Retail Space Near ASU
For Lease
Contact for pricing
5161 W Thunderbird Rd, Glendale, AZ 85304
Retail space near Arizona State University's West Campus.
Space Size6,707 SF
Days on Market319
Property Features for 5161 W Thunderbird Rd
General Information
Standard status
Active
Size
6,707 SF
Property subtype
RETAIL
Spaces For Lease
at 5161 W Thunderbird Rd
5161 W Thunderbird Rd
AVAILABLE, Now
Size
6,707 SF
Type
RETAIL
Rate
Contact for pricing
Sublease
No
6,707 SF Freestanding Restaurant Available for Lease, Ground Lease or Sale on ±0.82 Acres.
Conveniently located near major highways, this prime Glendale location provides easy access to a vibrant culinary landscape, making it an enticing destination for food enthusiasts and discerning professionals alike.
Adjacent to Arizona State University’s West Campus with ±5,000 students and ±900 employees.
Close Proximity to Banner Thunderbird Medical Center - 4th Largest Hospital in the Phoenix Metro area.
Nearly 62K Vehicles Per Day at the Intersection of 51st Ave & Thunderbird Rd
*DND Operating Tenant*
Contact us
Listing Agency:
Western Retail Advisors, LLC
(602) 778-3747
Listed By:
Bryan Babits · License #SA628527000
(602) 931-4491
Source:
Moodyscre
Added: Nov 25, 2025
Changed: Oct 7
Last Checked: Oct 9 at 7:41PM
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 is located near Arizona State University’s West Campus, which has approximately 4,929 students and 898 employees. It is also in close proximity to Banner Thunderbird Hospital, which recently completed a $250 million improvement project and employs 3,000 people. The property is situated within a dense employment corridor that includes over 10,000 businesses and 176,000 daytime employees within a 5-mile radius. The average household income within a 3-mile radius exceeds $78,000. The location benefits from approximately 50,000 cars per day passing through the intersection. The property provides full ingress and egress. The property size is 6,707 square feet.
Key Highlights
- High traffic location: Approximately 50,000 cars per day.
- Dense employment corridor: Over 10,000 businesses and 176,000 daytime employees within 5‑miles.
- Proximity to Arizona State University's West Campus with ±4,929 students and ±898 employees.
Property Analytics
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
1,498
Businesses Nearby
Explore this area
Business Placement
Demographics for 85304, AZ
28,125
Population
10,547
Households
2.7
Avg Household Size
39
Median Age
24%
College-Educated
90%
High-School Grad
5.5 sq mi
ZIP Area
5,114
Density / Sq Mi
$82,976
Median Household Income
$42,805
Median Earnings
$1,401
Median Rent
$345,400
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Lease Benchmarks for Glendale, AZ
$18.22 /SF/Yr
Avg Asking Price
$12–$28 /SF/Yr
Price Range
8,964 SF
Avg Space Size
Vacancy Rate% for Retail in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Retail space near Arizona State University's West Campus.
Where is this retail space located?
The property is located at 5161 W Thunderbird Rd Glendale, AZ.
What are key features of this property?
This property features: High traffic location: Approximately 50,000 cars per day.; Dense employment corridor: Over 10,000 businesses and 176,000 daytime employees within 5‑miles.; Proximity to Arizona State University's West Campus with ±4,929 students and ±898 employees.
