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    4201 24Th St Phoenix, AZ 85016

    For Lease
    $29 SF/Yr

    Prime Phoenix Office, 2,077 SF Available

    Lot size:
    68,710 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    361
    This exceptional executive office space, located at 4201 N 24th Street in Phoenix, Arizona, offers 2,077 square feet of versatile workspace within a larger two-story building totaling 68,710 square feet. The property is situated in Maricopa County, zip code 85016, and features a convenient parking ratio of approximately 4 spaces per 1000 square feet. The building is designed for multiple tenants, providing a collaborative and professional environment. This specific suite presents a unique opportunity for businesses seeking a well-appointed office space in a desirable location. A significant leasing incentive is available for leases executed before January 31st, 2024. For a 36-month lease, a $1 per square foot incentive ($2,077) is offered in addition to a standard commission. A 60-month lease increases this incentive to $2 per square foot ($4,154), also in addition to a standard commission. The incentive is paid in two installments: 50% upon lease execution and 50% at the lease commencement date. This is a rare opportunity to secure premium office space in a thriving Phoenix market with substantial financial benefits. Contact us today to schedule a viewing and learn more about this exceptional property.

    Property Features for 4201 24Th St

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    68,710 SF
    Total Rate
    171488.71

    Building Details

    Stories
    2

    Unit(s) available at that property

    Space
    Suite 140
    Size
    2,077 SF
    Rate per SF
    $29

    HighLights

    • 2,077 SF executive office suite in a 68,710 SF building.
    • Bright, open two‑story lobby.
    • Convenient visitor parking at the front door.
    • Full‑time on‑site security guard during business hours.
    • Secure building with card access after hours.
    • Monument signage opportunity available.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    State Bar of Arizona ... Corporate Office Rise48 Equity Property Investment WW (Weight Watchers) Corporate Office Arizona Bar Foundation Lawyers Association Total Networks - IT ... Computer Support And Services

    Suggested Use

    Realty agency Restaurant Dental Office Spa & Massage Law Firm Hair Salon Nail Salon Building Supply Clothing Store Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Phoenix
    County
    Maricopa
    State
    Arizona
    Longitude
    -112.0297986
    Latitude
    33.4966335

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    FAQs

    What type of property is this?
    Office Property / Space - Prime Phoenix Office, 2,077 SF Available
    Where is this office property / space located?
    The property is located at 4201 24Th St Phoenix, AZ.
    What is the lease rate?
    The lease rate is $29 SF/Yr.
    What are key features of this property?
    This property features: 2,077 SF executive office suite in a 68,710 SF building.; Bright, open two-story lobby.; Convenient visitor parking at the front door.
    Request Owner's contact information
    4201 24Th St Phoenix, AZ 85016
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    4201 24Th St Phoenix, AZ 85016
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