For Sale
$3,701,592

7910 Thomas RdPhoenix, AZ 85033

Phoenix Retail Investment: 100% Occupancy

Overview

Added:
Dec 11, 2024
Days on market:
116
Desert Sky Station, a thriving retail center in Phoenix, Arizona, presents a compelling investment opportunity. This 18,115 square foot property, built in 2008, sits on a 2.18-acre lot (91,476 square feet) and boasts a 100% occupancy rate, generating a 6.70% capitalization rate. The asking price is $3,701,592, translating to $204.34 per square foot. Located at 7910 W Thomas Rd, 85033, the property benefits from 75 feet of frontage on Thomas Road, ensuring high visibility and accessibility. The center is zoned C-2 by the City of Phoenix and offers ample parking with a ratio of 5.5 spaces per 1,000 square feet. This multi-tenant storefront and shopping center is a well-maintained asset in a high-traffic area, surrounded by a dense residential population in one of the fastest-growing cities in the US. The property's modern design and prime location make it an ideal investment for those seeking strong returns in a dynamic market. The property's APN is 102-22-006X. The lease type is NNN. This exceptional opportunity offers investors a chance to capitalize on Phoenix's continuous population growth and economic expansion, promising long-term value appreciation.

Highlights

  • 18,115 SF modern retail building
  • 2008 construction, contemporary design
  • C-2 zoning, versatile retail uses
  • High-traffic West Phoenix location
  • Spacious layout, adaptable to various retail uses
  • Move-in ready condition

Property Details for 7910 Thomas Rd

Property type
Lifestyle centers, Power centers
Square Feet
18,115 SF
Year Built
2008
Lot Size (sq. ft)
94,961 SF

Location Insight

City
Phoenix
County
Maricopa
State
Arizona
Latitude
33.480665
Longitude
-112.2276437
7910 Thomas Rd, Phoenix, Arizona

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7910 Thomas Rd
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