Class A Multi-Tenant Office
For Lease
Contact for pricing
11024 N 28th Dr, Phoenix, AZ 85029
Class A office property undergoing a comprehensive renovation updating buildings, grounds, and common areas.
Property Size3,119 SF
Days on Market1352
Property Features for 11024 N 28th Dr
General Information
Standard status
Active
Size
3,119 SF
Class
Class A
Property subtype
OFFICE
Lease Type
SF/yr
Additional Details
Business Included
No
Building Details
Tenancy
Multi
Listing Agency:
CBRE | Phoenix
(602) 369-9261
Listed By:
Philip Wurth, CCIM
(602) 369-9261
Source:
Moodyscre
Added: Nov 16, 2022
Changed: Jul 28
Last Checked: Jul 29 at 2:42PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CBRE | Phoenix
Investment Insights
Based on property information with market context.
Lake Biltmore Corporate Center is a Class A, multi-tenant office property on-site the Lake Biltmore Estates. Under new ownership, the property is undergoing a multimillion-dollar renovation to update the buildings and grounds, including all common areas with a contemporary nautical theme.
The asset is located at 11024 N 28th Dr, Phoenix, AZ 85029, offering a corporate office setting within the Lake Biltmore Estates.
As a multi-tenant office center, it is positioned for businesses seeking space within a larger office campus while the common areas and exterior elements are being refreshed.
The asset is located at 11024 N 28th Dr, Phoenix, AZ 85029, offering a corporate office setting within the Lake Biltmore Estates.
As a multi-tenant office center, it is positioned for businesses seeking space within a larger office campus while the common areas and exterior elements are being refreshed.
Key Highlights
- Lake Biltmore Corporate Center is a Class A, multi‑tenant office property.
- Property is undergoing a multimillion‑dollar renovation under new ownership.
- Renovations include updates to buildings and grounds, including all common areas.
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type
$3.53 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
950
Businesses Nearby
Explore this area
Business Placement
Demographics for 85029, AZ
47,101
Population
19,723
Households
2.4
Avg Household Size
35
Median Age
22%
College-Educated
82%
High-School Grad
9.4 sq mi
ZIP Area
5,011
Density / Sq Mi
$60,384
Median Household Income
$37,282
Median Earnings
$1,319
Median Rent
$307,800
Median Home Value
Market
Lease Benchmarks for Phoenix, AZ
$25.81 /SF/Yr
Avg Asking Price
$11.95–$47 /SF/Yr
Price Range
54,830 SF
Avg Space Size
This space is priced 9% below the average of $25.81 /SF/Yr.
Vacancy Rate% for Office in Phoenix, AZ
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Class A office property undergoing a comprehensive renovation updating buildings, grounds, and common areas.
Where is this office building located?
The property is located at 11024 N 28th Dr Phoenix, AZ.
What is the lease rate?
The lease rate is $23.50 SF/Yr.
What are key features of this property?
This property features: Lake Biltmore Corporate Center is a Class A, multi‑tenant office property.; Property is undergoing a multimillion‑dollar renovation under new ownership.; Renovations include updates to buildings and grounds, including all common areas.
