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Single-Tenant Vacant-User

Former Circle K - Re-Tenant / Redevelopment Opportunity

802 S Hardy Dr, Tempe, AZ 85281

Listing Price: $1,650,000

Gross SF
2,555
Guarantor
No Guarantee
Rentable SF
2,555
Price/Gross SF
$645.79
Lease Type
Triple Net (NNN)

Investment Overview

Marcus and Millichap is pleased to present for sale a convenience store with exceptional visibility and accessibility in a thriving submarket. The property features a 2,555 square foot building situated on a 14,300 square foot parcel.
Strategically positioned near Downtown Tempe and Arizona State University, the site is adjacent to one of the area’s largest industrial parks. The daytime population within one mile of the subject property is over 56,000 people. Situated on a hard corner, this location sees more than 47,000 vehicles passing through the intersection daily. This location presents an ideal opportunity to buy in the heart of Tempe due to its presence at a high-traffic intersection and surrounding mix of retail, residential, institutional, and industrial developments.

Investment Highlights

  • Former Circle K Convenience Store Available Near Downtown Tempe / ASU
  • Hard Corner Location, Accessible by Over 47,000 Cars per Day at the Intersection of West University Drive and South Hardy Drive
  • Direct Access to Arizona State University via West University Drive (Approximately 55,500 Students Enrolled) - ASU is the Top Employer and Primary Economic Engine in Tempe
  • Situated in a Dense Residential and Commercial Corridor - Daytime Population Exceeds 56,000 People within a One Mile Radius
  • Easy Freeway Access, Less Than Two Miles from Two Major Freeway Systems (Loop 202 and Interstate 10)
  • Situated Three Miles East of Phoenix Sky Harbor International Airport

Exclusively Listed By

Broker of Record

  • Ryan Sarbinoff

    Senior Managing Director, Market Leader - Arizona

    (602) 687-6700

    License(s) AZ: BR675146000

    Arizona

Financing By

Single-Tenant Vacant-User

Former Circle K - Re-Tenant / Redevelopment Opportunity

Listing Price: $1,650,000

Gross SF
2,555
Guarantor
No Guarantee
Rentable SF
2,555
Price/Gross SF
$645.79
Lease Type
Triple Net (NNN)

Investment Highlights

  • Former Circle K Convenience Store Available Near Downtown Tempe / ASU
  • Hard Corner Location, Accessible by Over 47,000 Cars per Day at the Intersection of West University Drive and South Hardy Drive
  • Direct Access to Arizona State University via West University Drive (Approximately 55,500 Students Enrolled) - ASU is the Top Employer and Primary Economic Engine in Tempe
  • Situated in a Dense Residential and Commercial Corridor - Daytime Population Exceeds 56,000 People within a One Mile Radius
  • Easy Freeway Access, Less Than Two Miles from Two Major Freeway Systems (Loop 202 and Interstate 10)
  • Situated Three Miles East of Phoenix Sky Harbor International Airport

Investment Overview

Marcus and Millichap is pleased to present for sale a convenience store with exceptional visibility and accessibility in a thriving submarket. The property features a 2,555 square foot building situated on a 14,300 square foot parcel. Strategically positioned near Downtown Tempe and Arizona State University, the site is adjacent to one of the area’s largest industrial parks. The daytime population within one mile of the subject property is over 56,000 people. Situated on a hard corner, this location sees more than 47,000 vehicles passing through the intersection daily. This location presents an ideal opportunity to buy in the heart of Tempe due to its presence at a high-traffic intersection and surrounding mix of retail, residential, institutional, and industrial developments.

Exclusively Listed By

Broker of Record

  • Ryan Sarbinoff

    Senior Managing Director, Market Leader - Arizona

    (602) 687-6700

    License(s): AZ: BR675146000

    Arizona

Financing By

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