1934 E. Camelback Road, Phoenix, AZ 85016 For Sale

CB20 at 1934 E. Camelback Road offers a unique owner/user with income investment opportunity in the heart of Phoenix’s prestigious Camelback Corridor. The ±12,772 SF retail/office building sits on a ±0.48-acre parcel with prime frontage along Camelback Road, just minutes from the AZ-51, Downtown Phoenix, and Sky Harbor International Airport. Originally built in 1977 and fully renovated in 2016, the property provides modernized infrastructure and strong curb appeal within one of Phoenix’s most sought-after business and lifestyle districts.

The building is currently anchored by established tenants, including Pacific Dental Services and UPS, generating consistent income, with ±6,502 SF (Suite 200) available for owner occupancy. With a balanced rent roll producing over $284,000 in annual income and a prime vacancy for an owner/user, the property allows for both immediate cash flow and long-term value creation.

The Camelback Corridor benefits from exceptional demographics and economic fundamentals: high daytime employment density, affluent surrounding neighborhoods, proximity to major universities and healthcare employers, and continued multifamily development with nearly 1,000 new apartments within a three-mile radius. Phoenix remains one of the nation’s fastest-growing economies, ranked #3 in overall job growth and #5 in skilled job growth, further driving demand for well-located office and retail properties.

This asset presents investors or owner/users the rare chance to secure a prominent Camelback address, supported by strong tenant history, durable income, and significant upside in one of Metro Phoenix’s premier submarkets.