3402 East Thomas Road, Phoenix, AZ 85018

Located in the heart of Central Phoenix's highly sought-after Arcadia trade area, Shops on Thomas benefits from a dense infill location surrounded by established residential neighborhoods, major employment centers, and a strong concentration of national retailers. The Phoenix metropolitan area continues to rank among the nation's fastest-growing markets, driven by sustained population growth, significant corporate investment, and a diversified economic base. Within a five-mile radius of the property, more than 293,000 residents and nearly 687,000 daytime employees support a robust consumer base, while average household incomes exceed $104,000. Further enhancing the area's long-term growth prospects, a planned 320-unit multifamily development nearby is expected to increase housing density and consumer demand, positioning the property to capitalize on continued retail growth within one of Phoenix's most established urban corridors.