Listing Agency: CBRE | Phoenix b***@cbre.com Show Phone

Listed By: Bryan Taute Show Phone

Source: Cbre

Added: Mar 25 Changed: Aug 11 Last Checked: Aug 12 at 2:15PM

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Investment Insights

Based on property information with market context.

This commercial real estate property, suitable for office use, offers 43,501 square feet of space. Located in Phoenix, Arizona, the property is situated at 2425 East Camelback Road.

Key Highlights

• 43,501 square foot office space

Property Analytics

Property Profile

Current Use

Balmer Architectural Group Architect Rueb Stoller Daniel Law Firm KKNT Radio Station The Groves Shopping Center ... Shopping Center & Mall Luke's Diner Cafe & Coffee Shop

Suggested Use

Top Pick Daycare Center Grocery & Convenience Store Veterinary Clinic Auto Parts Store (Bike/Boat/Book/etc) Store Food Market

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

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

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

Questions? Ask Rey

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What type of property is this? Where is this office buildings located? What is the lease rate? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Office building - 43,501 square foot office space available for lease.

Where is this office building located?

The property is located at 2425 East Camelback Road Phoenix, AZ.

What are key features of this property?

This property features: 43,501 square foot office space