Financial
Distress signals
Property profile

8140 S Hardy Dr Tempe, AZ 85284

FOR LEASE
Office buildings
Property ID
US07-0950774
61,716 SF 7.03 ac lot Built 1997
Last sale Dec 2023 · $9,000,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. Free & Clear No active or open recorded mortgage detected.
Saved · see the list in your Dashboard
Market Trends Soon
8140 S Hardy Dr, Tempe, AZ 85284 For Lease
$17 SF/Yr 61,997 SF available
8140 S Hardy Dr, Tempe, AZ 85284
View Listing

Property summary

AI-generated overview

This exceptional 61,997-square-foot single-tenant industrial flex space is available for lease in Tempe, Arizona. Located at 8140 S Hardy Dr, zip code 85284, this property offers ample space for a variety of business operations. The building's total square footage is 61,997 square feet, all of which is currently vacant and ready for immediate occupancy. The property is classified as industrial with a flex subtype, suggesting a versatile layout suitable for both manufacturing and office uses.

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$139k
Tax billed · 2023
Assessed value · 2024$1.51M
Effective rate9.21%

Value estimate

· Sep 2026
$10.97M
$9.87M – $12.07M
CAP approach$18.11M
Sales comparison$17.37M

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$233/SF
ZIP average, outlier-cleaned · 39 recorded sales of this use type
Observed band · Q1–Q3$106 – $371
Qualifying comparables5

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
GID
General Industrial District is designed to provide, office uses, warehousing, wholesaling, assembling and manufacturing of building mater...
General categoryINDUSTRIAL
JurisdictionMARICOPA

Location intelligence

Which uses thrive at this corner?
Best fit: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility13.9
Garden Center12.4
Daycare Center10.8

Location

8140 S Hardy Dr Tempe, AZ 85284
County assessor Recorded deeds · 2 transfers 5 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
8312 Hardy, Tempe, AZ 85284-2006 $14,400,000 Nov 2024 75,280 SF
1120 Warner, Tempe, AZ 85284-2816 $34,500,000 Jul 2023 50,713 SF
8160 Hardy, Tempe, AZ 85284-1117 $13,928,360 Jun 2023 95,070 SF
8440 Hardy, Tempe, AZ 85284-2012 $12,350,000 Nov 2022 149,638 SF
9280 Kyrene, Tempe, AZ 85284-2951 $5,350,000 Jun 2022 31,962 SF
910 Carver, Tempe, AZ 85284-5265 $10,500,000 Feb 2022 99,696 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message