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2737 W Thunderbird Rd
Phoenix, AZ 85053

$6,400,000 USD

Freestanding For Sale  •  18,721 SF

Property Details

  • Property Type Freestanding
  • Total Building Size 18,721 SF
  • Lot Size 3.46 AC
  • Building Class B
  • Year Built 2007
  • Cap Rate 6.19 %
  • Tenancy Multiple
  • Zoning C-2, Phoenix
37 Transit Score
57 Walk Score

Highlights

Developable Pad Opportunity: Best Buy Shops features a developable outparcel opportunity on the north side of the parcel, valued at $1,200,000.
Strong Shadow Anchors: Subject Property is shadow anchored by Best Buy on the east side of the center, and Lowe’s Home Improvement is on the west side
Value-Add Potential: Best Buy Shops offers significant value-add potential through the ability to lease ±3,900 SF of vacant space (20.83% of GLA), whi
Jamba Juice Drive-Thru: Jamba Juice recently extended their lease for another 10 years, proving long-term commitment to the site and they were also ju
Strong Traffic Counts: Best Buy Shops is subject to very high traffic counts with over ±51,000 VPD crossing Thunderbird Road and over ±214,900 VPD cro
Excellent Demographics: There is a population of 411,302 residents earning an average household income of $81,077 within a 5-mile radius of the site.
Cap Rate: 6.19 %

Amenities

  • Dedicated Turn Lane
  • Freeway Visibility
  • Pylon Sign
  • Restaurant
  • Signalized Intersection
  • Monument Signage

Public Transportation

AirportDriveWalkDistance
Phoenix Sky Harbor International 21 min - 18.3 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 176
Type: Surface
Included in Rent: Yes
Cade Southerland 817-807-8612 Matthews Real Estate Investment Services
Cade Southerland 817-807-8612 Matthews Real Estate Investment Services