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7723 W Thomas Rd
Phoenix, AZ 85033
Bank of America Ground Lease - Low Rent · Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • 6 Years Remaining on Absolute Triple-Net (NNN) Ground Lease - $200M+ in Deposits
  • Highly-Populated Phoenix Trade Area - 409,907 Residents within a 5-Mile Radius
  • Outparcel to Desert Sky Mall, a Regional Shopping Mall with ±130 Stores
  • Rent Increases Occurring Every 5 Years - Only One Renewal Option Remaining
  • Subject Property is Ranked #1 Out of 98 Bank of America Locations in Arizona (Placer.ai)
  • Situated Near the Corner of Thomas Road and North 75th Avenue, Accessible by ±93,800 Cars per Day

PROPERTY FACTS

Property Type
Retail
Property Subtype
Bank
Building Size
4,240 SF
Building Class
B
Year Built
1982
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
1.45 AC
Zoning
C-R - Commercial

AMENITIES

  • Banking
  • Drive Thru

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
102-38-001L
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$176,890
  • Listing ID: 38174516

  • Date on Market: 10/22/2025

  • Last Updated:

  • Address: 7723 W Thomas Rd, Phoenix, AZ 85033

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