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    2401 W Peoria Ave, Unit 315 Phoenix, AZ 85029

    For Lease
    $20 SF/Yr ($8,753 /Mo)

    Functional office space with upscale finishes and convenient location.

    Property size:
    5,252 SF
    Lot size:
    5,252 SF

    Property Features for 2401 W Peoria Ave

    General Information

    Size
    5,252 SF

    Source: Justin Horwitz, SIOR Agent Justin Horwitz, SIOR

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Class A Office Sublease Opportunity

    This sublease opportunity is located within the Desert Canyon 100 Class A office building. The 5,252 SF space features upscale finishes and a functional layout suitable for general office use. The building includes an upscale lobby entrance with a digital directory. The unit is located immediately off the 3rd-floor elevators. The layout includes a reception area, 7 private offices, a huddle room, a copy and file room, a full kitchen and break room, cubicles for 15 people, and a large conference/training room suitable for up to 30 people. The sublease is available through September 2030. Building and monument signage are included in the lease. The property is located near the I-17 Freeway and Peoria Ave, providing access to Downtown Phoenix and Sky Harbor International Airport. The area is surrounded by retail amenities and restaurants. Public transit options are available within walking distance, including a Light Rail station at 25th Ave. between Peoria and Dunlap Aves. Furniture may be included with the sublease. The property is near the redeveloping Metrocenter Mall.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Staylisted Internet Marketing Service Crawford Insurance Agency Money Management International Credit Counseling Service Arizona Medical Association ... Association / Organization Graybar Phoenix Corporate Office

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Building Supply Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Phoenix
    County
    Maricopa
    State
    Arizona
    Longitude
    -112.1088821
    Latitude
    33.5809413

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    FAQs

    What type of property is this?
    Office space - Functional office space with upscale finishes and convenient location.
    Where is this office space located?
    The property is located at 2401 W Peoria Ave, Unit 315 Phoenix, AZ.
    What is the lease rate?
    The lease rate is $20 SF/Yr.
    What are key features of this property?
    This property features: - Below-market rent with a sublease extending to September 2030.; - Direct access to I-17 Freeway and walking distance to a Light Rail station.; - Building and **monument signage included in the lease.**
    (480) 220-2674
    Request Owner's contact information
    2401 W Peoria Ave, Unit 315 Phoenix, AZ 85029
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2401 W Peoria Ave, Unit 315 Phoenix, AZ 85029
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