Staff Reports | Digital Free Press
Cushman & Wakefield brokered the $11 million sale of a 56,240-square-foot flex office property in Tempe found at 8123 S. Hardy Drive.
The single-story building will soon be fully vacant following the departure of its single tenant, officials at Cushman & Wakefield report.
The seller was 7172 South Airport Road, LLC and the buyer was RSE Capital Partners, LLC, meanwhile Cushman & Wakefield’s Eric Wichterman, Mike Coover, Brad Anderson, and Mike Strittmatter brokered the transaction.
“The building’s large floor plate, 29-foot clear height, expansive 7:1,000 parking ratio and excellent freeway accessibility create a prime opportunity whether it be for use as a flex office building or a conversion to industrial,” said Eric Wichterman of Cushman & Wakefield.
The property is within close proximity to Interstate 10 and near the Phoenix Sky Harbor International Airport.