Building Details

Year Built 1999

Listing Agency: Lee & Associates - Arizona g***@leearizona.com Show Phone

Listed By: Gregg Kafka · License #AZ

Source: Crexi

Added: Jan 4, 2024 Changed: Jul 6 Last Checked: Jul 29 at 10:37AM

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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 Lee & Associates - Arizona

Investment Insights

Based on property information with market context.

Office space is available for lease.

Key Highlights

• Year Built: 1999

Property Analytics

Property Profile

Current Use

SCABAL USA Big Box & Wholesale Store Back-Health & Inner Radiance ... Alternative Medicine Practice Laura Huser, PhD, ... Physician Breen & Olson PLC Law Firm Helix Corporate Real Estate Agency

Suggested Use

Top Pick Grocery & Convenience Store Catering Service Tanning Salon Pet Grooming Service (Bike/Boat/Book/etc) Store Electrical 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

$3.53 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

3,822

Businesses Nearby

Well-served

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

$39.46 /SF/Yr

Avg Asking Price

$0.58–$141 /SF/Yr

Price Range

20,266 SF

Avg Space Size

This space is priced 40% below the average of $39.46 /SF/Yr.

Properties on Market for Office Spaces in Phoenix

Jan

Feb

Mar

Apr

May

Jun

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

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Office space - Office space for lease at 4425 N 24th St, Phoenix.

Where is this office space located?

The property is located at 4425 N 24th St Phoenix, AZ.

What is the lease rate?

The lease rate is $23.50 SF/Yr.

What are key features of this property?

This property features: Year Built: 1999