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Biltmore Office Plaza 2942 N 24th St 18,919 SF 88% Leased Office Building Phoenix, AZ 85016 $5,942,118 CAD ($314.08 CAD/SF)

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INVESTMENT HIGHLIGHTS

  • Sale Leaseback Offering - Seven (7) Year Term
  • Three Percent (3%) Annual Increases
  • In Operation Since 2006
  • NNN Lease Structure
  • Well-Established Executive Office/Virtual Office Operator
  • Immediate Access to I-10 & Loop 202 Fwys | Minutes to Biltmore, Arcadia, and Central Phoenix

EXECUTIVE SUMMARY

SVN is pleased to present to the market this sale leaseback opportunity in Phoenix, AZ. The building is currently occupied by Plaza Executive Suites, an experienced operator of executive offices suites throughout the Phoenix MSA including virtual offices and meeting space. Plaza Executives has been in operation since 2006 and currently has five locations in north Scottsdale, Mesa, North Phoenix, and Old Town Scottsdale in addition to this location in the Biltmore area. In 2022, Plaza Executive Suites Ranked #7 in Ranking Arizona: Office Business Centers. Plaza Executive Suites is willing to enter into a seven (7) year leaseback upon close of escrow under a triple net lease with three percent annual increases.

PROPERTY FACTS

Sale Type
Investment
Property Type
Office
Property Subtype
Office/Residential
Building Size
18,919 SF
Building Class
B
Year Built
1974
Price
$5,942,118 CAD
Price Per SF
$314.08 CAD
Percent Leased
88%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
9,459 SF
Building FAR
0.43
Lot Size
1.01 AC
Zoning
C-2, Phoenix - Commercial
Parking
63 Spaces (3 Spaces per 1,000 SF Leased)

AMENITIES

  • 24 Hour Access
  • Controlled Access
  • Conferencing Facility
  • Courtyard
  • Property Manager on Site
  • Air Conditioning
  • Balcony

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • CONDITION
  • AVAILABLE
  • 1st Fl-Ste 109
  • 522 SF
  • Office
  • Full Build-Out
  • Now
  • 1st Fl-Ste 110
  • 595 SF
  • Office
  • Full Build-Out
  • Now
  • 2nd Fl-Ste 14
  • 130 SF
  • Office
  • Full Build-Out
  • Now

Plaza Executive Suites offers private offices, executive office suites, and virtual office solutions in Phoenix, Mesa, and Scottsdale. With flexible terms, prime locations, and no hidden fees, businesses benefit from professional addresses, modern amenities, and support services—ideal for startups, remote teams, and growing businesses seeking a polished presence without long-term overhead. Are you looking to rent an Executive Office for face-to-face meetings with clients in Phoenix, Mesa & Scottsdale, AZ? That's right, we're not in a single location; we cover a tri-city area. Plaza Executive Suites has been offering low-cost virtual office solutions for years in Phoenix, Mesa & Scottsdale, AZ. From short, mid, and long term, fully furnished executive office leasing solutions that take into account both your office needs and your budget. Need a business mailing address? We can rent you a physical office with a physical address. We also provide a wide array of virtual office solutions that include live phone answering services, on-site Notary Public and Statutory Agents, and corporate business addresses. We also have meeting rooms and a conference room in case you need to hold a meeting with a larger number of participants. Plus, many other office-related services. Fast and easy sign-up, within 30 mins! Multiple locations to serve your business No minimum lease period

  • 2nd Fl-Ste 206
  • 776 SF
  • Office
  • Spec Suite
  • Now
  • 2nd Fl-Ste BL16
  • 160 SF
  • Office
  • Spec Suite
  • Now

Newly remodeled executive suite. Fully furnished. No CAMs.

  • 2nd Fl-Ste BL18
  • 130 SF
  • Office
  • Spec Suite
  • Now
Space Size Space Use Condition Available
1st Fl-Ste 109 522 SF Office Full Build-Out Now
1st Fl-Ste 110 595 SF Office Full Build-Out Now
2nd Fl-Ste 14 130 SF Office Full Build-Out Now
2nd Fl-Ste 206 776 SF Office Spec Suite Now
2nd Fl-Ste BL16 160 SF Office Spec Suite Now
2nd Fl-Ste BL18 130 SF Office Spec Suite Now

1st Fl-Ste 109

Size
522 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

1st Fl-Ste 110

Size
595 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

2nd Fl-Ste 14

Size
130 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

2nd Fl-Ste 206

Size
776 SF
Space Use
Office
Condition
Spec Suite
Available
Now

2nd Fl-Ste BL16

Size
160 SF
Space Use
Office
Condition
Spec Suite
Available
Now

2nd Fl-Ste BL18

Size
130 SF
Space Use
Office
Condition
Spec Suite
Available
Now

2nd Fl-Ste 14

Size 130 SF
Space Use Office
Condition Full Build-Out
Available Now

Plaza Executive Suites offers private offices, executive office suites, and virtual office solutions in Phoenix, Mesa, and Scottsdale. With flexible terms, prime locations, and no hidden fees, businesses benefit from professional addresses, modern amenities, and support services—ideal for startups, remote teams, and growing businesses seeking a polished presence without long-term overhead. Are you looking to rent an Executive Office for face-to-face meetings with clients in Phoenix, Mesa & Scottsdale, AZ? That's right, we're not in a single location; we cover a tri-city area. Plaza Executive Suites has been offering low-cost virtual office solutions for years in Phoenix, Mesa & Scottsdale, AZ. From short, mid, and long term, fully furnished executive office leasing solutions that take into account both your office needs and your budget. Need a business mailing address? We can rent you a physical office with a physical address. We also provide a wide array of virtual office solutions that include live phone answering services, on-site Notary Public and Statutory Agents, and corporate business addresses. We also have meeting rooms and a conference room in case you need to hold a meeting with a larger number of participants. Plus, many other office-related services. Fast and easy sign-up, within 30 mins! Multiple locations to serve your business No minimum lease period

2nd Fl-Ste 206

Size 776 SF
Space Use Office
Condition Spec Suite
Available Now

2nd Fl-Ste BL16

Size 160 SF
Space Use Office
Condition Spec Suite
Available Now

Newly remodeled executive suite. Fully furnished. No CAMs.

2nd Fl-Ste BL18

Size 130 SF
Space Use Office
Condition Spec Suite
Available Now

Walk Score®
Very Walkable (74)
Bike Score®
Very Bikeable (77)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
119-17-031
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$229,251 CAD
  • Listing ID: 29299182

  • Date on Market: 2023-08-17

  • Last Updated:

  • Address: 2942 N 24th St, Phoenix, AZ 85016

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