2425 East Thomas Road Retail
  • Asking Price
    $2MAsking Price
  • Gross Leasable Area
    10,608 SFGross Leasable Area
  • Traffic Count
    38896Traffic Count
  • City
    PhoenixCity
  • State
    AZState
  • Square Feet
    10,608 SFSquare Feet

Description

Thomas Suites is a retail and commercial property for sale at 2425 East Thomas Road in Phoenix, AZ. Its 10,608 SF of gross leasable area sits along Thomas Road, where the traffic count is 38,896 AADT.

The mid-century building has two stories and flexible floor plan options, including private offices, ground-floor entry and plug-and-play capabilities. Those features give an owner-user room to organize customer-facing space and day-to-day operations within the same property. The layout also offers an investor a building with spaces suited to different commercial occupants, rather than a single fixed format. Existing tenants occupy suites on both floors; property tours are to be scheduled without disturbing them.

Thomas Suites sits just east of the southeast corner of 24th Street and Thomas Road, giving the building visibility from a well-traveled route. Biltmore Fashion Park and Phoenix Children’s Hospital are among the nearby landmarks, while Loop 202 appears in the surrounding access area. For businesses serving customers across Phoenix, the combination of street visibility and access to major thoroughfares is central to the property’s position.

The asking price is $1,995,000. For an investor, the sale offers a way to pursue a multi-occupant commercial property whose appeal rests on its flexible layout and Thomas Road exposure. For an owner-user, the private-office configurations and ground-floor entry offer a starting point for planning how the building fits an operating business. Two residential homes directly south are offered separately for purchase and are not part of Thomas Suites. Review the Offering Memorandum in the Offering Materials for the next step.

Offering Summary

  • Asking Price
    $1,995,000
  • Property Type
    Retail
  • Size
    10,608 SF

Documents

Property Address

2425 East Thomas Road
Phoenix, AZ 85016

Property Details

  • Property Type
    Retail
  • Gross Leasable Area
    10,608 SF
  • Traffic Count
    38,896 AADT
  • APN
    20-35-062A, 120-35-063, 120-35-064, 120-35-065

Deal Team

Nick Miner profile image

Nick Miner

Senior Vice President
Orion Real Estate