Retail Building Near
8425 S Emerald Dr Tempe, AZ
8425 S Emerald Dr, Tempe, AZ, 00000
Contact for pricing
For Sale
Contact for pricing
5,546 SF retail building with attractive patio and landscaping.
Property Size5,546 SF
Lot Size0.32 Acres
Price / SF$297.51
Days on Market235
Property Features for 8425 S Emerald Dr
General Information
- Standard status
- Active
- Size
- 5,546 SF
- Lot size
- 0.32 Acres
- Property subtype
- RETAIL
Properties For Sale
at 8425 S Emerald Dr Contact us
Listing Agency
Lee & Associates | Phoenix
(602) 954-3748
Listed by
Rick Robertson
Source
Moodyscre
Added: Nov 24, 2025 Checked: Jul 16 at 6:07 am
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 Lee & Associates | Phoenix
Investment Insights
Based on property information with market context.
This is a 5,546 square foot concrete tilt building constructed in 2007. The building is fully air-conditioned and includes two restrooms. There are 18 parking spaces available. The property features attractive landscaping and an outside patio. It is located across the street from IKEA. The current tenant is scheduled to vacate the premises in the 4th quarter of 2025. The 2024 property taxes are $9,325.00. The Emerald Design Center CAM is estimated at $9,925 per year.
Key Highlights
- ±5,546 SF Concrete Tilt Building
- Full Air‑Conditioned
- Attractive Outside Patio
Local Financial Insights For 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 | $99.8k | $18.00 |
| − Vacancy | −$7.5k | −$1.35 |
| EGI | $92.3k | $16.65 |
| − OpEx | −$27.7k | −$5.00 |
| NOI | $64.6k | $11.66 |
5,546 SF · lease $18.00/SF/yr · vacancy 7.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$923.4K
$808.0K – $1.08M
NOI $64,639 @ 7.0% cap · market cap 3.92%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.74M
$1.53M – $2.03M
NOI $122,081 @ 7.0% cap · market cap 7.40%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
The TV Outlet
Electronics & Wireless Store
Adair Homes - East ...
Construction Company
Salt Creek Office ...
Furniture & Home Goods
Similar For Sale Nearby
Similar Off Market Nearby
- Ahwatukee Flowers — 4730 E Warner Rd Suite10, Phoenix, AZ 85044
FAQs
What type of property is this?
Storefront property - 5,546 SF retail building with attractive patio and landscaping.
Where is this storefront property located?
The property is located at 8425 S Emerald Dr Tempe, AZ.
What is the asking price?
The asking price for this property is $1,650,000.
What are key features of this property?
This property features: ±5,546 SF Concrete Tilt Building; Full Air‑Conditioned; Attractive Outside Patio
