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    3131 Camelback Rd Phoenix, AZ 85016

    Sponsored
    For Lease
    $47 SF/Yr

    Prestigious Camelback location, suites available

    Lot size:
    198,567 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This Class A, seven-story office building at 3131 E Camelback Rd in Phoenix, Arizona, offers exceptional executive office space for lease. Built in 1998, the property boasts a total of 198,567 square feet, with multiple tenancy options available. Spaces range from a minimum of 1,606 square feet to a maximum contiguous space of 19,336 square feet, providing flexibility for businesses of various sizes. Currently, there is 115,017 square feet of vacant space ready for immediate occupancy. The building is situated in Maricopa County, Arizona, with a convenient zip code of 85016. Ample parking is provided, with a ratio of 5.00 parking spaces per 1,000 rentable square feet. This prestigious location on Camelback Road offers excellent visibility and accessibility, making it an ideal location for businesses seeking a high-profile address in Phoenix. The building's modern design and amenities cater to the needs of discerning tenants. Contact us today to learn more about leasing opportunities and explore the possibilities of establishing your business in this exceptional property.

    Property Features for 3131 Camelback Rd

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    198,567 SF
    Class
    A
    Total Rate
    777720.75

    Building Details

    Year Built
    1998
    Stories
    7

    Unit(s) available at that property

    Space
    Suite 103
    Size
    7,836 SF
    Rate per SF
    $47
    Space
    Suite 105
    Size
    7,836 SF
    Rate per SF
    $47
    Space
    Suite 120
    Size
    1,606 SF
    Rate per SF
    $47
    Space
    Suite 215
    Size
    9,645 SF
    Rate per SF
    $47
    Space
    Suite 220
    Size
    9,645 SF
    Rate per SF
    $47
    Space
    Suite 240
    Size
    15,048 SF
    Rate per SF
    $47
    Space
    Suite 250
    Size
    15,048 SF
    Rate per SF
    $47
    Space
    Suite 300
    Size
    12,823 SF
    Rate per SF
    $47
    Space
    Suite 335
    Size
    1,761 SF
    Rate per SF
    $47
    Space
    Suite 415
    Size
    4,966 SF
    Rate per SF
    $47
    Space
    Suite 445
    Size
    3,815 SF
    Rate per SF
    $47
    Space
    Suite 360
    Size
    19,336 SF
    Rate per SF
    $47

    HighLights

    • Two Class A+ office buildings.
    • 5.0 spaces per 1,000 square feet of rentable space.
    • Outdoor amenity area.
    • Tenant conference/training room.
    • Energy Star certified.
    • Three‑time winner of BOMA's Office Building of the Year Award.
    Property Profile Location Intelligence

    Current Use by Public Records

    TIAA Financial Services Financial Planner Renaissance Financial Financial Planner Vaco Recruiter JLL Commercial Real Estate Agency Extreme Networks Inc Professional Services

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop 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
    -112.0134647
    Latitude
    33.5094473

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    FAQs

    What type of property is this?
    Office Property / Space - Prestigious Camelback location, suites available
    Where is this office property / space located?
    The property is located at 3131 Camelback Rd Phoenix, AZ.
    What is the lease rate?
    The lease rate is $47 SF/Yr.
    What are key features of this property?
    This property features: Two Class A+ office buildings.; 5.0 spaces per 1,000 square feet of rentable space.; Outdoor amenity area.
    Request Owner's contact information
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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
    3131 Camelback Rd Phoenix, AZ 85016
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