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    2111 Highland Ave Phoenix, AZ 85016

    For Lease
    $37 SF/Yr

    Prime Phoenix location, flexible suites available

    Lot size:
    216,701 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This Class A Phoenix office building, Waterview - Building B (2111 E Highland Ave, 85016), offers 30,215 square feet of immediately available space in multiple configurations ranging from 774 to 6,282 contiguous square feet. The building totals 216,701 square feet and features a desirable location in the Camelback Corridor with easy access to the 51 freeway and abundant nearby amenities including restaurants and retail. The property boasts ample parking (4 spaces per 1,000 square feet), attractive common areas including courtyards and outdoor seating surrounding a two-acre lake. Building amenities include flexible floor plates and a commitment to sustainability, evidenced by its BOMA 360 designation (Q2 2014) and multiple Energy Star labels (2009, 2012, 2013, 2014, 2015, 2016). The building is part of a two-building complex and has received Toby Awards for excellence. This is an exceptional opportunity for businesses seeking a prestigious and efficient workspace in a vibrant Phoenix location.

    Property Features for 2111 Highland Ave

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    216,701 SF
    Class
    A
    Total Rate
    677190.63

    Building Details

    Buildings
    2

    Unit(s) available at that property

    Space
    Suite 125
    Size
    774 SF
    Rate per SF
    $37
    Space
    Suite 135
    Size
    1,846 SF
    Rate per SF
    $37
    Space
    Suite 190
    Size
    1,488 SF
    Rate per SF
    $37
    Space
    Suite 225
    Size
    1,664 SF
    Rate per SF
    $37
    Space
    Suite 255
    Size
    4,623 SF
    Rate per SF
    $37
    Space
    Suite 440
    Size
    6,282 SF
    Rate per SF
    $37
    Space
    Suite 310
    Size
    2,756 SF
    Rate per SF
    $37
    Space
    Suite 155
    Size
    4,623 SF
    Rate per SF
    $37
    Space
    Suite 375
    Size
    6,159 SF
    Rate per SF
    $37

    HighLights

    • 216,701 square feet in two Class A office buildings.
    • Park‑like setting with extensive landscaping.
    • Two‑acre on‑site lake.
    • Abundant on‑site amenities.
    • 4:1,000 parking ratio.
    • Energy Star certified.
    Property Profile Location Intelligence

    Current Use by Public Records

    Iota Telecommunications Service Provider Bodinet Nancy R Attorney Mckay Scott A Attorney PayneLess Law Estate Planning Attorney Muriel S. Mcclellan, ... Psychologist

    Suggested Use

    Restaurant Realty agency Building Supply Dental Office Spa & Massage Law Firm Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Phoenix
    County
    Maricopa
    State
    Arizona
    Longitude
    -112.03460667
    Latitude
    33.50513798

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    FAQs

    What type of property is this?
    Office Property / Space - Prime Phoenix location, flexible suites available
    Where is this office property / space located?
    The property is located at 2111 Highland Ave Phoenix, AZ.
    What is the lease rate?
    The lease rate is $37 SF/Yr.
    What are key features of this property?
    This property features: 216,701 square feet in two Class A office buildings.; Park-like setting with extensive landscaping.; Two-acre on-site lake.
    Request Owner's contact information
    2111 Highland Ave Phoenix, AZ 85016
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2111 Highland Ave Phoenix, AZ 85016
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