Camelback East Sublease

Esplanade Tower 4 Space
Phoenix, AZ
# Office Sublease in the Esplanade Sublease office space available in the Esplanade IV, an 11-story, Class A office tower, located at 2575 E. Camelback Road in Phoenix, Ariz. Suite 870 is approximately 2,268 square feet with a lease rate of $25 PSF, full service. The sublease expires on November 30, 2018. The Esplanade consists of three 11-story and one 10-story Class A office towers. Located in the heart of the Camelback Corridor, the property is directly across the street from Biltmore Fashion Park, offering specialty retail and fine dining, accessible via an underground pedestrian tunnel. The Esplanade amenities and features include an underground parking structure, 24-hour building security, Camby Hotel, upscale restaurants, salon services and a dine-in movie theatre. Seven parking spaces may be added to the lease at $75 per month (one space may be upgraded to reserved parking at $95 per month). Features - Opulent finishes throughout - 2015 Energy Star label for operating efficiency - 24-hour building security - Underground parking structure with reserved parking available - Premier location at the cornerstone of the Camelback Corridor - Convenient access to SR 51 and the Valley freeway system - On-site amenities include the Camby hotel, upscale restaurants, salon services and dine-in movie theatre - Across the street from the Biltmore Fashion Park, offering specialty retail and fine dining, accessible via an underground pedestrian tunnel

Camelback East

Office Space Market Report

Number of Listings (last 90 days)
157
Median Rate ($/sqft/yr)
$32
Median Size (sqft)
2,250
As of: February 24, 2017

Camelback East Rates

Compared to the rest of the Phoenix Metropolitan Area market, the Camelback East region has more expensive rates, and you'll need to pay a premium to be in this hot region.

Camelback East Listing Supply

In the last 90 days, 157 listings have come on the market, so you'll want to check back regularly for new listings. About 4% of the office spaces 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 2,250 sqft. Most properties in this area are close to 2 floors. Most buildings in this region 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 occupants. 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