11070 N 24th Ave, Phoenix, AZ 85029
Two-story standalone office with elevator service and ample parking, suited for office and medical flex users.
- Added:
- Jun 6, 2026
- Days on Market:
- 17
- Last Refresh:
- Jun 20 at 9:28 am
Property Features for 11070 N 24th Ave
General Information
- Standard status
- Active
- Size
- 11,408 SF
- Property subtype
- Office, Mixed Use
Listing agent Reece Ellertson License #SA714750000
Listing office Medical Office Brokers
Listing date Jun 6, 2026
Source Crexi
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Medical Office Brokers
HighLights
- 11,408 SF standalone two‑story office building with a flexible layout for office and flex users
- A‑1 zoning
- Elevator service in the building
- Includes private offices, open work areas, conference rooms, and support spaces
- Abundant on‑site parking
- Convenient access near Interstate 17 and the Metrocenter redevelopment
Overview
The property is located near Interstate 17 and the Metrocenter redevelopment, providing convenient access to major employment and population centers in North Phoenix. It sits within an active corridor and is identified as having A-1 zoning.
With private offices, collaborative work space, and meeting areas, the building can support a variety of tenant types, including office, medical, educational, nonprofit, and professional service and flex users. A-1 zoning and the available space planning flexibility make it a practical fit for organizations looking for a standalone facility with on-site parking and elevator-served accessibility.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $350.5k | $30.72 |
| − Vacancy | −$90.1k | −$7.90 |
| EGI | $260.4k | $22.82 |
| − OpEx | −$65.1k | −$5.71 |
| NOI | $195.3k | $17.12 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Phoenix
- County
- Maricopa
- State
- Arizona
- Longitude
- -112.1121201
- Latitude
- 33.5874969
