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Freestanding Hard Corner Retail Building
For Lease
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1617 E Thomas Rd, Phoenix, AZ 85016

Freestanding retail building on a hard corner with easy access to SR-51 and proximity to Phoenix Childrens Hospital.

Space Size5,000 SF
Days on Market67

Property Features for 1617 E Thomas Rd

General Information

Standard status Active
Size 5,000 SF
Property subtype RETAIL

Additional Details

Highway Access Yes

Spaces For Lease

at 1617 E Thomas Rd Contact us

1617 E Thomas Rd

Floor
1
Size
5,000 SF
Type
RETAIL
Rate
Contact for pricing
Availability
AVAILABLE, Now
Sublease
No
- Prime Hard Corner Freestanding Building - Located in the heart of Phoenix with...
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Listing Agency: LevRose Commercial Real Estate
Listed By: Danielle Davis · License #SA556961000
Source: Moodyscre
Added: Jul 2 Changed: Sep 5 Last Checked: Sep 5 at 4:05PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of LevRose Commercial Real Estate

Investment Insights

Based on property information with market context.

This freestanding retail building is positioned on a hard corner and offers a straightforward retail configuration for occupancy. The property is described as being located in the heart of Phoenix, with access highlighted for driving convenience.

The location provides direct proximity to Phoenix Childrens Hospital and easy access to SR-51. The surrounding area is noted for supporting a strong daytime population driven by nearby medical and employment hubs.

The offering is being presented as retail space for lease. Based on the information provided, prospective tenants and brokers should confirm all specific interior improvements, suite configuration, and any leasing terms directly with the listing team.

Key Highlights

  • Freestanding retail building on a hard corner
  • Direct proximity to Phoenix Children’s Hospital
  • Easy access to SR‑51

Property Analytics

Current Use

TitleMax Title Loans Loan Service

Suggested Use

Top Pick Dental Office (Bike/Boat/Book/etc) Store Locksmith Grocery & Convenience Store Carpet & Flooring Store Florist

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,974
Businesses Nearby

Demographics for 85016, AZ

37,326
Population
21,363
Households
1.7
Avg Household Size
38
Median Age
50%
College-Educated
94%
High-School Grad
8.2 sq mi
ZIP Area
4,552
Density / Sq Mi
$85,085
Median Household Income
$53,781
Median Earnings
$1,575
Median Rent
$508,400
Median Home Value

Market

Lease Benchmarks for Phoenix, AZ

$16.74 /SF/Yr
Avg Asking Price
$1.13–$32 /SF/Yr
Price Range
6,597 SF
Avg Space Size

Vacancy Rate% for Retail in Phoenix, AZ

8.5% 2019
8.7% 2020
7.4% 2021
5.6% 2022
5.1% 2023
5.4% 2024
5.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Freestanding retail building on a hard corner with easy access to SR-51 and proximity to Phoenix Childrens Hospital.
Where is this retail space located?
The property is located at 1617 E Thomas Rd Phoenix, AZ.
What are key features of this property?
This property features: Freestanding retail building on a hard corner; Direct proximity to Phoenix Children’s Hospital; Easy access to SR‑51
(480) 329-7734 Call to check price and availability
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