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Retail Space with High Visibility
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501-515 W Thomas Rd, Phoenix, AZ 85013

Divisible retail suites are available with visibility to Thomas Road and ample on-site parking.

Space Size2,880 SF
Days on Market61

Property Features for 501-515 W Thomas Rd

General Information

Standard status Active
Size 2,880 SF
Property subtype RETAIL
Lease Type NNN

Spaces For Lease

at 501-515 W Thomas Rd Contact us

501 - 515 W Thomas Rd $26/SF/Yr

Floor
1
Size
2,880 SF
Type
RETAIL
Lease Type
NNN
Availability
AVAILABLE, Now
Sublease
No
SWC 5th Avenue & Thomas Road Availability 1,440 - 4,320 sf - (divisible) Lease...
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Listing Agency: Avison Young | Phoenix
Listed By: Matt Schrauth · License #SA033269000
Source: Moodyscre
Added: Jul 15 Changed: Aug 20 Last Checked: Sep 12 at 9:39AM

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 Avison Young | Phoenix

Investment Insights

Based on property information with market context.

This for-lease retail space at 501-515 W Thomas Rd offers divisible options ranging from 1,440 to 4,320 square feet, ideal for a variety of in-line retail configurations within the shopping center. The lease rate is listed at $26.00 per square foot on an NNN basis.

The property is described as having great visibility to Thomas Road, positioned at the SWC of 5th Avenue and Thomas Road. It also sits across from St. Joseph Hospital and Barrows Neurological Institute, with parking provided at 6.6 spaces per 1,000 square feet.

Suites can be tailored within the available divisible range, supporting flexibility for tenants seeking a retail location with prominent street exposure.

Key Highlights

  • Retail suites available at SWC 5th Avenue & Thomas Road (divisible 1,440–4,320 SF)
  • Lease rate $26.00/SF, NNN
  • Great visibility to Thomas Road

Property Analytics

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Open Analytics

Current Use

Shopping centers

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Garden Center Locksmith Discount Store Kitchen & Bath Showroom Pet Grooming Service

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

5,221
Businesses Nearby
Balanced
Demand for This Use

Demographics for 85013, AZ

21,970
Population
11,618
Households
1.9
Avg Household Size
38
Median Age
47%
College-Educated
90%
High-School Grad
3.7 sq mi
ZIP Area
5,938
Density / Sq Mi
$68,895
Median Household Income
$53,067
Median Earnings
$1,435
Median Rent
$476,200
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

$21.4 /SF/Yr
Avg Asking Price
$12–$32 /SF/Yr
Price Range
10,942 SF
Avg Space Size

This space is priced 21% above the average of $21.4 /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
Rey
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Frequently Asked Questions

What type of property is this?
Shopping center - Divisible retail suites are available with visibility to Thomas Road and ample on-site parking.
Where is this shopping center located?
The property is located at 501-515 W Thomas Rd Phoenix, AZ.
What is the lease rate?
The lease rate is $26 SF/Yr.
What are key features of this property?
This property features: Retail suites available at SWC 5th Avenue & Thomas Road (divisible 1,440–4,320 SF); Lease rate $26.00/SF, NNN; Great visibility to Thomas Road
(602) 684-6209 Call to check price and availability
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