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Property profile & analytics
FOR LEASE
Office Units

2398 E Camelback Rd Phoenix, AZ 85016

635,409 SF
Entity Owned 3-yr Hold
Property ID
US07-3049156
Property summary
AI-generated overview

This exceptional Phoenix office campus, located at 2390, 2394, and 2398 E. Camelback Road, offers 635,409 square feet of Class A creative office space across three buildings. The property boasts a prestigious address at the northwest corner of 24th Street and Camelback Road, in the heart of the Camelback Corridor. With 21 stories and a minimum divisible space of 566 square feet, the campus caters to a variety of tenant needs, offering contiguous spaces up to 20,730 square feet. Currently, the entire 635,409 square feet is available for lease. Building 2390 offers spaces ranging from approximately 2,521 to 13,884 square feet, with full-service gross rents from $44 to $50 per square foot. Building 2394 provides spaces of approximately 13,404 to 21,535 square feet, at a full-service gross rent of $42 per square foot. Building 2398 offers spaces ranging from approximately 1,386 to 9,169 square feet, with full-service gross rents from $45 to $50 per square foot. On-site amenities include a state-of-the-art fitness center, high-tech conference rooms, a Press Coffee location, and tenant lounges. The property's efficient design and modern improvements create an immersive tenant experience, appealing to today's workforce. Its prime location offers easy access and proximity to a variety of dining and retail options, making it an ideal location for businesses seeking a prestigious address in a thriving submarket. Floor plans and a fact sheet are available. The Camelback Corridor is home to prestigious companies in various industries, including law, healthcare, finance, and commercial real estate.

Property profile
Verified
Property type Office Units
Total area 635,409 SF
UPID US07-3049156
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Greenspoon Marder LLP Law Firm
  • Chestnut Fine Foods & Provisions Bar & Pub Nightclub
  • RBC Wealth Management Branch - Phoenix Financial Advisor
  • Kevin Wein Law Firm
  • Dentons Law Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Biltmore Center Owner LLC · 3 yrs held
Biltmore Center Owner LLC
since 2023
3 recorded transactions
2023
Price N/A
2023
Price N/A
2023
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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