2737 W Thunderbird Rd presents a rare, highly visible ground lease opportunity positioned within the well-established Metro North retail corridor in North Phoenix. Situated between national anchors Best Buy and Lowe’s, the site captures constant shopper traffic and benefits from reliable daily visitation patterns that support peak quick-service restaurant performance. The pad features direct frontage on Thunderbird Road, a major east–west thoroughfare traveled by approximately 51,000 vehicles per day, while Interstate-17, just steps away, adds another 214,900 vehicles per day, giving the site exceptional regional accessibility and brand exposure.
The property’s existing approvals for a drive-thru coffee concept streamline the entitlement process for operators seeking quick deployment. This prior entitlement history significantly reduces development risk and timelines for QSR users, coffee concepts, fast casual brands, and modern convenience-driven food service operators. The surrounding trade area is fueled by more than 411,000 residents within five miles, with an average household income exceeding $81,000, contributing to a robust customer base with strong discretionary spending power.
North Phoenix offers a dynamic combination of stable residential density, strong retail synergy, and high-capacity transportation infrastructure. The area surrounding Metro North blends long-established neighborhoods, growing multifamily communities, and diverse commercial services, generating balanced daytime and evening traffic. Regional amenities include Cactus Park, Greenway High School, retail centers at Metrocenter, and convenient access to downtown Phoenix, Sky Harbor International Airport, and Scottsdale, each within approximately 13–18 miles.
For operators targeting high-traffic, anchored retail pads with proven demand drivers, this site delivers an ideal foundation for a high-performing QSR location supported by strong visibility, established entitlements, and an energized North Phoenix consumer base.
Ahmad Soughar
The Firm RE
