Retail Space Near ASU
For Lease
Contact for pricing
5161 W Thunderbird Rd, Glendale, AZ 85306
Retail space near Arizona State University's West Campus.
Space Size6,707 SF
Days on Market306
Property Features for 5161 W Thunderbird Rd
General Information
Standard status
Active
Size
6,707 SF
Class
C
Property subtype
Retail - Restaurant
Building Details
Building Size
6,707 SF
Year Built
1987
Spaces For Lease
at 5161 W Thunderbird Rd Contact us- Size
- 6,707 SF
- Type
- Retail
- Rate
- Contact for pricing
- Availability
- Immediate
- Sublease
- No
- Renewal Option
- Yes
5161
Listing Agency:
Western Retail Advisors
Listed By:
Bryan Babits · License #SA628527000
(602) 931-4491
Source:
Commercialcafe
Added: Nov 25, 2025
Changed: Sep 24
Last Checked: Sep 26 at 4:03AM
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
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 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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Lease Benchmarks for Glendale, AZ
$19.71 /SF/Yr
Avg Asking Price
$12–$28 /SF/Yr
Price Range
9,244 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.
