Listing Agency: CBRE | Phoenix j***@cbre.com Show Phone

Listed By: Joe Pequeno Show Phone

Source: Cbre

Added: Dec 3, 2025 Changed: Jul 6 Last Checked: Jul 30 at 3:29AM

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Investment Insights

Based on property information with market context.

This freestanding retail building offers approximately 10,747 square feet of space on a lot of approximately 0.43 acres. The property is located directly on Thomas Road, providing 176 feet of street frontage and two curb cuts for convenient access.

Key Highlights

• Freestanding retail building offering independence and flexibility
• High visibility location directly on Thomas Road
• Significant 176' street frontage enhancing exposure

Property Analytics

Property Profile

Current Use

Children’s Dental Land Dental Office

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Hair Salon Spa & Massage Center Nail Salon

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

$2.25 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

902

Businesses Nearby

Explore this area Business Placement

Demographics for 85018, AZ

37,944

Population

19,487

Households

1.9

Avg Household Size

40

Median Age

57%

College-Educated

92%

High-School Grad

15.1 sq mi

ZIP Area

2,513

Density / Sq Mi

$87,637

Median Household Income

$58,555

Median Earnings

$1,411

Median Rent

$805,800

Median Home Value

Market

Lease Benchmarks for Phoenix, AZ

$16.83 /SF/Yr

Avg Asking Price

$0.69–$50 /SF/Yr

Price Range

10,319 SF

Avg Space Size

This space is priced 11% below the average of $16.83 /SF/Yr.

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

Questions? Ask Rey

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What type of property is this? Where is this retail space located? What is the lease rate? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Retail space - Freestanding retail building with street frontage and easy access.

Where is this retail space located?

The property is located at 3722 East Thomas Road Phoenix, AZ.

What is the lease rate?

The lease rate is $15 SF/Yr.

What are key features of this property?

This property features: Freestanding retail building offering independence and flexibility; High visibility location directly on Thomas Road; Significant 176' street frontage enhancing exposure