3123 E Thomas Rd, Phoenix, AZ 85016
Retail space available for sale, Phoenix, Arizona.
- Added:
- Apr 24, 2024
- Days on Market:
- 804
- Last Refresh:
- Jul 5 at 4:35 am
Property Features for 3123 E Thomas Rd
General Information
- Standard status
- Active
- Size
- 4,485 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1961
Listing office LevRose Commercial Real Estate (480) 294-6016
Listing date Apr 24, 2024
Source Crexi
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 LevRose Commercial Real Estate
HighLights
- Retail space available for sale
- Located in Phoenix, Arizona
- Property is retail
- Property for sale
- Located in Arizona
- Year Built: 1961
Overview
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $80.7k | $18.00 |
| − Vacancy | −$8.3k | −$1.85 |
| EGI | $72.4k | $16.15 |
| − OpEx | −$21.7k | −$4.84 |
| NOI | $50.7k | $11.30 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Phoenix
- County
- Maricopa
- State
- Arizona
- Longitude
- -112.014076
- Latitude
- 33.4801192
