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Class A Office Building
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2375 E Camelback Road, Phoenix, AZ 85016

Prime business address with modern amenities and convenient access.

Space SizeContact for details
Days on Market145

Property Features for 2375 E Camelback Road

General Information

Standard status Active
Property subtype Office
Listing Agency: CBRE | Phoenix
Listed By: Lauren Lovell
Source: Cbre
Added: Mar 25 Changed: Aug 16 Last Checked: Aug 16 at 11:00AM

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 eight-story, Class A office building offers approximately 308,723 square feet of space with typical floor plates of approximately 38,603 square feet. Located at the intersection of 24th Street and Camelback Road, the property provides a prominent business address in a business park setting. Renovations were completed in 2021. The building is designated LEED Gold, Energy Star, and Fitwell rated. It features CAT 5 cabling and ISDN, Wired Gold Certification, 24-hour security, and landscaped gardens. A fitness center with luxury showers and lockers is available, along with an on-site restaurant. The location offers convenient in-and-out parking and is easily accessible from I-10, I-17, and SR-60, as well as public transportation. Sky Harbor International Airport is approximately 10 minutes away. The property is near the Phoenix Convention and Visitors Bureau, Camelback Mountain, and various office complexes, including the Esplanade. Banking, retail, personal services, and 21 restaurants are within walking distance.

Key Highlights

  • Prime location at 24th Street and Camelback Road.
  • LEED Gold, Energy Star, and Fitwell certifications.
  • Class "A" office building with recent renovations completed in 2021.

Property Analytics

Current Use

Old Republic Title Title Company Glaxosmithkline Factory Pink Plumbing and Sewer Plumbing Service Overton Pamela M Law Firm Lomax John F Law Firm

Suggested Use

Top Pick Daycare Center Food Market (Bike/Boat/Book/etc) Store Catering Service 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

Location Intelligence

Trade Area within ½ mile

3,871
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

$25.7 /SF/Yr
Avg Asking Price
$11.95–$47 /SF/Yr
Price Range
27,468 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 - Prime business address with modern amenities and convenient access.
Where is this office building located?
The property is located at 2375 E Camelback Road Phoenix, AZ.
What are key features of this property?
This property features: Prime location at 24th Street and Camelback Road.; LEED Gold, Energy Star, and Fitwell certifications.; Class "A" office building with recent renovations completed in 2021.
More about this property
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