Listing Agency: Newmark | Phoenix c***@nmrk.com Show Phone

Listed By: CJ Osbrink · License #SA633658000

Source: Nmrk

Added: Apr 8 Changed: Jul 6 Last Checked: Jul 30 at 5:35AM

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Investment Insights

Based on property information with market context.

This 135,000 square foot office building, constructed in 1986 and renovated in 2012, is located in the Phoenix area. The property features modern amenities and a functional design tailored to meet dynamic workspace requirements. Its location provides accessibility to transportation hubs and an attractive business environment. The building is well-maintained and professionally managed, offering an opportunity for office building investors.

Key Highlights

• Prime location in the Phoenix area
• Large 135,000 SF office building
• Renovated in 2012 with modern amenities

Property Analytics

Property Profile

Current Use

World Wide Technology (Bike/Boat/Book/etc) Store SeniorBridge Home Health Care Service Guild Mortgage - Thomas ... Loan Service Jessica Onuma Loan Service Guild Mortgage Company Loan Service

Suggested Use

Top Pick Daycare Center (Bike/Boat/Book/etc) Store Catering Service Veterinary Clinic Pet Grooming Service Tanning Salon

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

Location Intelligence

Trade Area within ½ mile

3,871

Businesses Nearby

Explore this area Business Placement

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

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 - 135,000 SF office building in a prime Phoenix location.

Where is this office building located?

The property is located at 2231 East Camelback Road Phoenix, AZ.

What are key features of this property?

This property features: Prime location in the Phoenix area; Large 135,000 SF office building; Renovated in 2012 with modern amenities