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Class A Office Units with Fitness Amenities
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2398 E Camelback Rd, Phoenix, AZ 85016

Class A office units in a three-building complex with fitness, conference space, and tenant lounge amenities.

Property Size4,271 SF
Days on Market1747

Property Features for 2398 E Camelback Rd

General Information

Standard status Active
Size 4,271 SF
Class A
Property subtype OFFICE
Lease Type SF/yr

Amenities

fitness facility
conference space
tenant lounge
sports simulator
pickleball courts
Listing Agency: Colliers | Phoenix
Listed By: Michael Marsh, CCIM · License #SA654598000
Source: Moodyscre
Added: Oct 18, 2021 Changed: Jul 30 Last Checked: Jul 30 at 3:36AM

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 Colliers | Phoenix

Investment Insights

Based on property information with market context.

Biltmore Center is a Class A, three-building office complex with efficient design and ongoing improvements. The property offers on-site amenities for tenants, including a fitness facility, a large high-tech common area conference space, and a tenant lounge. Additional features mentioned include a sports simulator and pickleball courts, supporting a modern work-and-collaborate environment.

Located at 2398 E Camelback Rd in Phoenix, AZ, the complex is described as walkable to Biltmore Fashion Park. Biltmore Fashion Park is a luxury retail and dining plaza located directly across 24th Street, with retail tenants referenced such as Lifetime Fitness, J Crew, Lululemon, Macy’s, Pottery Barn, and Saks Fifth Avenue. Restaurants referenced include True Food, Cheesecake Factory, Blanco Tacos, California Pizza Kitchen, Seasons 52, Zinburger, and Breakfast Club.

The property is offered for rent and provides a multi-building office setting with amenity-rich common areas intended to serve emerging office users seeking a contemporary campus experience.

Key Highlights

  • Class A, three‑building office complex
  • On‑site fitness facility
  • Large high‑tech common area conference space

Property Analytics

Current Use

Greenspoon Marder LLP Law Firm Chestnut Fine Foods ... Bar & Pub RBC Wealth Management ... Financial Advisor Kevin Wein Law Firm Dentons Law Firm

Suggested Use

Top Pick Daycare Center (Bike/Boat/Book/etc) Store Pet Grooming Service Florist Grocery & Convenience Store Veterinary Clinic

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
$6.75 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

3,709
Businesses Nearby

Demographics for 85016, AZ

37,326
Population
21,363
Households
1.7
Avg Household Size
38
Median Age
50%
College-Educated
94%
High-School Grad
8.2 sq mi
ZIP Area
4,552
Density / Sq Mi
$85,085
Median Household Income
$53,781
Median Earnings
$1,575
Median Rent
$508,400
Median Home Value

Market

Lease Benchmarks for Phoenix, AZ

$18.84 /SF/Yr
Avg Asking Price
$0.58–$59.85 /SF/Yr
Price Range
11,631 SF
Avg Space Size

This space is priced 139% above the average of $18.84 /SF/Yr.

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
Rey
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Frequently Asked Questions

What type of property is this?
Office units - Class A office units in a three-building complex with fitness, conference space, and tenant lounge amenities.
Where is this office units located?
The property is located at 2398 E Camelback Rd Phoenix, AZ.
What is the lease rate?
The lease rate is $45 SF/Yr.
What are key features of this property?
This property features: Class A, three‑building office complex; On‑site fitness facility; Large high‑tech common area conference space
(480) 380-1548 Call to check price and availability
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