For Lease
9111 S Hardy Dr
9111 S Hardy Dr, Tempe, AZ
6,000 SF0.96 Acres
Contact for Pricing
Phoenix Industrial Submarket
Tempe Industrial Real Estate
Tempe is a landlocked infill submarket in the geographic center of the Valley, wrapped by the Loop 101, Loop 202, US-60, and I-10. Every industrial building in Tempe competes for the same shrinking pool of space — redevelopment keeps removing stock while central location keeps demand high.
That scarcity makes Tempe one of the strongest ownership markets in metro Phoenix. We have brokered Tempe sales and leases for years and maintain direct relationships with owners across the submarket.
Our track record in Tempe
11+
Transactions Closed
Sales and leases our team has completed in Tempe.
127K SF
Square Feet Transacted
Building square footage across those transactions.
$19M+
Sale Volume
Closed sale consideration in the submarket.
Available Now
Available in Tempe
Active industrial listings our team is currently marketing in the Tempe submarket.
Track Record
Recently closed in Tempe
A sample of the sales and leases we have completed in this submarket.
Sold
731 W Fairmont
731 W Fairmont Dr, Tempe, AZ
28,080 SF1.65 Acres
$5,800,000
Sold
131 S Clark Dr
131 S Clark Dr, Tempe, AZ
14,720 SF1.10 Acres
$3,637,393
Sold
1840 E University Dr
1840 E University Dr, Tempe, AZ
31,426 SF1.92 Acres
$5,000,000
Sold
1825 E 3rd St
1819-1825 E 3rd St, Tempe, AZ
1,056 SF1.82 Acres
$1,610,000
No Photo Available
Leased
1725 W 17th St
1725 W 17th St, Tempe, AZ
11,900 SF1.18 Acres
Confidential
Leased
1825 E 3rd St
1825 E 3rd St, Tempe, AZ
1,000 SF1.32 Acres
Confidential
FAQ
Frequently asked questions
Answers to common questions from industrial owners, buyers, landlords, and tenants in the Phoenix market.
Why is Tempe industrial space so hard to find?+
Tempe is fully built out, and industrial parcels keep converting to multifamily, office, and mixed-use projects. The industrial base shrinks nearly every year while central-Valley demand grows — a structural imbalance that favors owners.
What is Tempe industrial property worth?+
Tempe consistently commands some of the highest industrial pricing in the Valley on a per-square-foot basis. Values depend heavily on parcel size, zoning, and redevelopment potential — we can provide a broker opinion of value from our closed Tempe comps.
Do Tempe industrial buildings sell before they are listed?+
Often, yes. Much of Tempe's deal flow is off-market, driven by direct owner outreach. If you want to buy in Tempe, working with a broker who calls these owners regularly matters more than watching listing sites.
Next Step
Thinking about a move in Tempe?
Whether you are buying, selling, leasing, or just want to know what your building is worth, we can walk you through current pricing and availability in the submarket.