3051 E Thomas Rd

Highlights:

• Freestanding Hard Corner Mixed Use Asset for Sale
• Opportunity for Ground Floor Retail/Office and Second Floor Office/Residential
• Recent Capital Expenditures to both Interior and Exterior Facade
• Exterior Stairwell to Provide Separation and Privacy for Multiple Tenant Situation
• 5 Separate Electrical Meters Providing Opportunity for Multitenancy
• Second Floor Built Out as Residential with 5 bedrooms and 2.5 Bathrooms - Easily Convertible to Office with Common Area Kitchen
• Close Proximity to Arcadia Amenities as well as SR-51, Loop 202, and I-10 Freeways

Description:

SVN Desert Commercial Advisors is pleased to present for sale 3051 East Thomas Road in Phoenix, AZ. This freestanding, 5,259 SF building offers versatile potential for ground floor retail/office and second floor office/residential use. It presents a tremendous opportunity for both occupiers and investors alike. Recent capital expenditures have enhanced both the interior and exterior facade. With 5 separate electrical meters, the property is also ideal for multi-tenant arrangements. The second floor is currently configured as 5 bedrooms and 2.5 bathrooms, easily convertible to office space with a common area kitchen.

The subject property is located on the hard corner of 31st Street and Thomas Road. This location offers an ideal blend of work and play for prospective occupiers and tenants. The area is surrounded by a variety of dining options, including renowned restaurants and lively cafes that cater to a range of tastes. Additionally, the property is within close proximity to popular attractions such as the Phoenix Zoo, the Desert Botanical Garden, and Papago Park, providing ample opportunities for recreation and leisure. The property provides convenient access to major highways and public transportation (SR-51, I-10, and Loop 202). Additionally, with over 300,000 residents located within a 5-mile radius, this stretch of Thomas Road sees over 35,000 vehicles per day.

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