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3051 E Thomas Rd 5,259 SF Retail Building Phoenix, AZ 85016 $1,200,000 ($228.18/SF)
Executive Summary
Freestanding Hard Corner Mixed Use Asset for Sale
Opportunity for Ground Floor Retail/Office and Second Floor Office/Residential
Recent Capital Expenditures to both Interior and Exterior Facade
Exterior Stairwell to Provide Separation and Privacy for Multiple Tenant Situation
5 Separate Electrical Meters Providing Opportunity for Multitenancy
Second Floor Built Out as Residential with 5 bedrooms and 2.5 Bathrooms - Easily Convertible to Office with Common Area Kitchen
Close Proximity to Arcadia Amenities as well as SR-51, Loop 202, and I-10 Freeways
Opportunity for Ground Floor Retail/Office and Second Floor Office/Residential
Recent Capital Expenditures to both Interior and Exterior Facade
Exterior Stairwell to Provide Separation and Privacy for Multiple Tenant Situation
5 Separate Electrical Meters Providing Opportunity for Multitenancy
Second Floor Built Out as Residential with 5 bedrooms and 2.5 Bathrooms - Easily Convertible to Office with Common Area Kitchen
Close Proximity to Arcadia Amenities as well as SR-51, Loop 202, and I-10 Freeways
Property Facts
Sale Type
Owner User
Property Type
Retail
Property Subtype
Building Size
5,259 SF
Building Class
B
Year Built
1985
Price
$1,200,000
Price Per SF
$228.18
Tenancy
Single
Building Height
2 Stories
Building FAR
0.48
Lot Size
0.25 AC
Zoning
C-2 - Commercial
Parking
12 Spaces (2.28 Spaces per 1,000 SF Leased)
Frontage
60’ on E Thomas RD
Amenities
- 24 Hour Access
- Bus Line
- Corner Lot
- Security System
- Signage
- Tenant Controlled HVAC
- Storage Space
- Air Conditioning
- Smoke Detector
Space Availability
- Space
- Size
- Space Use
- Position
- Available
Freestanding Hard Corner Mixed-Use Asset for Lease Ground Floor Retail/Office Second Floor Office/Residential Recent Capital Expenditures to both Interior & Exterior Facades Exterior Stairwell to Provide Separation & Privacy
| Space | Size | Space Use | Position | Available |
| 1st Floor | 5,259 SF | Office/Retail | - | Now |
1st Floor
| Size |
| 5,259 SF |
| Space Use |
| Office/Retail |
| Position |
| - |
| Available |
| Now |
1st Floor
| Size | 5,259 SF |
| Space Use | Office/Retail |
| Position | - |
| Available | Now |
Freestanding Hard Corner Mixed-Use Asset for Lease Ground Floor Retail/Office Second Floor Office/Residential Recent Capital Expenditures to both Interior & Exterior Facades Exterior Stairwell to Provide Separation & Privacy
Walk Score®
Very Walkable (81)
Nearby Major Retailers
Property Taxes
| Parcel Number | 120-23-002 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $62,619 |
Property Taxes
Parcel Number
120-23-002
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$62,619
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3051 E Thomas Rd
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