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    Mixed-Use Property Near Loop Path Title is generated by Realmo AI

    3702 East Hardy Drive, Tucson, AZ 85716

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    For Sale
    $621,075

    Two buildings totaling 3,549 SF near The Loop path.

    Type:FlexIndustrial
    Property size:
    3,549 SF
    Lot size:
    0.16 Acres
    Price / SF:
    $175/SF
    Added:
    Mar 25, 2026
    Days on Market:
    77
    Last Refresh:
    Mar 18 at 9:07 am

    Property Features for 3702 East Hardy Drive

    General Information

    Standard status
    Active
    Size
    3,549 SF
    Lot size
    0.16 Acres
    Property subtype
    FlexIndustrial

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    Listing Contact
    Jeff Casper
    Jeff Casper

    Listing agent Jeff Casper License #AZSA518757000

    Listing office CBRE - Tucson

    Listing date Mar 25, 2026

    Source Cbre

    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

    • Two Buildings totaling ±3,549 SF on a ±6,842 SF Lot
    • High‑Demand Location with Easy Access to The Loop
    • Flexible Zoning
    • Corner Lot with Private Yard
    • Building 1 Currently Operating as Hello Bicycle Café
    • Walking Distance to Tucson Hop Shop and Ciao Down Pizza

    Overview

    This property features two buildings, with Building 1 offering approximately 2,675 square feet across three floors, and Building 2 providing approximately 874 square feet. The total area of both buildings is approximately 3,549 square feet, situated on a land area of approximately 6,842 square feet. Located at the southeast corner of Hardy Drive and Dodge Boulevard, the property benefits from a high-demand area with convenient access to The Loop walking and biking path. The flexible zoning and corner lot location with a private yard present opportunities for various uses. Building 1 is currently occupied by Hello Bicycle Café on the first floor, while Building 2 houses Hello Bicycle. The location is within walking distance of the Tucson Hop Shop and Ciao Down Pizza. This dynamic location is ideal for a user seeking a shorter commute.

    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
    3,549 SF · lease $14.40/SF/yr · vacancy 5.70% · expense 25.00%

    Alternative Uses

    Best Use
    Specialty Retail
    $516.3K
    $451.8K – $602.4K (±1% cap)
    NOI $36,144 @ 7.0% cap · market cap 5.82%
    Second Best
    Retail
    $481.9K
    $421.7K – $562.3K (±1% cap)
    NOI $33,735 @ 7.0% cap · market cap 5.43%
    Theoretical Best
    Office A
    $921.9K
    $806.7K – $1.08M (±1% cap)
    NOI $64,536 @ 7.0% cap · market cap 10.39%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Hello Cafe Cafe & Coffee Shop Hello Bicycle (Bike/Boat/Book/etc) Store

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • R3D — 2910 e fort lowell rd, tucson, az 85716

    Location Insight

    • Map
    • Local Demand
    City
    Tucson
    County
    Pima
    State
    Arizona
    Longitude
    -110.9140709
    Latitude
    32.2673829

    FAQs

    What type of property is this?
    Flex space - Two buildings totaling 3,549 SF near The Loop path.
    Where is this flex space located?
    The property is located at 3702 East Hardy Drive Tucson, AZ.
    What is the asking price?
    The asking price for this property is $621,075.
    What are key features of this property?
    This property features: Two Buildings totaling ±3,549 SF on a ±6,842 SF Lot; High‑Demand Location with Easy Access to The Loop; Flexible Zoning
    More about this property
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