8320 Hardy DrTempe, AZ 85284

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 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.

• 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

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

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