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Freestanding Restaurant with Drive-Thru
For Lease
$40 SF/Yr

5105 W Thunderbird Rd, Glendale, AZ 85306

Prime corner location near Banner Thunderbird Medical Center and ASU.

Space SizeContact for details
Property Size4,028 SF
Days on Market168

Property Features for 5105 W Thunderbird Rd

General Information

Standard status Active
Size 4,028 SF
Property subtype Retail
Lease Term NNN; Ground

Building Details

Building Size 4,028 SF
Year Built 1984
Listing Agency: NAI Horizon
Listed By: Noe Garcia · License #SA708803000
Source: Naiglobal
Added: Mar 6 Changed: Aug 14 Last Checked: Aug 21 at 5:00AM

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 NAI Horizon

Investment Insights

Based on property information with market context.

Located at 5105 W Thunderbird Rd, this leasing opportunity features a prime hard corner location at a signalized intersection, providing excellent exposure and visibility. The property is a second-generation freestanding restaurant with high traffic counts at the intersection. It has frontage on both Thunderbird Road and 51st Avenue and includes a drive-thru facility. The site is able to be split for two users or the space can be subdivided. Situated near Banner Thunderbird Medical Center, which has approximately 3,000 employees, and across from Arizona State University's West Campus, with approximately 5,000 students and 900 employees, the property is in a strong retail trade area. The area has strong demographics and co-tenancies, with a population of more than 400,000 within 5 miles and more than 380,000 daytime employees within 5 miles. The property is available for lease and ground lease.

Key Highlights

  • Prime hard corner location at a signalized intersection with excellent exposure and visibility.
  • Second‑generation freestanding restaurant with existing drive‑thru available.
  • High traffic counts at the intersection and frontage on both Thunderbird Road and 51st Avenue.

Property Analytics

Current Use

Carl's Jr. Restaurant Redbox Cinema

Suggested Use

Top Pick Real Estate Agency Law Firm Big Box & Wholesale Store Building Supply Auto Parts Store (Bike/Boat/Book/etc) Store

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
$6.00 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

802
Businesses Nearby

Demographics for 85306, AZ

25,663
Population
9,587
Households
2.7
Avg Household Size
38
Median Age
24%
College-Educated
91%
High-School Grad
5.9 sq mi
ZIP Area
4,350
Density / Sq Mi
$82,060
Median Household Income
$41,596
Median Earnings
$1,666
Median Rent
$342,000
Median Home Value

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
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Frequently Asked Questions

What type of property is this?
Drive through restaurant - Prime corner location near Banner Thunderbird Medical Center and ASU.
Where is this drive through restaurant located?
The property is located at 5105 W Thunderbird Rd Glendale, AZ.
What is the lease rate?
The lease rate is $40 SF/Yr.
What are key features of this property?
This property features: Prime hard corner location at a signalized intersection with excellent exposure and visibility.; Second‑generation freestanding restaurant with existing drive‑thru available.; High traffic counts at the intersection and frontage on both Thunderbird Road and 51st Avenue.
More about this property
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