51 E Camelback Rd
Phoenix, AZ 85012
Camelback Central Station | Corp Abs NNN · Retail Property For Sale

Camelback Central Station is strategically located near the signalized, hard corner intersection of N Central Avenue and E Camelback Rd with 68,300 vehicles passing by daily. This intersection was voted “Hottest Intersection in Phoenix” for 2019 by ULI. The property features excellent visibility from E Camelback Rd and features multiple points of ingress/egress along N 1st St and E Camelback Rd. Specifically, the asset is ideally located within the historic and affluent North Central neighborhood of Phoenix and well positioned within a strong employment corridor to the South. The subject property is directly across from a AJ’s Fine Foods (the only speciality grocer in the submarket) anchored shopping center, increasing consumer draw to the trade area. The site is adjacent to One East Camelback Tower (200,000 SF, 11 story office), which is being converted to a luxury apartment complex (168 units) that will command the highest multi-family rents in the metropolitan area. Additionally, the subject property is only a 1/2 block north of four of the most widely acclaimed schools in Arizona. The four adjoining campuses of Brophy Jesuit High, Xavier College Prep, St. Francis Elementary and Central High School hosts more than 5,200 students, many of which travel from across the metropolitan to attend these schools. The 5-mile trade are is supported by a population of nearly 445,900 residents with an average household income of $63,800.