4201 N 24Th St Phoenix, AZ 85016
- Office buildings
- 69,960 SF
- 3.22 lot acres
Current Use by Public Records
- State Bar of Arizona Daniel J. McAuliffe CLE Center / Corporate Office
- Rise48 Equity / Hardware & Home Improvement
- WW (Weight Watchers) / Corporate Office
- Arizona Bar Foundation / Law Firm / Advocacy Group
- Total Networks - IT Support Phoenix, Managed IT Services / Tech Support Center / IT Consulting Firm
Property Details for 4201 N 24Th St
- Year built
- 1985
- Construction
- STEEL FRAME
- Lot size
- 3.22 lot acres
- Property size
- 69,960 SF
- Zone code
- C-O
- Property type
- Office buildings
- APN
- 163-06-104
- APU
- 16306104
Description
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.
Value Estimations
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $24,153,000
- AI Estimate
- $23,884,000
Market price range: $6.92M - $27.1MMarket price range: $4.26M - $27.1M -
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $18,185,000 Current use
- RESTAURANT
- $37,360,000 Change: +105% Conversion: Moderate
- AUTO REPAIR, GARAGE
- $29,560,000 Change: +63% Conversion: Difficult
- RETAIL STORES
- $19,380,000 Change: +7% Conversion: Moderate
- MEDICAL BUILDING
- $18,570,000 Change: +2% Conversion: Easy
- WAREHOUSE, STORAGE
- $18,155,000 Change: -0% Conversion: Difficult
- NEIGHBORHOOD: SHOPPING CENTER
- $17,805,000 Change: -2% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Phoenix
- County
- Maricopa
- State
- Arizona
- Longitude
- -112.03
- Latitude
- 33.4967
- CBSA code
- 38060
- CBSA name
- PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA