2920 24Th Ave Phoenix, AZ 85015
- Office Properties & Spaces
- 13,993 SF
Current Use by Public Records
- Strongbod Phoenix Landscaping Company / Landscape Designer
- All About You Behavioral Health Center / Mental Health Clinic
- Arrange Freight / Trucking Company
- Assured Staffing & Recruitment / Employment Agency
- Bethal SDA / Church
Property Details for 2920 24Th Ave
- Year built
- 1982
- Property size
- 13,993 SF
- Property type
- Office Properties & Spaces
Description
This exceptional two-story executive office building, located at 2920 N 24th Ave in Phoenix, Arizona (zip code 85015), presents a compelling investment opportunity. Boasting 13,993 square feet, the property offers a strong 6.23% capitalization rate with a current Net Operating Income (NOI) of $136,986.99. Currently 77% occupied, this multi-tenant building features a central courtyard, adding to its appeal. Built in 1982, the structure is zoned R-5 by the City of Phoenix. Convenient amenities include an elevator and common restrooms on both floors, enhancing tenant comfort and accessibility. Security features such as security cameras and a parking gate provide peace of mind. Ample parking is available, with a ratio of 2.9 spaces per 1,000 square feet, including covered parking options. The property also benefits from prominent monument signage availability. The asking price is $2,200,000. This well-maintained property presents a solid investment opportunity in a desirable Phoenix location. The property's APN is 110-36-011. This is a rare chance to acquire a well-positioned, income-producing asset in a thriving market.
Value Estimations
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Phoenix
- County
- Maricopa
- State
- Arizona
- Longitude
- -112.111
- Latitude
- 33.4816