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Newly Renovated Phoenix Office Space
For Lease
$1,220/Mo

2942 N 24Th St Unit 114, Phoenix, AZ 85016

Biltmore Office Plaza

Property Size105 SF - 776 SF
Lease TypeModified Gross
Days on Market265

Property Features for 2942 N 24Th St Unit 114

General Information

Standard status Active
Property type Office Spaces, Coworking space
Size 105 SF - 776 SF
Class C
Total Parking Spaces 74
Elevators No
Lease Type Modified Gross Lease
Lease Term 1-2 Years
Rate Type Monthly

Building Details

Year Built 1974
Year Renovated 2022
Buildings 4
Stories 2
Listing Agency:
Listed By: Robert
Added: Nov 9, 2025 Changed: Mar 16

Investment Insights

Based on property information with market context.

Biltmore Office Plaza offers professional office space in Phoenix, Arizona. This newly renovated, secure garden-style office building features a well-manicured central courtyard. Recent capital improvements exceeding $300,000 include new AC throughout, interior and exterior paint, and new carpet in each space. The property offers uniquely designed floor plans and covered parking. Amenities include broadband internet and free parking. Convenient freeway and airport access are available. An on-site management office is present. Conference rooms and executive suites or virtual offices are available for temporary office needs. Flexible lease terms are offered, and utilities are included with each lease. Located in mid-town Phoenix, Biltmore Office Plaza is positioned in the heart of the Valley of the Sun. The available space is 776 PropertySizeUnits.

Property Analytics

Current Use

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

Suggested Use

Top Pick Building Supply Hair Salon Nail Salon Kitchen & Bath Showroom Parking Lot & Garage (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

NNN (Triple Net)
Lease Type
$20.91 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,124
Businesses Nearby
Balanced
Demand for This Use

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

$39.46 /SF/Yr
Avg Asking Price
$0.58–$141 /SF/Yr
Price Range
20,266 SF
Avg Space Size

This space is priced 253% above the average of $39.46 /SF/Yr.

Properties on Market for Office Spaces in Phoenix

Feb
Mar
Apr
May
Jun
Jul

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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  • Sanyevo Technologies — 2942 N 24th St Suite 114-424, Phoenix, AZ 85016

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 Unit 114 Phoenix, AZ.
What is the lease rate?
The lease rate is $1,220 /Mo.
More about this property
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