Warner Crossing Business Park - 8440 South Hardy Drive

Off-Market

8440 South Hardy Drive, Tempe, AZ 85284

This property is off-market. Unlock in-depth property data and market insights by signing up to CommercialEdge.

  • Property Type Office - General Office
  • Property Size 74,819 SF
  • Lot Size 18.14 Acre
  • Parking Spaces Avail. 396
  • Parking Ratio 5.30 / 1,000 SF
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 1996

Contacts

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Owner

  • True Owner
  • Registered Owner

Tenants

Suite Name Tenant Leased
Space		 Rent Price Lease
Type		 Space
Type		 Lease Term
370 17th Street #5500 MERRILL, (303) 446-5500 23,824 SF $23/SF/YR Modified
Gross		 General
Office		 11/01/2014-
N/A
370 17th Street
#6000		 Morrison & Foerster,
(303) 592-1500		 10,710 SF $26/SF/YR Full
Service		 General
Office		 08/01/2013-
07/31/2023
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Documents

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Sales

  • Purchase Date 14 Nov, 2022
  • Purchase Price
  • Arm's Length True
  • Buyer Name

Market Trends

Average Actual Rents in Tempe

Average rents use actual signed leases, aggregated for your specific search area and asset type with Yardi Market Insight. Be confident your price is competitive, with CommercialEdge.

Current Average Rent
Net Rent
$44.3/SF/YR
Recoverables Show detailsHide details
$16.7/SF/YR
CAM
$3.54/SF/YR
Insurance
$0.59/SF/YR
Taxes
$9.52/SF/YR
Utilities
$1.76/SF/YR
Management Fees
$1.3/SF/YR
Total Rent
$61/SF/YR
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Occupancy & Leasing Activity
Occupancy
83.5%
Lease Spread
-20.5%
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Asking Rents in Tempe Office Market

Office rental rates are based on aggregated data of asking rates.

  • 2022 Avg. Asking Rent $27.62
  • 2022 Office Vacancy Rate 17.50%
  • 2022 Office Completions (SF) 739,253

Tempe Office Sales Trends

All sale prices are based on publicly recorded, verified sales.

  • 2022 Avg. Price per SF $188.17
  • Y-o-Y Avg. PpSF Change -22.32%
  • 2022 Office Sales Volume $194.2M
  • 2022 Number of Transactions 22
View more Tempe market trends

Location

Getting Around

  • Walk Score ®

    37/100 Car-Dependent

  • Transit Score ®

    38/100 Some Transit

  • Bike Score ®

    60/100 Bikeable
Powered by Walk Score ®
  • City Tempe, AZ
  • Neighborhood Sandahl
  • Zip Code 85284
  • Market Phoenix

Points of Interest

  • Desert Breeze Rail Station

    2.53 miles

  • Blue Star Transportation

    4.03 miles

  • College Ave / Apache Blvd

    5.53 miles

  • McAllister Ave / Apache Blvd

    5.62 miles

  • Rural Rd / Apache Blvd

    5.69 miles

  • 11th St / Mill Ave

    5.71 miles

  • Dorsey / Apache Bvd

    5.84 miles

  • Dorsey/ Apache Blvd

    5.85 miles

  • 9th St / Mill Ave

    5.90 miles

  • University Dr / Ash Ave

    5.99 miles

  • Circle K

    0.51 miles

  • 7-Eleven

    0.60 miles

  • Costco Gasoline

    0.81 miles

  • QuikTrip

    0.92 miles

  • Chevron

    1.05 miles

  • Circle K

    1.67 miles

  • Sam's Club Gas Station

    1.76 miles

  • Valero

    1.76 miles

  • Fry’s

    1.88 miles

  • Circle K

    1.93 miles

  • East Parking Lot

    2.17 miles

  • West Parking Lot

    2.26 miles

  • Ranch Circle Park Lot

    2.60 miles

  • Truck Parking

    3.89 miles

  • Love's

    3.95 miles

  • Staff Parking

    4.73 miles

  • South Parking Lot

    5.45 miles

  • Vista Del Sol Residential Parking

    5.46 miles

  • Gammage Auditorium Parking

    5.57 miles

  • North Parking Lot

    5.59 miles

  • Drury Inn

    0.90 miles

  • Extend-a-Suites - Tempe

    1.11 miles

  • Four Points By Sheraton Phoenix South

    1.33 miles

  • Quality Inn Phoenix Airport

    1.45 miles

  • Sonesta Select Phoenix Chandler

    1.54 miles

  • Extended Stay America - Phoenix - Chandler

    1.70 miles

  • Quality Inn

    2.15 miles

  • Hampton Inn Phoenix/Chandler

    2.20 miles

  • Holiday Inn Express Chandler - Phoenix

    2.21 miles

  • Hawthorn Suites

    2.21 miles

  • AZ Sandwich Co. & Catering

    0.31 miles

  • The Tilted Kilt

    0.40 miles

  • Port of Subs

    0.40 miles

  • Dunkin'

    0.41 miles

  • Forefathers Gourmet Cheesesteak & Fries

    0.43 miles

  • Tilted Kilt

    0.61 miles

  • The Habit Burger Grill

    0.65 miles

  • BBQ Island - Tempe

    0.71 miles

  • Panera Bread

    0.72 miles

  • Original Chop Shop

    0.72 miles

  • Lamson College

    0.82 miles

  • Kyrene de las Manitas

    0.92 miles

  • Kyrene de las Manitas School

    0.92 miles

  • Charter For Excellence School

    1.27 miles

  • Kyrene de la Mariposa

    1.27 miles

  • Kyrene De La Mariposa School

    1.30 miles

  • Valley Christian High School

    1.63 miles

  • Ahwatukee Foothills Preparatory School

    1.69 miles

  • Corona del Sol High School

    1.79 miles

  • South Mountain Community College Guadalupe Center

    1.82 miles

  • A Step Ahead Childcare & Preschool

    3.07 miles

  • Inspire Kids Montessori

    3.24 miles

  • Sunrise Preschool Tempe

    3.41 miles

  • Bright Horizons

    3.44 miles

  • Mill Avenue Preschool

    3.47 miles

  • Family of Christ Child Development Center

    3.74 miles

  • Little Rascals Learning Center

    3.89 miles

  • Little Rascals Learning Center

    3.99 miles

  • Tutor Time

    4.57 miles

  • Bridges Preschool

    4.66 miles

Frequently Asked Questions

What is the total square footage of Warner Crossing Business Park - 8440 South Hardy Drive?

Warner Crossing Business Park - 8440 South Hardy Drive totals 74,819 square feet.

When was this property built?

Warner Crossing Business Park - 8440 South Hardy Drive was built in 1996.

When was Warner Crossing Business Park - 8440 South Hardy Drive last sold?

Warner Crossing Business Park - 8440 South Hardy Drive was last sold on 14 Nov, 2022.

What is the property tax for Warner Crossing Business Park - 8440 South Hardy Drive?

The property tax for Warner Crossing Business Park - 8440 South Hardy Drive in 2022 was $371,411.

What is the market value for Warner Crossing Business Park - 8440 South Hardy Drive?

The market value* for Warner Crossing Business Park - 8440 South Hardy Drive in 2022 was $19,744,400.
*This represents the market value determined by the appropriate local tax/financial authority, and not the latest sale price or current market value based on recent sales.

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