Asking Price Contact for pricing
Area Size
NOI Net Operating Income


Year Built 2001
Building Area Net
Land Area Net ()
Occupancy 82.0 %
Call for Offers

Asset Description

Jones Lang LaSalle, Inc. (“JLL”), as exclusive advisor, is pleased to present this offering for Camelback Center (the “Property”), a 236,553 square foot, Class-A office asset located off the prestigious intersection of 24th Street and Camelback Road. Currently 81.9% leased, the asset provides investors with a unique combination of stable in-place cash flows, credit tenancy, mark-to-market upside potential, and the opportunity to acquire a prominent Camelback Corridor asset at a significant discount to replacement cost.

Since 2009 more than $25.1 million of capital has been invested into Camelback Center, including

a new building cafe and patio, lobby modernizations, renovated common areas, restrooms, amenity spaces, and modern tenant improvement packages, which has served as a catalyst for the recent leasing velocity. In addition, the asset further benefits from being adjacent to both The Shops at Town & Country and Biltmore Fashion Park, proximity to executive housing in North Central, Paradise Valley, and Arcadia, the recent influx of new multifamily development, and the continually evolving retail dynamics along Camelback Road.

Investment Highlights

  • Stable Income Stream
  • Unparalleled access to Phoenix's top amenities
  • Ideal on-site amenities
  • High barriers to entry
  • Significant discount to replacement
Last Updated Date: 23 Mar 2022

There was an error submitting your request. Please try again, or submit you inquiry here.



Jones Lang LaSalle (JLL), together with its subsidiaries and affiliates, is a leading global provider of real estate and investment management services. We take our responsibility to protect the personal information provided to us seriously.

Generally the personal information we collect from you are for the purposes of dealing with your enquiry.

We endeavor to keep your personal information secure with appropriate level of security and keep for as long as we need it for legitimate business or legal reasons. We will then delete it safely and securely. For more information about how JLL processes your personal data, please view our privacy statement.

Last Updated Date: 23 Mar 2022

Do you have any questions?  Visit our FAQ page

JLL  financing

JLL can help you finance and manage your portfolio.
Email us today to see how we can help achieve your ambitions.