506 E Camelback Rd

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

Description:

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.

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.

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