7910 Thomas RdPhoenix, AZ 85033

Property Details for 7910 Thomas Rd

Year built

2008

Construction

CONCRETE

Lot size

2.18 AC

Property size (Sq ft)

18,455 SF

Zone code

C-2

Property type

Strip malls

Property subtype

Neighborhood centers

APN

102-22-006X

APU

10222006X

Description

Desert Sky Station presents a prime retail opportunity in the West Phoenix/Maryvale Ret submarket of Maricopa County. This entire 5,882 square foot building is currently available for lease, offering a blank canvas for a discerning tenant. The property is classified as street retail, providing excellent visibility and accessibility for customers. The multiple tenancy designation suggests flexibility in layout and potential for subdivision, though the entire space is currently available as a single unit. This presents a unique chance to establish a significant presence in a growing area. The building's size offers ample room for a variety of retail concepts, from large-format stores to smaller businesses seeking expansion. Its location within the West Phoenix/Maryvale Ret submarket provides access to a substantial customer base. The property's vacant status allows for immediate occupancy and customization to perfectly suit the tenant's needs and vision. Interested parties are encouraged to inquire further to explore the possibilities this exceptional retail space offers. This is an unparalleled opportunity to secure a prominent location in a thriving commercial area. The property's size and location make it ideal for a variety of retail uses, offering significant potential for growth and success. Serious inquiries only.

• CAP approach

  CAP return

  Valuation

  6%

  $5,011,340

  6.5%

  $4,625,850

  7%

  $4,295,440

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,958,630

  Geo Method

  $2,958,630

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $8,967,960

  Mixed-Use / Specialty

  $4,630,740

  Hospitality / Lodging

  $3,425,260

  Office

  $4,625,490

  Institutional / Educational

  $4,821,740

  Residential Income

  $5,641,440

  Multifamily

  $6,647,520

  Automotive / Energy

  $4,132,920

  Parking / Income-Based Land

  $1,405,100

  Restaurant / Food Service

  $2,454,110

  Healthcare / Senior Housing

  $4,726,810

Location Insight

City

Phoenix

County

Maricopa

State

Arizona

Latitude

33.4806

Longitude

-112.228

CBSA code

38060

CBSA name

PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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