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2701 E Camelback Rd
Phoenix, AZ 85016
Bldg 5 · Office Property For Sale

PROPERTY FACTS

Property Type
Office
Building Size
9,632 SF
Building Class
B
Year Built
2005
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
8,501 SF
Building FAR
1.23
Lot Size
0.18 AC
Zoning
C-O
Parking
9 Spaces (4 Spaces per 1,000 SF Leased)

AMENITIES

  • Courtyard
  • Signage

ABOUT 2701 E CAMELBACK RD , PHOENIX, AZ 85016

RDO Investments is pleased to present the opportunity to acquire 2701 E. Camelback Road, a rare 8,238 square foot, high quality, class A Office Free Standing Office Building leased to ArciTerra Companies on a long term, pure NNN basis. The tenant will sign a new 11 year lease at close of escrow with 2% annual increases starting in year six. The investment allows for someone to own a rare class A office investment in the heart of the “Camelback Corridor” on a long term, NNN lease. Based in Phoenix, Arizona, ArciTerra is a real estate investment, development, and management company established in 2005. In an industry clouded with complexity, ArciTerra offers the highest quality and innovative retail investment opportunities while effectively managing those opportunities throughout ownership. ArciTerra clients are provided the highest level of service supported by a system of trust, professional integrity, and dedication. With a proven track record of success, their highly skilled real estate professionals navigate the market with clarity and confidence. ArciTerra has created over 20 investment offerings, and owns nearly 100 properties in 24 states. The principals of ArciTerra have more than 50 years of hands-on real estate experience and have been involved in the successful development, leasing, acquisition and disposition of properties in multiple real estate sectors. The Camelback Corridor is an approximate three mile stretch of high-end shopping destinations with upscale residential neighborhoods like Arcadia, Arcadia Lite and Biltmore. Homeowners in this established part of the city enjoy fabulous views of two stunning natural landmarks, Camelback Mountain and Piestewa Peak . There are several attractions that appeal to residents and visitors alike, including the famous Arizona Biltmore Resort & Spa, the Biltmore Fashion Park, and countless eclectic and high-end restaurants and vibrant nightlife. The Corridor also features some of the densest daytime-business populations in Phoenix. The over 6 million square feet of nearby office space is home to a variety of commercial sectors including real estate, investment banking, legal services and law practices. The large daytime population is also thanks to the presence of several shopping centers including Biltmore Fashion Park, Towne and Country, Camelback Colonnade, Biltmore Plaza, Camelback East Shops, Arcadia Village, and Camelback Village Center.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
163-18-089
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$178,475
  • Listing ID: 9626178

  • Date on Market: 10/16/2017

  • Last Updated:

  • Address: 2701 E Camelback Rd, Phoenix, AZ 85016

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