506 E Camelback Rd
Rare Camelback Road Fronting Standalone Building for Sale - Midtown Phoenix
Marketing description
The subject property is located in the heart of Midtown Phoenix. The property presents an exceptional opportunity for investors and occupiers, alike. This area boasts high-end amenities, proximity to upscale neighborhoods like Arcadia and Biltmore, and landmarks such as Camelback Mountain, Arizona Biltmore Resort, and Desert Botanical Garden. There is a population of about 156,269 within a 2 mile radius, a median age of 37, average incomes of $91,155, and a median home price of $1.48 million, reflecting an educated and affluent community. Traffic along Camelback Road averages around 60,000 vehicles daily.
SVN Desert Commercial Advisors is pleased to present for sale a rare opportunity in the heart of Midtown Phoenix. This freestanding 2,057 SF Mid-Century office building features 5 private offices, a reception area, break room, 2 restrooms, and a conference room. With direct frontage along Camelback Rd experiencing ±60,000 VPD, this property offers exceptional visibility. Ample parking adds to the convenience of this highly walkable location, surrounded by Uptown Plaza and other Camelback Rd amenities. With C-2 zoning allowing for a wide range of potential uses, this property presents a compelling investment opportunity for both the office building investors/occupiers as well as the traditional retail investors.
Investment highlights
Freestanding Mid Century Office Building for Sale
Seller Willing to Carry for Qualified Buyer
Ample Parking
Features 5 Private Offices, Reception Area, Break Room, 2 Restrooms, and Conference Room
Natural Gas to the Property
Direct Frontage Along Camelback Rd - ±60,000 VPD
Highly Walkable Surrounded by Uptown Plaza and other Camelback Rd Amenities
C-2 Zoning Offering Wide Range of Uses in Addition to Office
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