3702 E Hardy Dr, Tucson, AZ 85716
Corner lot with a private yard and two income-producing street-level retail buildings along a popular walking and biking path.
- Added:
- Jun 4, 2026
- Days on Market:
- 8
- Last Refresh:
- Jun 10 at 2:23 am
Property Features for 3702 E Hardy Dr
General Information
- Standard status
- Active
- Size
- 3,549 SF
- Property subtype
- FLEX_R_AND_D
Listing agent Jeff Casper (520) 307-2336
Listing office CBRE | Tucson (520) 307-2336
Listing date Jun 4, 2026
Source Moodyscre
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of CBRE | Tucson
HighLights
- Corner lot with a private yard and two street‑level income‑producing retail buildings
- Building 1 includes Hello Bicycle Cafe9 on the 1st floor
- Building 2 is currently Hello Bicycle
- Easy access to The Loop walking and biking path
- Within walking distance to Tucson Hop Shop and Ciao Down Pizza
- Flexible zoning; do not disturb tenants
Overview
The property is located on E Hardy Dr in Tucson, AZ, in an area described as high-demand with easy access to The Loop walking and biking path. It also sits within walking distance of Tucson Hop Shop and Ciao Down Pizza, supporting day-to-day neighborhood retail activity. Zoning is described as flexible. Please note that tenants are on-site and flexible timing is available, but you must not disturb tenants.
For buyers or operators seeking a retail-oriented purchase, the configuration provides two distinct building opportunities within the same corner-site setting. Existing café and bicycle-related retail use may be relevant for an owner looking to maintain continuity, or for a buyer evaluating retail redevelopment options under flexible zoning. All showings should be coordinated in advance due to active tenant occupancy.
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $51.1k | $14.40 |
| − Vacancy | −$2.9k | −$0.82 |
| EGI | $48.2k | $13.58 |
| − OpEx | −$12.0k | −$3.39 |
| NOI | $36.1k | $10.18 |
Alternative Uses
Current Use by Public Records
Similar Places Nearby
- Circle K — 3155 N Alvernon Way, Tucson, AZ 85712
- Hello Cafe — 3702 E Hardy Dr Suite 2, Tucson, AZ 85716
Location Insight
- Map
- Local Demand
- City
- Tucson
- County
- Pima
- State
- Arizona
- Longitude
- -110.9140709
- Latitude
- 32.2673829
