Biltmore Area Office
2942 N 24th St, Phoenix, AZ 85016
Owner/user or sale-leaseback opportunity in Phoenix's Midtown submarket.
Type:Office
Property size:
18,919 SFPrice / SF:
$169/SF- Added:
- Feb 18, 2026
- Days on Market:
- 83
- Last Refresh:
- Mar 17 at 1:16 pm
Property Features for 2942 N 24th St
General Information
- Standard status
- Active
- Size
- 18,919 SF
- Property subtype
- Office
Building Details
- Year Built
- 1974
Listing agent Richard Lewis License #AZ #SA674245000
Listing office SVN | Desert Commercial Advisors
Listing date Feb 18, 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 SVN | Desert Commercial Advisors
HighLights
- Prime location in the Biltmore area of Phoenix, offering convenient access to major freeways (Loop 202, I‑10, 51) and public transportation.
- Opportunity for immediate owner‑occupancy or a 7‑year absolute triple net leaseback with 3% annual increases.
- Centrally located within the Phoenix market, providing easy access to Camelback Corridor, Downtown Phoenix, Sky Harbor Airport, and Tempe.
- Located in the Midtown submarket, surrounded by a dense mix of professional services, dining, and retail amenities.
- Suitable for owner‑users as the current tenant can vacate as needed.
- Established tenant (Plaza Executive Suites) with a proven track record since 2006 and multiple locations in the Phoenix MSA.
Overview
This property presents an opportunity for either an owner-user or a sale-leaseback arrangement in Phoenix, Arizona. Currently occupied by Plaza Executive Suites, an operator of executive office suites with multiple locations throughout the Phoenix metropolitan area since 2006, including virtual offices and meeting spaces. Plaza Executive Suites is open to a seven-year leaseback agreement under an absolute triple net lease with annual increases of three percent. Alternatively, the space can be vacated as needed for an owner-user. Located in the Midtown submarket, just north of Thomas Road, the property fronts the west side of 24th Street, between Thomas and Osborn Roads. Its location provides immediate access to major transportation routes and public transit, including the Loop 202, I-10, and 51 Freeways. The surrounding area features a mix of professional services, dining options, and retail amenities. The property is centrally located within the broader Phoenix market, with convenient access to the Camelback Corridor, Downtown Phoenix, Sky Harbor International Airport, and the Tempe area. The building size is 18,919 square feet.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Commission Express of Phoenix
Real Estate Agency
Meade Electric Co.
Electrical Service
Shipley and Sons
General Contractor
Phoenix Embroidered Polo ...
Production Facility
Magical Marketing Solution
Advertising Agency
Location Insight
- Map
- Local Demand
- City
- Phoenix
- County
- Maricopa
- State
- Arizona
- Longitude
- -112.0308044
- Latitude
- 33.4818258
Nearby Similar for Sale
FAQs
What type of property is this?
Office building - Owner/user or sale-leaseback opportunity in Phoenix's Midtown submarket.
Where is this office building located?
The property is located at 2942 N 24th St Phoenix, AZ.
What is the asking price?
The asking price for this property is $3,216,000.
What are key features of this property?
This property features: Prime location in the Biltmore area of Phoenix, offering convenient access to major freeways (Loop 202, I‑10, 51) and public transportation.; Opportunity for immediate owner‑occupancy or a 7‑year absolute triple net leaseback with 3% annual increases.; Centrally located within the Phoenix market, providing easy access to Camelback Corridor, Downtown Phoenix, Sky Harbor Airport, and Tempe.
