2425 E. Thomas Rd., Phoenix, AZ 85016

FOR SALE
  • $850,000
  • 136 Days on site
  • Beds: n/a
  • Baths: n/a
  • Commercial Building
  • 10,276 sq ft
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Description

Mixed use retail/office building with C2 zoning ideally located on a hard corner with frontage on one of the highest trafficked (39,000 vehicles per day) sections of Thomas Rd. The building is currently 90% occupied, with existing tenants representing a mixture of retail and office. Cap rate of 7. 8%. Seller will carry, positive cash flow from day 1. The property is one block from the 51 Freeway, 5 minutes from the 202 and I-10 Freeways, and less than 10 minutes from Sky Harbor. Significant development opportunities as it is adjacent to a half acre parcel that may be redeveloped. Click here to learn more about this listing.

  • MLS ID# 5472853
  • Year Built: 1955
  • 136 Days on site
  • Commercial Building
  • Beds: n/a
  • Baths: n/a

Listing Details

Security
Yes
Tax Amount
$7,268
Tax Year
2015
Cooling
Central Air, Central Cooling
Heating
Gas
Security System
Yes

Local Info

Population
39,234
Median Household Income
$45,808
Median Years In Residence
8
Median Homeowner Age
35
Households with Children
43.20%
Percent of Homes Rented
49.01%

Nearby Elementary Schools

2140 E Virginia Ave
2425 N 26th St
2645 E Osborn Rd

Nearby Middle Schools

2140 E Virginia Ave
2425 N 26th St
2645 E Osborn Rd

Nearby High Schools

2645 E Osborn Rd
3738 North 16st St
1830 E Roosevelt St

These are the closest schools to your requested location. Proximity does not guarantee enrollment eligibility. Please consult your real estate agent or school district to confirm the schools you are zoned to attend.

Property Contact Info

Listing Provided By: West Usa Realty
(602) 942-1410
Listing Agent: Thomas Wolf

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