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11201 North Tatum Boulevard, Phoenix, AZ 85028

Three-story Class A office building with panoramic views.

Days on Market128

Property Features for 11201 North Tatum Boulevard

General Information

Standard status Active
Property subtype Office
Listing Agency: CBRE | Phoenix
Listed By: Luke Walker · License #SA625844000
Source: Cbre
Added: Mar 25 Changed: Jul 6 Last Checked: Jul 30 at 3:27AM

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.

This three-story Class A office building offers a contemporary creative office environment with panoramic views of Camelback Mountain, Piestawa Peak, and the Phoenix Mountain Preserve. The property is located in the heart of one of Metro Phoenix's executive housing communities. It is a 5-minute drive from the Paradise Valley Mall redevelopment, scheduled to open in 2024. The property features a new outdoor tenant amenity patio on Stonecreek Golf Course and upgrades to the existing interior tenant amenity lounge. Over 2.3 million square feet of combined amenities are available in eight nearby retail centers. The property is adjacent to the Paradise Valley Gateway retail center, which features Albertson's, Bed Bath & Beyond, Chase Bank, Walgreens, and other retailers.

Key Highlights

  • Spectacular panoramic views of Camelback Mountain, Piestawa Peak and the Phoenix Mountain Preserve.
  • Located in the heart of one of Metro Phoenix's executive housing communities.
  • New outdoor tenant amenity patio on Stonecreek Golf Course.

Property Analytics

Current Use

OWDT Advertising Agency Centric Behavioral Health Physician Arizona Senior Health ... Insurance Agency E.I.D.H.I. International University ... University Wolf & Associates, P.C. Law Firm

Suggested Use

Top Pick Building Supply Auto Repair Shop Big Box & Wholesale Store Auto Parts Store Storage Facility Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

86
Businesses Nearby

Demographics for 85028, AZ

19,888
Population
8,642
Households
2.3
Avg Household Size
48
Median Age
56%
College-Educated
97%
High-School Grad
6.9 sq mi
ZIP Area
2,882
Density / Sq Mi
$119,436
Median Household Income
$69,819
Median Earnings
$1,832
Median Rent
$583,000
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

Vacancy Rate% for Office in Phoenix, AZ

14.4% 2019
19.3% 2020
21.7% 2021
24.3% 2022
27.4% 2023
28.5% 2024
26.5% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Three-story Class A office building with panoramic views.
Where is this office building located?
The property is located at 11201 North Tatum Boulevard Phoenix, AZ.
What are key features of this property?
This property features: Spectacular panoramic views of Camelback Mountain, Piestawa Peak and the Phoenix Mountain Preserve.; Located in the heart of one of Metro Phoenix's executive housing communities.; New outdoor tenant amenity patio on Stonecreek Golf Course.
More about this property
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