Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    3851-3923 E Thunderbird Rd Phoenix, AZ 85032

    Loading data...
    Loading data...
    Loading data...
    For Lease
    $11 SF/Yr ($1,100 /Mo)

    Retail space with high traffic, near SR-51 and Paradise Valley.

    Property size:
    1,200 SF
    Lot size:
    7.15 Acres

    Property Features for 3851-3923 E Thunderbird Rd

    General Information

    Size
    1,200 SF
    Lot size
    7.15 Acres

    Source: Rein & Grossoehme Agent Jared Lively

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

    Overview

    Retail Space Near Paradise Valley

    This retail space benefits from convenient access to the Scottsdale/North Phoenix submarket and a prime location less than one mile from SR-51 and Paradise Valley Mall. Situated in a dynamic trade area of northeast Phoenix and Scottsdale, the property experiences high traffic counts on Thunderbird Road. A major remodel, completed in 2004 at a cost of $2.2 million, enhances the property. Located in the Paradise Valley submarket, which currently has a 6.83% vacancy rate, the property is in one of Phoenix’s strongest retail submarkets. It is located across from Fry’s Grocery. A 27,000 square foot gym concept is coming soon.
    Location Intelligence

    Current Use by Public Records

    Retail space

    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
    Phoenix
    County
    Maricopa
    State
    Arizona
    Longitude
    -111.998527
    Latitude
    33.611856

    Nearby Similar for Lease

    • $19 SF/Yr
      4,792 SF

      Phoenix Office/Medical Office Building

      Commercial office/medical building with great visibility and secured parking.
      2101 W Bethany Home Rd, Phoenix, AZ 85015
      View Details
    • $2,695 /Mo
      1,360 SF

      Arcadia Townhome with Modern Luxury

      Two-bedroom townhome in Arcadia, built in 2021, spanning 1,360 square feet.
      6115 E Hollyhock St, Phoenix, AZ 85018
      View Details
    • $26 SF/Yr
      1,286 SF

      Phoenix Retail Space For Lease

      Multi-tenant retail property in a dominant Phoenix retail corridor.
      2441 E Indian School Rd, Phoenix, AZ 85016
      View Details
    • Contact for pricing
      4,154 SF

      Retail Space in Market Place

      Retail space available in a vibrant Phoenix shopping center.
      111-217 E Dunlap Ave, Phoenix, AZ 85020
      View Details
    • Contact for pricing
      1,200 SF

      Retail Space in Market Place

      Retail space with high foot traffic near Sunnyslope High.
      17 E Dunlap Ave, Phoenix, AZ 85020
      View Details
    • Contact for pricing
      221,836 SF

      Premier Office Space in Phoenix

      Class A office building in the Camelback Corridor.
      2415 E Camelback Rd, Phoenix, AZ 85016
      View Details

    FAQs

    What type of property is this?
    Retail space - Retail space with high traffic, near SR-51 and Paradise Valley.
    Where is this retail space located?
    The property is located at 3851-3923 E Thunderbird Rd Phoenix, AZ.
    What is the lease rate?
    The lease rate is $11 SF/Yr.
    What are key features of this property?
    This property features: - Prime location less than one mile from SR-51 and Paradise Valley Mall.; - Major remodel completed in 2004 costing $2.2 million.; - Located in the Paradise Valley submarket, which boasts a 6.83% vacancy rate and is one of Phoenix’s strongest retail submarkets.
    (480) 214-9400
    Request Owner's contact information
    3851-3923 E Thunderbird Rd Phoenix, AZ 85032
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    3851-3923 E Thunderbird Rd
    Phoenix, AZ 85032
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    3851-3923 E Thunderbird Rd Phoenix, AZ 85032
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.