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5037 W Thomas Rd 2,894 SF Retail Building Phoenix, AZ 85031 $1,200,000 ($414.65/SF)
Investment Highlights
- Restaurant use with potential to add drive-thru configuration
- Ideal for owner-users
- Dense, established residential and commercial trade area
- Ample on-site parking to support high customer volume
- Business assets available with the sale
- Close proximity to freeway access, enhancing regional connectivity
Executive Summary
This single-story retail property offers outstanding potential for restaurant operators or owner-users seeking strong visibility and high traffic counts in West Phoenix. Measuring roughly 2,894 square feet on a 0.69-acre parcel, the building is currently configured for restaurant use with the ability to incorporate a drive-thru, making it well-suited for fast-casual dining concepts or other high-volume operations.
Property Facts
Sale Type
Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
2,894 SF
Building Class
C
Year Built
1979
Price
$1,200,000
Price Per SF
$414.65
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
0.69 AC
Zoning
C-N
Parking
38 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
118’ on Thomas
Fairly walkable
50/100
Exceptionally drivable
100/100
Some public transit
50/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 103-19-005G | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $79,870 |
Property Taxes
Parcel Number
103-19-005G
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$79,870
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