location Insight

City
Tempe
County
Maricopa
State
Arizona
Latitude
33.3388
Longitude
-111.955
CBSA code
38060
CBSA name
PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$230,915
-
-
$2,586,252
-
$3,566,300
$12,107,957
$15,674,257

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