802 Hardy Dr Tempe, AZ 85281-3408
- Grocery and convenience stores
- 2,555 SF
- 0.33 lot acres
May 04, 2020
Current Use by Public Records
- 24/7 Convenience Store / Convenience Store
- Ultron ATM / Atm
- Circle K / Convenience Store / Atm
Property Details for 802 Hardy Dr
- Year built
- 1960
- Construction
- CONCRETE
- Lot size
- 0.33 lot acres
- Property size
- 2,555 SF
- Zone code
- CSS
- Property type
- Grocery and convenience stores
- APN
- 124-61-022B
- APU
- 12461022B
Description
This exceptional freestanding retail property, located at 802 S Hardy Dr in Tempe, Arizona, offers 2,555 square feet of space on a sizable 14,293 square foot lot (APN: 124-61-022B, Maricopa County). The building is available for lease or ground lease and boasts a highly visible hard corner location at a signalized intersection, providing excellent exposure to a substantial daily traffic volume. Its strategic location offers easy access to Loop 202 and SR143, placing it within convenient reach of a large customer base. The property benefits from monument signage opportunities, enhancing its visibility and brand recognition. The surrounding area is characterized by a high daytime population, with approximately 461,000 people residing within a 5-mile radius. This prime location is further enhanced by its proximity to Arizona State University's main campus, Whole Foods Market, and Centerpoint on Mill, ensuring high foot traffic and strong consumer demographics. The property is zoned CSS (Commercial Shopping and Services), making it ideal for a variety of retail uses. This is a rare opportunity to secure a well-positioned retail space in a thriving Tempe market.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $825,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $590,000
- 6.5%
- $545,000
- 7%
- $505,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $698,000
- AI Estimate
- $650,000
Market price range: $698k - $2.13MMarket price range: $650k - $2.09M
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Location Insight
- Map
- Local Demand
- City
- Tempe
- County
- Maricopa
- State
- Arizona
- Longitude
- -111.953
- Latitude
- 33.4216
- CBSA code
- 38060
- CBSA name
- PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA