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Retail Space Near Phoenix Hospital
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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 Market338

Property Features for 2322 E Thomas Rd

General Information

Standard status Active
Size 1,750 SF
Property subtype Retail

Site & Location

Neighborhood Encanto

Building Details

Building Size 4,485 SF

Spaces For Lease

at 2322 E Thomas Rd
LAST VACANCY
Size 1,750 SF
Type Restaurant
Term Negotiable
Rate Contact for pricing
Contact us
Listing Agency: Western Retail Advisors
Listed By: Jason Fessinger · License #BR527561000
Source: W-retail
Added: Nov 24, 2025 Changed: Oct 25 Last Checked: Oct 28 at 6:16AM

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

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

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

Who owns this building? See the owner, sales and loan history
Open 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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Phoenix, AZ

$20.28 /SF/Yr
Avg Asking Price
$2.65–$40 /SF/Yr
Price Range
6,057 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

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
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Includes: Price & PSF · Cap rate · Location · Zoning

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