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Newly Renovated Phoenix Office Space
For Lease
$1,220/Mo per office Modified Gross

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

Biltmore Office Plaza

Space Size105 SF - 776 SF
Days on Market318

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 Term 1-2 Years
Rate Type Monthly

Building Details

Year Built 1974
Year Renovated 2022
Buildings 4
Stories 2
Listed By: Robert Alsbury
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

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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 Grocery & Convenience Store Parking Lot & Garage Electrical Service (Bike/Boat/Book/etc) Store Butcher Pet Grooming Service

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

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Phoenix, AZ

$22.17 /SF/Yr
Avg Asking Price
$1.16–$114 /SF/Yr
Price Range
13,847 SF
Avg Space Size

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