Camelback East Office Space

2390 E Camelback Rd Listing
Phoenix, AZ
# Biltmore Center Biltmore Center is a Class A , three-building complex featuring exceptional on-site amenities including a best-in-class fitness facility, large high-tech common area conference space, tenant lounge including a wine bar and fire pit, and much more! The complex' s efficient design, coupled with ongoing improvements, affords emerging generations of office users the broad appeal of a modernly designed complex in the highly desirable Camelback Corridor submarket. Tenants will enjoy walkability to Biltmore Fashion Park, a luxury retail and dining plaza located directly across 24th Street; retail tenants include Apple, J Crew, Lululemon, Macy' s, Pottery Barn, and Saks Fifth Avenue among others. Restaurants include True Food, Cheesecake Factory, Blanco Tacos, California Pizza Kitchen, Seasons 52, Zinburger and more! Biltmore Center is prominently positioned at the northwest corner of 24th Street and Camelback Road, one of the premier intersections in metropolitan Phoenix and in the heart of the Camelback Corridor. The Camelback Corridor is one of the most coveted submarkets in all of Phoenix and is home to prestigious companies in a number of industries, including law firms, healthcare organizations, wealth-management and financial services companies and commercial real estate firms. The businesses that are located in the Camelback Corridor demand high-end space. Features - Three-building, Class "A" corporate office complex - Built 1985, renovated 2016 - 4.1/1,000 parking - Building and monument signage available - Excellent visibility on both 24th Street and Camelback Road

Camelback East

Office Space Market Report

Number of Listings (last 90 days)
181
Median Rate ($/sqft/yr)
$34
Median Size (sqft)
2,680
As of: December 2, 2016

Camelback East Rates

On average, listings lease in the $30's per square foot per year. The Camelback East region is seeing a an increase in rates. In the last 3 months, the median rate went up $5 per sqft per year. That's a 17% increase in rent.

Compared to the rest of the Phoenix Metropolitan Area market, the Camelback East submarket has higher rates, and you'll need to make a great offer to be in this hot submarket.

Camelback East Listing Supply

In the last 90 days, 142 listings have come on the market, so you'll want to check back regularly for new listings. About 4% of the available space in the Camelback East are subleases, so you will probably have to consider a longer term lease. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 2,460 sqft. Most buildings in this area are around 2 floors. Most buildings in this market were built in 1984 and are Class B.

Camelback East Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Arts, entertainment, and restaurants are the dominant industries in this area. Commute by bike is the most popular way to get to work amongst Camelback East residents. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.

Market Report

Trends and status of the commercial real estate market in Camelback East.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Camelback East.
Research