High Profile Location for Lease

2925-2927 N 24th Street Phoenix, AZ 85016

2925-2927 N 24th Street, Phoenix, AZ, 85016
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FOR LEASE
Property Type:
Street Retail
Last Verified:
Jul 11, 2024

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Highlights

  • Completely renovated in 2021
  • Adjacent to busy CVS
  • Pylon signage available
  • Over 25,000 vehicles pass by per day
  • Easy access to SR 51, Loop 202 & I-10
  • 2,200 SF Suite move-in ready

Description

Renovated in 2021 and 2,200 SF suite just painted, highly visible location ready for new tenants. Property works as well as an office along with the current successful retail use. The immediate area is undergoing revitalization in part due to great traffic counts and demographics. Join other young professionals in this strategic location between central Phoenix, Biltmore and Arcadia in flourishing greater Phoenix. The neighboring tenant only occupies during evenings. PLEASE DO NOT DISTURB CURRENT TENANT.

Highly visible central Phoenix property fronting the east side of 24th Street just north of Thomas Road. 24th Street is a major road with three lanes each direction and a central turning lane. Situated just half a mile from the SR 51 freeway onramp and close to Loop 202 and I-10. Near the exciting Metrocenter PUD redevelopment with housing, retail and entertainment options along with employment opportunities.

Building Size: 4551sq ft
Lot Size: 0.18 acres

Units for Lease

2925 N 24th Street
Space Available: 2350 SF
Lease Type: NNN

Price Per Sqft/Month: $18.00
2927 N 24th St
Space Available: 2200 SF
Lease Type: NNN

Price Per Sqft/Month: $18.00

Map of 2925-2927 N 24th Street, Phoenix, AZ, 85016

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.