Share This Listing

Message

962 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the brokers for more information about this property

4338 W Thomas Rd 32,451 SF 71% Leased Retail Building Phoenix, AZ 85031 $1,750,000 ($53.93/SF)

Save this listing!

Favorite this listing to get notified of price updates, new media and more

INVESTMENT HIGHLIGHTS

  • Location: Medical office condo at the northwest corner of 43rd Ave & Thomas Rd
  • Property Type: Part of a four-unit medical condo association, converted from a 28,557 sq. ft. single-tenant retail building.
  • Space Layout: 46% built out for medical office, 13% retail (pharmacy), 40% in shell condition

EXECUTIVE SUMMARY

This offering is a medical office condo located at the northwest corner of 43rd Ave & Thomas Rd. The property is partially built out, with approximately 46% of the space designed for medical office use, 13% allocated to retail (pharmacy space), and the remaining 40% in shell condition, offering flexibility for customization. The condo is
part of a four-unit medical condo association, which was recently established following the conversion of a larger 28,557-square-foot single-tenant retail building. Please note that this sale may be subject to court approval.

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront
Building Size
32,451 SF
Building Class
C
Year Built
1981
Price
$1,750,000
Price Per SF
$53.93
Percent Leased
71%
Tenancy
Multiple
Building Height
1 Story
Loading Docks
1 Exterior
Building FAR
0.25
Lot Size
3.00 AC
Zoning
PSC - Planned Shopping Center, PSC,PCD, Phoenix
Parking
184 Spaces (6.4 Spaces per 1,000 SF Leased)
Frontage
484’ on Thomas

AMENITIES

  • Bus Line
  • Pylon Sign
  • Signage
  • Signalized Intersection

NEARBY MAJOR RETAILERS

Herc Rentals
Fry's Food Stores
Bank of America
Sizzler
The Habit Burger Grill
Bashas'

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
107-43-115
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$21,119
  • Listing ID: 38241624

  • Date on Market: 10/28/2025

  • Last Updated:

  • Address: 4338 W Thomas Rd, Phoenix, AZ 85031

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}