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Retail Space Near Phoenix Hospital
For Lease
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2322 E Thomas Rd, Phoenix, AZ 85016

Retail space available in a high-traffic Phoenix location.

Space Size1,750 SF
Property Size4,485 SF
Days on Market288

Property Features for 2322 E Thomas Rd

General Information

Standard status Active
Size 1,750 SF
Property subtype Retail

Building Details

Building Size 4,485 SF

Spaces For Lease

at 2322 E Thomas Rd Contact us

LAST VACANCY

Size
1,750 SF
Type
Restaurant
Term
Negotiable
Rate
Contact for pricing
Contact us
Listing Agency: Western Retail Advisors, LLC
Listed By: Jason Fessinger · License #BR527561000
Source: W-retail
Added: Nov 24, 2025 Changed: Sep 7 Last Checked: Sep 8 at 5:57AM

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 Western Retail Advisors, LLC

Investment Insights

Based on property information with market context.

This retail space, comprising 1,750 square feet, is situated in a heavily trafficked infill location. The property is in close proximity to Phoenix Children’s Hospital and offers unobstructed views to Thomas Road. It is suitable for retail purposes.

Key Highlights

  • Close proximity to Phoenix Children’s Hospital
  • Fantastic infill location
  • Heavily trafficked area

Property Analytics

Current Use

Dunkin' Bakery Peter Piper Pizza ... Restaurant Phoenix Title Title Company Peter Piper Express Restaurant Transformation cuts Barber Shop

Suggested Use

Top Pick Dental Office Nail Salon Spa & Massage Center Real Estate Agency Skin Care Clinic Law Firm

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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

575
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

$17.84 /SF/Yr
Avg Asking Price
$1.19–$32 /SF/Yr
Price Range
6,213 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 - Retail space available in a high-traffic Phoenix location.
Where is this retail space located?
The property is located at 2322 E Thomas Rd Phoenix, AZ.
What are key features of this property?
This property features: Close proximity to Phoenix Children’s Hospital; Fantastic infill location; Heavily trafficked area
More about this property
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