Property profile

9111 S Hardy Dr Tempe, AZ 85284

FOR LEASE
Industrial properties
Property ID
US07-0541286
3,000 SF 0.97 ac lot Built 1993
Entity Owned 21-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional Tempe industrial property offers a ±0.96-acre lot (42,079 square feet) encompassing two buildings totaling 6,000 square feet. Ideally situated near major freeways—I-10, Loop 101, and Loop 202—this property provides unparalleled access to transportation networks. The site is fully secured with a block wall, ensuring both privacy and security. Zoned GID by the City of Tempe, this versatile property is perfect for a variety of industrial uses. Building 1, approximately 3,000 square feet, features two grade-level doors, a reception area, breakroom, three private offices, storage space, and is fully air-conditioned. Building 2, also approximately 3,000 square feet, offers four grade-level doors and is entirely dedicated to warehouse/shop space with evaporative cooling. The property boasts substantial power: 1,200 amps, 480V, 3-phase (tenant to verify). This single-tenant property presents a unique opportunity for businesses seeking a strategic location and functional space in the thriving Tempe market. The property is ready for immediate occupancy.

Property profile

Verified
Property type Industrial properties
Use group INDUSTRIAL LOFT BUILDING
Year built 1993
Construction STEEL FRAME
Total area 3,000 SF
Lot 0.97 ac (42,079 SF)
Zoning code GID
APN 301-60-003P
UPID US07-0541286

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

9111 S Hardy Dr Tempe, AZ 85284
Tempe metro Census 810000 PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$3.17M
Blend (final) Blend
$80k

Owner & transaction history

since 2005
4 recorded transactions
2005
Price N/A
1991
$90,000
1988
$10,384
1969
Price N/A

Zoning & alternative use

GID · Tempe, AZ
Zoning description

General Industrial District is designed to provide, office uses, warehousing, wholesaling, assembling and manufacturing of building materials, machinery and other commodities to provide employment centers and production.

General category INDUSTRIAL
Top alternative use upside
Auto repair, garage $2.1M +30.0%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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