802 S Hardy Dr - Convenience Store FOR SALE


Tempe, AZ 85281- Downtown Tempe
$1,650,000 USD
602-687-6780
802 S Hardy Dr, Tempe, AZ for Sale
$1,650,000 USD
Convenience Store - FOR SALE
1/5
null | Request Cap Rate

802 S Hardy Dr
Tempe, AZ 85281
Downtown Tempe


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 W University Dr (±55,500 Students Enrolled) - ASU is the Top Employer & Primary Economic Engine in Tempe
  • Situated in a Dense Residential and Commercial Corridor - Daytime Population Exceeds 56,000 People within a 1-Mile Radius
  • Easy Freeway Access, Less Than 2 Miles from 2 Major Freeway Systems (Loop 202 and Interstate 10)
  • Situated 3 Miles East of Phoenix Sky Harbor International Airport

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.

FOR SALE DETAILS

PRICE

$1,650,000 USD

PRICE/SF

$646 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Former Circle K - Re-Tenant / Redevelopment

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Convenience Store

ADD'L SUBTYPES

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1960

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.33 AC

LAND SF

14,300 SF

ZONING

CSS

APN/PARCEL ID

124-61-022B

ASK ABOUT THIS PROPERTY

Christopher LindMarcus & MillichapMore Info
602-687-6780

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Christopher LindMarcus & MillichapMore Info
602-687-6780

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.