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    5161 W Thunderbird Rd Glendale, AZ 85306

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    For Lease
    $24 SF/Yr ($13,414 /Mo)

    Retail space near Arizona State University's West Campus.

    Property size:
    6,707 SF
    Lot size:
    0.82 Acres

    Property Features for 5161 W Thunderbird Rd

    General Information

    Size
    6,707 SF
    Lot size
    0.82 Acres

    Source: Phoenix Commercial Advisors Agent Zachary Pace

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Space Near ASU West

    This retail space is located near Arizona State University’s West Campus, which has approximately 4,929 students and 898 employees. It is also in close proximity to Banner Thunderbird Hospital, which recently completed a $250 million improvement project and employs 3,000 people. The property is situated within a dense employment corridor that includes over 10,000 businesses and 176,000 daytime employees within a 5-mile radius. The average household income within a 3-mile radius exceeds $78,000. The location benefits from approximately 50,000 cars per day passing through the intersection. The property provides full ingress and egress. The property size is 6,707 square feet.
    Insight Report Location Intelligence

    Current Use by Public Records

    Denny's Diner The Burger Den Delivery Restaurant The Meltdown Restaurant Bearly Awake Networking ... Business Networking Company

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Glendale
    County
    Maricopa
    State
    Arizona
    Longitude
    -112.1707606
    Latitude
    33.6104141

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    FAQs

    What type of property is this?
    Retail space - Retail space near Arizona State University's West Campus.
    Where is this retail space located?
    The property is located at 5161 W Thunderbird Rd Glendale, AZ.
    What is the lease rate?
    The lease rate is $24 SF/Yr.
    What are key features of this property?
    This property features: - High traffic location: Approximately 50,000 cars per day.; - Dense employment corridor: Over 10,000 businesses and 176,000 daytime employees within 5-miles.; - Proximity to Arizona State University's West Campus with ±4,929 students and ±898 employees.
    (602) 920-9212
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    5161 W Thunderbird Rd Glendale, AZ 85306
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5161 W Thunderbird Rd Glendale, AZ 85306
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