Newly Renovated Phoenix Office
For Lease
$56.13 SF/Yr
2942 N 24Th St, Phoenix, AZ 85016
Biltmore Office Plaza
Space Size18,919 SF
Days on Market142
Property Features for 2942 N 24Th St
General Information
Standard status
Active
Property type
Office Spaces
Size
18,919 SF
Class
C
Total Parking Spaces
63
Lease Type
Gross
Lease Term
Monthly
Rate Type
Yearly
Building Details
Year Built
1974
Year Renovated
2019
Buildings
4
Stories
2
Listing Agency:
(602) 424-5700
Listed By:
(602) 424-5700
Added: Apr 10
Investment Insights
Based on property information with market context.
Biltmore Office Plaza is a newly renovated, secure garden-style office building with a well-manicured central courtyard. Located in mid-town Phoenix, Arizona, the property offers professional office space with a prestigious business address. Recent capital improvements totaling over $300,000 include new AC throughout, interior and exterior paint, and new carpet in each space. The property features uniquely designed floor plans and covered parking. Amenities include broadband internet and free parking. Convenient freeway and airport access are also provided. An on-site management office is available, along with conference rooms and executive suites and virtual offices to meet temporary office needs. Flexible lease terms are offered, and utilities are included with each lease. The property has a total size of 18919 PropertySizeUnits.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$8.42 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
2,124
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
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
$21.29 /SF/Yr
Avg Asking Price
$1.16–$49 /SF/Yr
Price Range
14,925 SF
Avg Space Size
This space is priced 164% above the average of $21.29 /SF/Yr.
Vacancy Rate% for Office in Phoenix, AZ
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office space - Biltmore Office Plaza
Where is this office space located?
The property is located at 2942 N 24Th St Phoenix, AZ.
What is the lease rate?
The lease rate is $56.13 SF/Yr.
