Camelback East Retail

4730 E Indian School Rd Space
Camelback East, Phoenix, AZ
# Arcadia Towne Center - Retail Space Retail shop space available in Arcadia Towne Center, located at the northeast corner of Indian School Road and 48th Street in Phoenix, Ariz. Arcadia Towne Center is part of the NS Retail premier property portfolio that offers: (1) widespread availability across the market allowing multiple deals with single landlord source; (2) opportunity for regional, national and franchise-based tenants to enter market quickly with multiple locations in multiple trade areas; (3) prime intersections with great traffic and class A anchor tenants, such as Walmart, Fry’s and Safeway. Refer to brochure in side column for map of all property locations. Available with notice: - Suite 111: ± 4,879 SF street-front suite available with notice (Do not disturb current tenant) Traffic Counts - Indian School Road: 34,358 VPD - 48th Street: 3,454 VPD - Total: 37,454 VPD Features - Mezzanine office and retail space available facing Indian School Road - Beautifully maintained 69,480 SF shopping center in desirable, affluent neighborhood - Anchored by Safeway, CVS and Tutor Time - Highly visible space available in this high traffic center - More than 126,000 residents and 134,395 daytime employees within a three-mile radius - Average household incomes over $109,000 within a one-mile radius - Tenants include Safeway, CVS Pharmacy, Tutor Time, Edward Jones, The Bar Method, Super Cuts, Arcadia Urgent Care, Black Cat Coffee Shop, Sandy’s Magic Touch Cleaners, and more

Camelback East

Office Space Market Report

Number of Listings (last 90 days)
164
Median Rate ($/sqft/yr)
$32
Median Size (sqft)
2,232
As of: January 22, 2017

Camelback East Rates

The typical asking rate per listing is in the $30's per square foot per year. The Camelback East region is experiencing a decline in rates. In the last 3 months, the median rate fell $2 per sqft per year. That's a 6% decline in rent.

Compared to the rest of the Phoenix Metropolitan Area market, the Camelback East submarket has higher rates, and you'll have to negotiate above asking rent to be in this hot submarket.

Camelback East Listing Supply

In the last 90 days, 163 listings have been posted online, so you'll want to check back regularly for new listings. About 6% of the listings in the Camelback East are subleases, so you will probably need to consider the implications of signing a direct lease with the building. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 2,232 sqft. Most buildings in this region are close to 2 floors. Most buildings in this area 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 market. Commute by bike is the most popular way to get to work amongst Camelback East folk. 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