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Retail Space Near ASU West
For Lease
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5161 W Thunderbird Rd, Glendale, AZ

Retail space near Arizona State University's West Campus.

Space Size6,707 SF
Lot Size0.82 Acres
Days on Market273

Property Features for 5161 W Thunderbird Rd

General Information

Standard status Active
Size 6,707 SF
Lot size 0.82 Acres
Property subtype RETAIL

Spaces For Lease

at 5161 W Thunderbird Rd Contact us

5161 W Thunderbird Rd

Size
6,707 SF
Type
RETAIL
Rate
Contact for pricing
Availability
AVAILABLE, Now
Sublease
No
6,707 SF Freestanding Restaurant Available for Lease, Ground Lease or Sale on ±0.82...
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Listing Agency: Western Retail Advisors, LLC
Listed By: Bryan Babits · License #SA630590000
Source: Moodyscre
Added: Nov 25, 2025 Changed: Aug 8 Last Checked: Aug 24 at 2:06PM

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

Current Use

Denny's Restaurant The Burger Den Restaurant The Meltdown Restaurant Bearly Awake Networking ... Business Networking Company

Suggested Use

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

Location Intelligence

Trade Area within ½ mile

1,498
Businesses Nearby

Market

Lease Benchmarks for Glendale, AZ

$14.13 /SF/Yr
Avg Asking Price
$10.5–$16 /SF/Yr
Price Range
7,289 SF
Avg Space Size

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?
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.
(602) 931-4491 Call to check price and availability
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