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Freestanding Office Building
New
For Lease
$24 SF/Yr Modified Gross

2800 N 24th St, Phoenix, AZ 85016

Standalone office property with covered parking and a modified gross lease structure.

Space Size4,109 SF
Days on Market5

Property Features for 2800 N 24th St

General Information

Standard status Active
Size 4,109 SF
Class C
Total Parking Spaces 19
Property subtype Office
Lease Type Modified Gross
Lease Term MG

Additional Details

Space Use Office
Highway Access Yes

Building Details

Building Size 4,109 SF
Parking Ratio 4.62 per 1,000 SF

Spaces For Lease

at 2800 N 24th St Contact us

2800 N 24th St $24/SF/Yr

Size
4,109 SF
Term
Negotiable
Contact us
Listing Agency: Menlo Group Commercial Real Estate
Listed By: Ryan Edwards · License #SA697072000
Source: Menlocre
Added: Aug 8 Changed: Aug 9 Last Checked: Aug 11 at 6:09AM

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 Menlo Group Commercial Real Estate

Investment Insights

Based on property information with market context.

This freestanding office building at 2800 N. 24th Street provides a standalone commercial presence with 19 parking spaces, including 11 covered spaces. The property is offered under a modified gross lease structure and includes a parking ratio of 4.62/1,000 SF, supporting office-based occupancy with dedicated on-site parking.

The building fronts N. 24th Street, which carries 27,000+ vehicles per day, and is 1.5 miles from SR-51, 2.5 miles from I-10, and 3.5 miles from Loop 202. Its Phoenix location is surrounded by retail, dining, and business amenities, with access to Downtown Phoenix also identified in the property information.

Key Highlights

  • Freestanding office building at 2800 N. 24th Street
  • 19 parking spots, including 11 covered parking spots
  • 4.62/1,000 SF parking ratio

Property Analytics

Current Use

Joe Homebuyer Arizona Real Estate Agency Batch Data (Bike/Boat/Book/etc) Store Offer Arizona Real Estate Agency Haemonetics (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Parking Lot & Garage Grocery & Convenience Store Real Estate Agency Pet Grooming Service Florist (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access
Modified Gross
Lease Type

Location Intelligence

Trade Area within ½ mile

2,027
Businesses Nearby

Demographics for 85016, AZ

37,326
Population
21,363
Households
1.7
Avg Household Size
38
Median Age
50%
College-Educated
94%
High-School Grad
8.2 sq mi
ZIP Area
4,552
Density / Sq Mi
$85,085
Median Household Income
$53,781
Median Earnings
$1,575
Median Rent
$508,400
Median Home Value

Market

Lease Benchmarks for Phoenix, AZ

$25.7 /SF/Yr
Avg Asking Price
$11.95–$47 /SF/Yr
Price Range
27,468 SF
Avg Space Size

This space is priced 7% below the average of $25.7 /SF/Yr.

Vacancy Rate% for Office in Phoenix, AZ

14.4% 2019
19.3% 2020
21.7% 2021
24.3% 2022
27.4% 2023
28.5% 2024
26.5% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office building - Standalone office property with covered parking and a modified gross lease structure.
Where is this office building located?
The property is located at 2800 N 24th St Phoenix, AZ.
What is the lease rate?
The lease rate is $24 SF/Yr.
What are key features of this property?
This property features: Freestanding office building at 2800 N. 24th Street; 19 parking spots, including 11 covered parking spots; 4.62/1,000 SF parking ratio
More about this property
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