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NEC 32nd & Thomas 3244 E Thomas St 11,150 SF Vacant Retail Building Phoenix, AZ 85018 $2,230,000 ($200/SF)
INVESTMENT HIGHLIGHTS
- High-Traffic Location: Prime visibility at 32nd Street and Thomas Rd with exposure to 35,600 vehicles per day
- High Growth Submarket: Located in a growing corridor between the Phoenix Sky Harbor Airport and Arcadia/Camelback Corridor
- Dense Urban Demographics: High residential density supports durable demand for neighborhood and service-oriented retail
- Strong Frontage and Access: Thomas Road frontage and prominent monument signage deliver excellent visibility and easy ingress/egress
- Flexible Zoning and Upside: C-2 zoning allows for a wide range of retail uses and future expansion or redevelopment potential
- Lot size and location would be ideal for QSR build-to suit (BTS) redevelopment
EXECUTIVE SUMMARY
3244 E Thomas Rd offers owner/users an exceptional opportunity to acquire a well-positioned retail asset within a highly trafficked submarket. This ±11,150 SF retail property sits on a generous 1.06-acre parcel. With excellent street frontage on Thomas Road, the property benefits from high visibility and robust daily traffic volumes, supporting strong tenant sales and sustained demand.
Constructed in 1973 and zoned C-2, the building features a highly functional layout, ample parking (36 spaces; 3.2/1,000 SF ratio), and prominent monument signage to amplify visibility. Surrounding demographics, proximity to Phoenix Sky Harbor International Airport (12-minute drive), and a favorable Walk Score of 74 support vibrant retail demand.
Property will be delivered vacant.
Constructed in 1973 and zoned C-2, the building features a highly functional layout, ample parking (36 spaces; 3.2/1,000 SF ratio), and prominent monument signage to amplify visibility. Surrounding demographics, proximity to Phoenix Sky Harbor International Airport (12-minute drive), and a favorable Walk Score of 74 support vibrant retail demand.
Property will be delivered vacant.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
11,150 SF
Building Class
C
Year Built
1973
Price
$2,230,000
Price Per SF
$200
Percent Leased
Vacant
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.24
Lot Size
1.06 AC
Zoning
C-2
Parking
36 Spaces (3.23 Spaces per 1,000 SF Leased)
Frontage
158’ on Thomas Rd
AMENITIES
- Monument Signage
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- Arizona Hiking Shack
- Retailer
- -
- -
- -
- Desert Voyagers Hiking Shack
- Educational Services
- -
- -
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| Arizona Hiking Shack | Retailer | - | - | - | ||
| Desert Voyagers Hiking Shack | Educational Services | - | - | - |
Walk Score®
Very Walkable (74)
Bike Score®
Very Bikeable (73)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 127-31-047A | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $171,034 |
PROPERTY TAXES
Parcel Number
127-31-047A
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$171,034
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NEC 32nd & Thomas | 3244 E Thomas St
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