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Luxury Outdoor Shopping Center Retail Space
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2502 E Camelback Rd, Phoenix, AZ 85016

Outdoor retail venue with 5,000 parking spaces and prominent national anchors, including Saks and Life Time.

Property Size3,270 SF
Days on Market609

Property Features for 2502 E Camelback Rd

General Information

Standard status Active
Size 3,270 SF
Total Parking Spaces 5000
Property subtype RETAIL
Listing Agency: RED Development
Listed By: Mike Kallner
Source: Moodyscre
Added: Nov 28, 2024 Changed: Jul 27 Last Checked: Jul 29 at 2:21PM

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 RED Development

Investment Insights

Based on property information with market context.

Biltmore Fashion Park is an outdoor luxury shopping center featuring lush gardens, relaxing fountains, and a curated collection of shopping and dining. The center is home to major retailers including Saks Fifth Avenue, Ralph Lauren, and J.Crew, along with Life Time.

Located at 2502 E Camelback Rd in Phoenix, the center is described as being centrally positioned at 24th Street and Camelback Road. The property serves as a frequent destination for daytime office workers and year-round visitors, and includes 5,000 parking spaces for customer access.

Key Highlights

  • Outdoor shopping center located at 24th Street and Camelback Road in central Phoenix
  • State’s only Saks Fifth Avenue, Ralph Lauren, J.Crew, and Diamond‑level Life Time
  • Prominent national retail and lifestyle anchors, including Saks and Life Time

Property Analytics

Current Use

Ralph Lauren Clothing Store Chico's Clothing & Fashion Store White House Black ... Clothing & Fashion Store Seasons 52 Restaurant True Food Kitchen Restaurant

Suggested Use

Top Pick Auto Repair Shop Auto Parts Store Big Box & Wholesale Store Building Supply Garden Center Dental Office

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

3,687
Businesses Nearby
6k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Hotels & Casinos 100%
Embassy Suites By Hilton Phoenix Biltmore Hotels & Casinos
5,868 visits/mo 0.2 miles

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

$15.05 /SF/Yr
Avg Asking Price
$1.19–$32 /SF/Yr
Price Range
8,944 SF
Avg Space Size

Vacancy Rate% for Retail in Phoenix, AZ

8.5% 2019
8.7% 2020
7.4% 2021
5.6% 2022
5.1% 2023
5.4% 2024
5.3% 2025
Rey
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Similar Off Market Nearby

  • The Groves Shopping Center Tempe — 2425 E Camelback Rd, Phoenix, AZ 85016
  • Mesa Grand — 2425 E Camelback Rd #750, Phoenix, AZ 85016
  • Town and Country Shopping Center — 2021 E Camelback Rd, Phoenix, AZ 85016
  • Coinstar Kiosk | Bitcoin ATM — Kroger - Fry's Food Stores, 4724 N 20th St, Phoenix, AZ 85016
  • Camelback Colonnade — 1919 E Camelback Rd, Phoenix, AZ 85016

Frequently Asked Questions

What type of property is this?
Shopping center - Outdoor retail venue with 5,000 parking spaces and prominent national anchors, including Saks and Life Time.
Where is this shopping center located?
The property is located at 2502 E Camelback Rd Phoenix, AZ.
What are key features of this property?
This property features: Outdoor shopping center located at 24th Street and Camelback Road in central Phoenix; State’s only Saks Fifth Avenue, Ralph Lauren, J.Crew, and Diamond‑level Life Time; Prominent national retail and lifestyle anchors, including Saks and Life Time
(480) 348-3856 Call to check price and availability
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