342 Thomas Rd Phoenix, AZ 85012-3202
- Office buildings
- 1,615 SF
- 0.17 lot acres
May 21, 2021
Current Use by Public Records
- The Cultural Cup Food Bank / Food Bank / Non-Profit Organization
Property Details for 342 Thomas Rd
- Year built
- 1965
- Construction
- CONCRETE
- Lot size
- 0.17 lot acres
- Property size
- 1,615 SF
- Zone code
- R-5
- Property type
- Office buildings
- APN
- 118-21-069
- APU
- 11821069
Description
This exceptional 1,667 square foot single-tenant office building is ideally situated in Phoenix's Midtown submarket, at 342 E Thomas Road, near the intersection of 7th Street and Thomas Road. Built in 1965 and extensively renovated in 2023, this Class B property offers a unique blend of traditional and creative office space, perfect for a variety of businesses. The building features an open wood truss ceiling, a dedicated break area, and a restroom. Abundant natural light floods the space, creating a bright and inviting atmosphere. The property is highly customizable, allowing tenants to tailor the space to their specific needs. Convenient pull-up parking is readily available, and prominent building signage on Thomas Road ensures excellent visibility. The zoning is R-5,CO. The building boasts approximately 2.4 parking spaces per 1,000 square feet. A new restaurant is slated to open on-site soon, adding further convenience and amenity value. This one-story building presents a fantastic opportunity for businesses seeking a modern, well-located office space in a thriving Phoenix neighborhood. The entire 1,667 square feet is currently vacant and ready for immediate occupancy.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Phoenix
- County
- Maricopa
- State
- Arizona
- Longitude
- -112.068
- Latitude
- 33.4805
- CBSA code
- 38060
- CBSA name
- PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA
