3738 E Thomas Road Phoenix, AZ
$ 820,000
Property Attributes
  • MLS#6016390
  • TypePending
  • CountyMARICOPA
  • CityPhoenix
  • NeighborhoodCitrus Acres Lots 21-60
  • Zip85018
  • StyleBar,Food Service
  • Year Built1969
  • Taxes11217
  • Price$ 820,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage3703
  • Lot Size0.36 Acres
Listing Provided Courtesy Of:
Tom Henschen And Assoc., Inc
Data Source:
Arizona Regional MLS (ARMLSN)
Property Description

PRICE CHANGE for real estate only. Owner now willing to sell the building and land contingent on buyer leasing back to owner/business owner on agreeable terms. This will be an 8.23 cap off NNN rent and $125 monthly billboard income. Owner has operated this successful bar/restaurant for many years. On a corner with traffic light on highly traversed E. Thomas Rd. Across the street from a very busy Walmart and Home Depot. In last 10 years there has been SIGNIFICANT equipment, building component replacements. Great price and a ready made successful tenant on a hard corner across from MAJOR retail with great traffic counts! It doesn't get better than this!

Price History
12/20/2019 Listed $1,700,000
2/18/2020 6% - $1,600,000
5/25/2020 5% - $1,525,000
2/11/2021 48% - $795,000

General Features

Building Type Commercial
Ceiling Height 10.1 Feet to 12 Feet
Construction Frame - Wood, Stucco
Cooling Central A/C, Office Evap
Electric SRP
Exterior Features Building Sign, Corner Lot, Dual Street Ftg, Pole Sign, Security Camera(s), Security Light(s)
Gas Y/N SW Gas
Heating Gas
Interior Features Alarm System, Finished, Public Restrooms, Security Camera(s), Security Light(s), Security System, Smoke Detector(s)
Map Code/Grid P35
Ownership Fee Simple
Parking Free, Paved Parking, Private Parking
Present Use Bar, Food Service
Property Type D
Roof Built-Up, Comp Shingle, Foam
Sewer Sewer - Public
Status Pending
Stories 1 Story
Subdivision Citrus Acres Lots 21-60
Water City Franchise
Year Built 1969
Zoning C-2

Interior Features

Floors Concrete

Exterior Features

Covered Parking Spcs 0.00
Fencing Chain Link, Partial
Total Parking Spcs 25.00
Uncvrd Parking Spcs 25.00


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 85018

AVG $1.63M
AVG $5,283
AVG 106
Year Built
AVG 1986
AVG 35
Data Provided by Walkscore ® not using MLS data

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