Retail Space with Monument
For Lease
$9,375/Mo
1616 N 24th St, Phoenix, AZ 85008
Hard-corner positioning provides access, exposure, and signage opportunities along both frontages.
Space SizeContact for details
Days on Market17
Property Features for 1616 N 24th St
General Information
Standard status
Active
Taxes and HOA fees
Annual Taxes
$15,363
Listing Agency:
R.O.I. Properties
(602) 881-4724
Listed By:
Reuben Z Nach · License #SA687040000
(602) 881-4724
Source:
Exprealty
Added: Aug 5
Changed: Aug 20
Last Checked: Aug 20 at 6:25AM
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 R.O.I. Properties
Investment Insights
Based on property information with market context.
This retail space occupies a hard-corner position with monument signage serving both frontages. The building was completed in 2007 and includes a second-generation child care and education layout with an outdoor play area, supporting continued educational use as well as medical or service-oriented occupancy.
The property sits along McDowell Road and 24th Street in a dense infill corridor. I-10, Loop 202, and SR-51 provide freeway connectivity, while Valleywise Health and Banner - University Medical Center Phoenix are each within two miles. The combination of corner placement, freeway access, and proximity to major medical facilities creates a commercially accessible setting for customer-facing operations.
The property sits along McDowell Road and 24th Street in a dense infill corridor. I-10, Loop 202, and SR-51 provide freeway connectivity, while Valleywise Health and Banner - University Medical Center Phoenix are each within two miles. The combination of corner placement, freeway access, and proximity to major medical facilities creates a commercially accessible setting for customer-facing operations.
Key Highlights
- Hard‑corner retail position with monument signage on both frontages
- Second‑generation child care and education layout
- Outdoor play area included
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$2.93 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
582
Businesses Nearby
Explore this area
Business Placement
Demographics for 85008, AZ
59,047
Population
24,508
Households
2.4
Avg Household Size
30
Median Age
24%
College-Educated
75%
High-School Grad
10.2 sq mi
ZIP Area
5,789
Density / Sq Mi
$61,369
Median Household Income
$36,969
Median Earnings
$1,300
Median Rent
$323,600
Median Home Value
Market
Lease Benchmarks for Phoenix, AZ
$17.9 /SF/Yr
Avg Asking Price
$1.13–$32 /SF/Yr
Price Range
6,648 SF
Avg Space Size
This space is priced 9% above the average of $17.9 /SF/Yr.
Vacancy Rate% for Retail in Phoenix, AZ
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Hard-corner positioning provides access, exposure, and signage opportunities along both frontages.
Where is this retail space located?
The property is located at 1616 N 24th St Phoenix, AZ.
What is the lease rate?
The lease rate is $9,375/Mo.
What are key features of this property?
This property features: Hard‑corner retail position with monument signage on both frontages; Second‑generation child care and education layout; Outdoor play area included
